83 Summit St new

Rockland,MA 02370

$ 850000

6 Beds

4 Baths

2438 SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,438 sqft

Price per Sqft $348

MLS Listing ID 73436893

Bedrooms 6

Full Baths 4

Year Built 1860

Annual Tax Amount $10,000

Tax Year 2025

Lot Size 0.330 Acres

Property Sub-Type 4 Family

Property Description

83 Summit Street consists of a two-story building containing two (2) 1-Bedroom/1-Bathroom units and two (2) 2-Bedroom/1 Bathroom with 2,438 square feet of gross living area in 3,957 total gross square feet. The Property is situated upon a 0.33-acre parcel on a corner lot with eight (8) off-street parking spaces for residents. Numerous capital improvements have been completed under current ownership. Upgrades include new kitchens and bathrooms in 2 of 4 units, newer roof, siding and water heaters on an as needed basis. The Property is separately metered for electricity and hot water which the tenants pay directly. The Landlord is responsible for oil-fired heat, and domestic water and sewer. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market.

Location

State MA

County Plymouth

Zoning RESIDE

Exterior

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Public School

Roof Type Shingle

Building

Lot Description Corner Lot

Story 4

Foundation Block,Stone

Sewer Public Sewer

Water Public

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