67-71 John A Dunn Memorial DriveRockland, MA 02370MLS Number 73282717

  • Sale Price: $2,950,000
  • 122 Days Since Sale
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Federal 30-year interest rate: 6.83% last updated on Apr 17, 2025
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67-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 0237067-71 John A Dunn Memorial Drive Rockland MA 02370
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  • 24Bedrooms
  • 0.56Acreage
  • 12Bathrooms
  • 1970Year Built

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The 67-71 John A Dunn Memorial Drive apartment complex is a 12-unit property comprised of (2) six-unit properties which are side-by-side. The property offers a very attractive unit mix, consisting of 100% two-bed, one-bath units. Also onsite is common laundry and ample surface-level parking, and all separate utilities except water and sewer. There is a value-add opportunity at the property to mark all rents to market level, as they are currently $400 below market. All 12 units have been recently renovated, including new stainless appliances, quartz countertops, backsplash tiles, vinyl flooring, white cabinets, and bathroom fixtures. An energy audit was performed in 2023 as well to identify any ways to optimize operating expenses. In-place cap rate is over 6%, pro forma cap rate is over 8%.
Listed by Nicholaus Jasinski of Berkadia Real Estate Advisors LLC

Listing Sold by Berkadia Real Estate Advisors LLC

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More Info

Basic Information

  • Gross Income $266,262
  • Lot Features Easements
  • Mls StatusSold

Basic Information

  • List Price$2,950,000
  • MLS Number73282717
  • Modification Date12/25/2024
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date09/23/2024
  • Sale Date12/20/2024
  • Sale Price$2,950,000

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 10,892
  • Lot Size Square Feet 24,394
  • Lot Size Units Acres
  • Square Feet10,892

Tax Information

  • Tax Year 2024
  • Taxes$27,743

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms24
  • Full Bath12

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter, Slab
  • Rooms99
  • Stories3
  • Units12
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
  • Year Built1970
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces99

Location

  • Address67-71 John A Dunn Memorial Drive
  • Building Number67-71
  • CountyPlymouth
  • StateMA
  • StreetJohn A Dunn Memorial Drive
  • TownRockland
  • Zip02370

Property

  • Acreage0.56

Utilities

  • Sewer Public Sewer
  • Water Source Public

Water Body

  • Waterfront Features Stream

Other

  • Date Listed08/29/2024
  • Farm Land Area Units Square Feet
  • View Count15
Egan Realty Group
Egan Realty Group
Office: 781.447.2222
Whitman, MA 02882

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from Egan Realty Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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