Looking for an investment or sharing space this home has a very versatile/flexible floor plan in the 2, 700 sq ft home with a separate 2,000 square foot building with garage bay currently a heated shop renting for $2,500.00 per month. Plans available for ADU build out for third unit. The main house is currently designed as a two family (unpermitted at this time) with recent completion of lower level in-law for additional space. Each unit is in move-in condition, two to three bedrooms depending on how you use the space, fully applianced with private decks. Sun filled with skylights, bay window, picture window and sliders to private decks and balcony. Yard is stunning with a beautiful lawn, privacy specimen trees and stone walls. Currently vacant after updating, freshly painted inside and out. New roofs 2024. Rents are market value.
This home has been viewed 14 times
Last Checked: June 13th, 2026 at 4:29am (Source: MLS PIN #73512183)
Gross Income: $102,000
Gross Expenses: $7,553
Net Income Calc: $94,447
Water Views
Annual Expenses for 245 Granite St, Rockport MA 01966
Total Gross Expenses (Calculated)$7,553/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7553
Annual Income & Unit Breakdown for 245 Granite St, Rockport MA 01966
Total Gross Income (Calculated)$102,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor1
Levels in Unit2
Rent IncludesHeat
General Information for 245 Granite St, Rockport MA 01966
Listing ID73512183
Property TypeMulti Family / 2 Family
Price1275000 ($638.46/SqFt)
Style2 Family - 2 Units Up/down
CityRockport
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total1997
Approximate Lot Size (Acres)0.46
Total Parking14 (3 Garage)
Garage Parking3
Year Built1994
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area1344
Foundation Description
Accessible Features
Outdoor Space
ZoningR1
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 245 Granite St, Rockport MA 01966
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsAll Appliances To Remain.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 245 Granite St, Rockport MA 01966
Real Estate Taxes7553
Tax Year2025
Assessed Value$862,200
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 245 Granite St, Rockport MA 01966
Elementary SchoolRes
Middle SchoolRms
High SchoolRhs
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 245 Granite St, Rockport MA 01966