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$650,000
Total Beds: 4 Total Baths: 3
Total Units: 3 SQFT: 1916
LOT size: 0.23 Acres
775 Union St
Rockland, MA 02370
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Property Description

775 Union Street contains two (2) 1-Bedroom/1-Bathroom units and one (1) 2-Bedroom/1 Bathroom unit with 1,916 square feet of gross living area. The Property is situated on a 0.23-acre parcel and offers a storage garage capable of fitting two cars. The Property is separately metered for electricity, gas-fired heat, and gas fired hot water which the tenants pay directly. The Landlord is responsible for common area electric and domestic water and sewer. Recent capital improvements include upgraded vinyl siding, newer roof, two (2) water heaters, one (1) boiler, and spray foam insulation on Unit Rear. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Bulkhead, Full

Financial

  • APOD Available: Yes
  • Gross Operating Income: 40320
  • Gross Expenses: 20766
  • Net Operating Income: 19554

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73436891
  • Last Updated: 10/03/25

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Map

Seller's Representative: Jason Kulik, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-10-03 03:05:00

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