Sold

35-37 Salem St, Rockland, MA

Rockland · MA 02370

$1,385,000
Price
14
Beds
5
Baths
4233
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 0.98 Acre Lot
Price per square foot: $330 / Sq.Ft
Parking: 20 Off Street Spaces

About this home

Exceptional 5-Family Investment Property with Outstanding Cash Flow, Expansion Potential & Prime Location!Rare opportunity to own a 5-Unit building in Rockland! Sited on nearly an ACRE OF LAND, this meticulously maintained property offers strong cash flow, excellent condition, and incredible upside potential. Fully rented with great, reliable tenants. The building features five spacious units spread across three floors. Each unit is serviced by its own gas heating boiler and water heater, with separately metered gas and electric utilities, making management simple and efficient. New driveway recently installed. Whether you're looking to grow your portfolio or start strong with a high-performing asset, this property offers both current income and future upside. Zoning/lot may allow for future development or additional units (buyer to do due diligence)

Neighborhood & Transit

35-37 Salem St, Rockland · MA 02370

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
303 days
Listing Price:
$1,399,000
Price per Sq.Ft:
$330
Tax Assessment:
$1,221,600 in 2025
Taxes:
$1,392 / Monthly

Home Facts

Interior Features

Bedrooms
14
Full Bathrooms
5
Half Bathrooms
0
Living Area
4,233 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4233
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
42,812 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
20 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Andrea Aro
Listing office
Benny's Realty Group
MLS PIN #
73436393
Disclosure
Property to be sold in AS IS condition and AS TENANTED. Sellers have never occupied the property and make no representations or warranties regarding the accuracy of any information provided. Listing agent and sellers strongly advise buyers and their agents to perform their own due diligence.