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5 Days on Jacob Realty
6
$849,900
Total Beds: 6 Total Baths: 6
Total Units: 6 SQFT: 4026
LOT size: 0.17 Acres
45-47 Park St
Rockland, MA 02370
View Map

Property Description

RARE SIX FAMILY Investment Opportunity!! This property is configured today as 6 well-sized,1 bedroom units w-EIK. Great rental location, plenty of off-street parking and low operating overhead. New monitored, fire alarm/CO system installed in 2024. Property is in need of considerable renovation to secure market rate rents and is being sold AS-IS and can be delivered vacant/tenant-free. Even with estimated repairs, the Cap rate is still likely over 10%! Come bring your experts and your ideas and unlock the potential of this rare investment opportunity.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Bike Path, Conservation Area, Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dishwasher, Range, Refrigerator, Washer / Dryer Combo

Financial

  • APOD Available: No
  • Expenses Source: Limited Information, Projected
  • Gross Operating Income: 129600
  • Gross Expenses: 12300
  • GSE: 4000
  • Water/Sewer: 2000
  • Net Operating Income: 102600

Utilities

  • Heat Zones: 6
  • Electric Info: 220 Volts, At Street, Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1870
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73444708
  • Last Updated: 10/20/25

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Map

Seller's Representative: Tina Ciavattieri, Keller Williams Realty
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 2025-10-20 03:05:00

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