Sold
22 School St, Rockport, MA
Rockport · MA 01966
- $1,249,000
- Price
- 6
- Beds
- 3
- Baths
- 6055
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1866
Units:
4 Units
Lot size:
4,792 Sq.Ft Lot
Price per square foot:
$206 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
Rare Investor Opportunity Mixed-Use located in the heart of scenic Rockport. Steps to Front Beach with numerous shops and restaurants near Bearskin Neck. Rockport Harbor and renowned scuba diving at Back Beach are minutes away. This beautiful 4-unit property has been under the same ownership for over 30 years. An income producer with a proven history. Two spacious 3-Bedroom residential units with under market rents make this a renters dream. Serious potential for short term seasonal rentals like AirBNB w/attractive tourist experiences. Two retail storefronts add to the attractiveness with balanced revenue. Great opportunity to stabilize an investment portfolio with a business that anchors this location. Ideal for investor portfolio or owner occupied property. Has a very attractive entry cap rate with potential value add. Check out what this charming community has to offer! Proforma available for qualified buyer.
Neighborhood & Transit
22 School St, Rockport · MA 01966
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Rockport Commuter Rail 1 route 0.48 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 1652 days
- Listing Price:
- $1,249,900
- Price per Sq.Ft:
- $206
- Tax Assessment:
- $676,700 in 2021
- Taxes:
- $549 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 2
- Half Bathrooms
- 2
- Living Area
- 6,055 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- 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
- 4,792 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 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
- John Wellington
- Listing office
- RE/MAX 360
- MLS PIN #
- 72891182
- Disclosure
- Owner stated income and expenses. Anchor tenant (Rockport Pizza) has a 5/5/5 Lease effective 2021 $3,300 per month with annual 2% increase. Buyer/Buyer agent to do own due diligence. Seller/Seller agent make no representations or warranties. Update: Restaurant Heat is Propane supplied