NOT LISTED FOR SALE

458 E Water St Rockland, MA 02370

10 Beds
4 Baths
3,304 Sq Ft
0.26 Acres

Last Sold September 29, 2021

Last sale price $790,000 $239 Per Sq Ft

35 Days on Market

Highlights

  • Medical Services
  • Porch
  • Shops
  • Property is near public transit

About This Home

As of September 2021

CALL FOR OFFERS - 12 NOON, TUESDAY, 08/09/2021. Looking for a great investment opportunity? Don’t miss out on this large, well maintained, 4 family home. It is certified DELEADED, has a strong rental history and has plenty of upside potential. All four units have TAWs. It is set up as 2 attached two-family homes - 2 three-bedroom units on the left and a three bedroom and 1 bedroom on the right. There is room to add more bedrooms or a potential fifth unit. All separate utilities. New individual gas heating systems were installed in 2020. On-site laundry, storage and plenty of off-street parking. Convenient to the highway, commuter rail, shopping, restaurants and more. Check the numbers…there are very few opportunities like this one.

Last Agent to Sell the Property

Declan O'Toole

SelectRE Boston Listed on: 07/07/2021

Last Buyer's Agent

Alessandra Lacerda

Mendes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,946

Year Built

  • Built in 1875

Lot Details

  • 0.26

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,304 Sq Ft Home
  • Insulated Windows
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • 4 Heating Zones
  • Gas Water Heater

Additional Features

  • Porch
  • 0.26 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $5,800
  • Assessor Parcel Number M:36 B:0 L:144,1156509

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Building Details

  • Net Operating Income $69,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,946

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1875
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Walk-Out Access, Unfinished
  • Living Area: 3304
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: NB2615
  • LIST PRICE PER Sq Ft: 226.69
  • PRICE PER Sq Ft: 239.1
  • MAIN SO: AN6013

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access

Lot Info

  • Parcel Number: M:36 B:0 L:144,1156509
  • Zoning: RESIDE
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11325.6
  • Lot Size Units: Acres
  • LOT SIZE: 11219
  • PAGE: 135

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9946
  • Tax Book Number: 46049

Multi Family

  • Gross Income: 69600
  • Net Operating Income: 69600
  • Number Of Units Total: 4
  • Total Actual Rent: 5800
  • LEVELS 1: 1
  • 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: 2
  • FLRS 2: 1

Range of Values:

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Sold Price
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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
09/29/2021 09/29/21 Sold $790,000 +5.5% $239 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/04/2021 08/04/21 Price Changed $749,000 0.0% $227 / Sq Ft
08/04/2021 08/04/21 For Sale $749,000 +2.7% $227 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $729,000 +49.1% $221 / Sq Ft
09/15/2015 09/15/15 Sold $489,000 -2.0% $148 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
06/07/2015 06/07/15 For Sale $499,000 -- $151 / 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: 72861171

MLS Property Information Network (MLS PIN)

APN: ROCK M:36 B:0 L:144