Talk about the perfect live-work and/or investment potential combo. Sited in the heart of Rockport’s Bearskin Neck with its galleries, shops, eateries, this multi-use commercial/residential property seeks a new owner. The current configuration includes two street level commercial units. The larger one with gallery, workspace, kitchen, and bath is ideal for artists or entrepreneurs. The second unit with access to a half bath can serve a range of retail or service businesses. The 2nd level residential unit with a private entrance off Middle Road offers a spacious bedroom, living room, dining/family room, galley kitchen, bath, and decks with views of Bearskin Neck. In addition to a flexible floor plan, this property has rare off-street, on-site parking for two vehicles. Live and work from home, rent out one shop for additional income or rent both. Don’t miss this excellent investment opportunity.
This home has been viewed 30 times
Last Checked: May 7th, 2024 at 3:55am (Source: MLS PIN #73086420)
Gross Income: $0
Gross Expenses: $6,584
Net Income Calc: $6,584
Annual Expenses for 34-36 Bearskin Neck, Rockport MA 01966
Total Gross Expenses (Calculated)$6,584/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6584
Annual Income & Unit Breakdown for 34-36 Bearskin Neck, Rockport MA 01966
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 34-36 Bearskin Neck, Rockport MA 01966
Listing ID73086420
Property TypeMulti Family / 3 Family
Price899000 ($381.26/SqFt)
Style3 Family
CityRockport
CountyEssex
MLS AreaBearskin Neck
Neighborhood(s)Ipswich
Approximate Living Area Total2358
Approximate Lot Size (Acres)0.03
Total Parking2
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningGD
Water Views
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 34-36 Bearskin Neck, Rockport MA 01966
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSheds
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation1.0
Compensation Based OnGross/full Sale Price
Financial Information for 34-36 Bearskin Neck, Rockport MA 01966
Real Estate Taxes6584
Tax Year2023
Assessed Value$698,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 34-36 Bearskin Neck, Rockport MA 01966
Elementary SchoolRockport
Middle SchoolRockport
High SchoolRockport
Neighborhood(s)Ipswich
MLS AreaBearskin Neck
Area AmenitiesWalk/jog Trails
Contact Information for 34-36 Bearskin Neck, Rockport MA 01966