Sold
67-71 John A Dunn Memorial Dr, Rockland, MA
Rockland · MA 02370
- $2,950,000
- Price
- 24
- Beds
- 12
- Baths
- 10892
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1970
Units:
12 Units
Lot size:
0.56 Acre Lot
Price per square foot:
$271 / Sq.Ft
Parking:
99 Off Street Spaces
About this home
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%.
Neighborhood & Transit
67-71 John A Dunn Memorial Dr, 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:
- 797 days
- Listing Price:
- $2,950,000
- Price per Sq.Ft:
- $271
- Tax Assessment:
- Unknown
- Taxes:
- $2,312 / Monthly
Home Facts
Interior Features
- Bedrooms
- 24
- Full Bathrooms
- 12
- Half Bathrooms
- 0
- Living Area
- 10,892 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 10892
- 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
- 24,394 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 99 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Nicholaus Jasinski
- Listing office
- Berkadia Real Estate Advisors LLC
- MLS PIN #
- 73282717