92 Church StreetRockland, MA 02370MLS Number 73176618

  • Price: $899,900
  • Est. Mortgage of $/month
  • 28 Days on Market
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Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
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92 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 0237092 Church Street Rockland MA 02370
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  • 11Bedrooms
  • 0.39Acreage
  • 3Bathrooms
  • 1870Year Built

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This licensed 11-room rooming house, located in a quiet suburban setting in Rockland, Massachusetts, offers a rare investment opportunity with stable income and growth potential. Current weekly rent is $2,240 and boasts a low vacancy rate, with rooms typically filled within days. The new owner can either keep the existing system in place or rehab the property to increase the room count and rents. The property features a large level lot with ample parking, 11 bedrooms, a large eat-in kitchen, 2.5 bathrooms, and fire sprinklers. The boiler and water heater were replaced in 2018. The large garage can also be fixed up and rented as storage or converted to additional living space. A reliable on-site manager is willing to stay on to help the new owner transition. All tenants are current on rent payments and none are on subsidies.This rooming house is conveniently located close to a multitude of shops and restaurants on Union Street in Downtown Rockland.
Listed by Kevin Cleary of RE/MAX Select Realty

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Basic Information

  • Gross Income $116,480
  • Listing Terms Contract
  • Lot Features Cleared, Level
  • Mls StatusActive
  • Parcel Number 1157069
  • Rent Includes Unit 1(Heat, Electric, Water, Hot Water)

Location

  • Address92 Church Street
  • Building Number92
  • CountyPlymouth
  • StateMA
  • StreetChurch Street
  • TownRockland
  • Zip02370

Exterior

  • Exterior Features Porch, Patio, Gutters, Garden Area, Other (See Remarks)
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 2,369
  • Lot Size Square Feet 17,012
  • Lot Size Units Acres
  • Square Feet2,369

Amenities

  • Amenities
    • House of Worship
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedUnit 1(Wall Oven, Microwave, Refrigerator), Unit 2(Washer, Dryer), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Other AmenitiesBasement, Garden

Tax Information

  • Tax Assessed Value $637,400
  • Tax Year 2022
  • Taxes$9,129

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 2.5
  • Bedrooms11
  • Full Bath2
  • Half Baths1

Building

  • Basement
    • Bulkhead
    • Concrete
    • Full
    • Interior Entry
    • Partial
    • Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationGranite, Other
  • Garage Spaces1
  • Patio And Porch Features Porch, Patio
  • Rooms12
  • Stories3
  • Units1
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
  • Year Built1870
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation2.5
  • Date Listed11/02/2023
  • Farm Land Area Units Square Feet
  • View Count1

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces10

Basic Information

  • List Price$899,900
  • MLS Number73176618
  • Modification Date11/06/2023
  • Property SubType5+ Family - Rooming House

Property

  • Acreage0.39
  • Frontage Length 70

Interior

  • Interior Features Kitchen, Unit 1 Rooms(Kitchen)

Utilities

  • Cooling Unit 1(Individual)
  • Cooling YN Yes
  • Electric 110 Volts
  • Electric Expense 8021
  • Heat SystemYes
  • Heating Unit 1(Hot Water Radiators, Oil)
  • Sewer Public Sewer
  • Water Source Public

Legal

  • ZoningRESIDE R4
Egan Realty Group

Your Local Office

More Info »
Egan Realty Group
Office: 781.447.2222
Whitman, MA 02882

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