RARE SIX FAMILY Investment Opportunity!! This property is configured today as 6 well-sized,1 bedroom units w-EIK. Great rental location, plenty of off-street parking and low operating overhead. New monitored, fire alarm/CO system installed in 2024. Property is in need of considerable renovation to secure market rate rents and is being sold AS-IS and can be delivered vacant/tenant-free. Even with estimated repairs, the Cap rate is still likely over 10%! Come bring your experts and your ideas and unlock the potential of this rare investment opportunity.
This home has been viewed 27 times
Last Checked: November 27th, 2025 at 7:13am (Source: MLS PIN #73444708)
Gross Income: $86,400
Gross Expenses: $12,303
Net Income Calc: $74,097
CAP Rate: 8.72%
Annual Expenses for 45-47 Park St, Rockland MA 02370
Total Gross Expenses (Calculated)$12,303/year
APOD AvailableNo
Heating
Electricity
Water$2,000
Gas$2,000
Insurance
Sewer$2,000
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,303
Annual Income & Unit Breakdown for 45-47 Park St, Rockland MA 02370
Total Gross Income (Calculated)$86,400
Unit 1
Rental Income$1,800
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,800
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,800
Lease
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,800
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 45-47 Park St, Rockland MA 02370
Listing ID73444708
Property TypeMulti Family / 5+ Family
Price$849,900 ($211.1/SqFt)
Style5-9 Family
CityRockland
CountyPlymouth
MLS Area
Neighborhood(s)
Approximate Living Area Total4,026 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking12
Garage Parking
Year Built1870
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck
ZoningRESIDE
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 45-47 Park St, Rockland MA 02370
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceLimited Information, Projected
Total Gross Expenses By Broker$12,300
Total Gross Income By Broker$129,600
Total Net Income By Broker$102,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 45-47 Park St, Rockland MA 02370
Real Estate Taxes$6,303
Tax Year2025
Assessed Value$461,100
Financial Data SourceLimited Information, Projected
Total Gross Expenses By Broker$12,300
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$129,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$102,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.72%
Location Information for 45-47 Park St, Rockland MA 02370
Elementary SchoolJefferson
Middle SchoolJohn Rogers
High SchoolRockland High
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, Public School, Shopping, Park, Laundromat, Bike Path, Public Transportation
Contact Information for 45-47 Park St, Rockland MA 02370