NOT LISTED FOR SALE

19-21 Forest St Rockport, MA 01966

10 Beds
10 Baths
6,808 Sq Ft
0.49 Acres

Last Sold September 15, 2022

Last sale price $1,300,000 $191 Per Sq Ft

7 Days on Market

Highlights

  • Granite Flooring
  • Property is near public transit
  • Level Lot
  • Deck
  • Storm Windows
  • Heating Available

About This Home

As of September 2022

This property consists of two buildings on a 21,201 square foot, level lot and were built as quarry worker housing. 2021 income $88,220. One building has six units, the other has four units. The owner has always referred to the units as one bedrooms. The layouts differ but the units average in the range o 625 - 650 square feet. There is a parking area accessed from Norwood Court. Forest Street leads out to King Street and is near Back Beach and the Bandstand. The Rockport Music Shalin Liu Performance Center is less than a half mile away and there's easy access to Bearskin Neck. A plus is the MBTA staton is less than a half mile away. Tenants pay for electricity and propane gas for cooking and hot water. Owner pays for oil. Both roofs new in 2020.

Last Agent to Sell the Property

Ruth Pino

RE/MAX Beacon Listed on: 07/19/2022

RE/MAX Beacon

Last Buyer's Agent

Lori Bouchie

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,827

Year Built

  • Built in 1850

Lot Details

  • 0.49 Acre Lot
  • Property fronts an easement
  • Level Lot

Home Design

  • 6,808 Sq Ft Home
  • Frame Construction
  • Shingle Roof

Flooring

  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 10 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Rockport Elementary And Middle School
  • Rockport High School

Utilities

  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected
  • Propane Water Heater

Listing and Financial Details

  • Total Actual Rent $8,822
  • Rent includes unit 1(heat), unit 2(heat), unit 3(heat), unit 4(heat)
  • Tax Lot 270
  • Assessor Parcel Number M:0018 B:0000 L:0270,2118926

Community Details

Overview

  • 10 Units
  • Property has 1 Level

Building Details

  • Electric Expense $400
  • Insurance Expense $7,191
  • Water Sewer Expense $3,530
  • Operating Expense $16,321
  • Net Operating Income $37,979

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,827

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1850
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Propane Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 10
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Total Bathrooms: 10
  • Basement: Full, Walk-Out Access
  • Living Area: 6808
  • Stories Total: 6
  • Window Features: Storm Window(s)
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 179.94
  • PRICE PER Sq Ft: 190.95
  • MAIN SO: AN4305

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Frontage Length: 200
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Hot Water Baseboard,Oil), Unit 2(Central Heat,Hot Water Radiators,Oil), Unit 3(Central Heat,Hot Water Baseboard,Oil), Unit 4(Central Heat,Hot Water Baseboard,Oil)
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, T-Station
  • Rent Includes: Unit 1(Heat), Unit 2(Heat), Unit 3(Heat), Unit 4(Heat)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3530

Lot Info

  • Parcel Number: M:0018 B:0000 L:0270,2118926
  • Zoning: residentia
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Size Sq Ft: 21344
  • Lot Size Units: Acres
  • PAGE: 28
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6827
  • Tax Book Number: 18352
  • Tax Lot: 270
  • Tax Map Number: 18

Multi Family

  • Electric Expense: 400
  • Gross Income: 88200
  • Insurance Expense: 7191
  • Net Operating Income: 37979
  • Number Of Units Total: 10
  • Operating Expense: 16321
  • Total Actual Rent: 8822
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

MLS Schools

  • High School: Rockport
  • Elementary School: Rockport
  • Middle Or Junior School: Rockport

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $1,300,000 +6.1% $191 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $1,225,000 -- $180 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73013921

MLS Property Information Network (MLS PIN)

APN: ROCK M:18 B:270