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Active

4 South St, Rockport MA 01966

$1,625,000

Estimated $3,473/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $541,666.67

Total Rent: 28800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2359

Total Parking: 4

6,135 (0.14)

Introducing 4 South St — a rare opportunity to own a versatile family compound or income-producing property with three separate legal living spaces. Currently configured as two legal condominium units plus a newly built detached guest studio, this unique property offers exceptional flexibility for multigenerational living, owner occupancy, or investment income. Unit 1 occupies the first floor and features 3 bedrooms and 2 bathrooms, an updated kitchen and baths, original hardwood flooring, two fireplaces, newer windows, an outdoor shower, and beautiful patios surrounded by mature landscaping. Unit 2, located on the second floor, offers 2 bedrooms and 2 bathrooms, original hardwood flooring, a fireplace, separate entrance, dedicated parking, and a private deck. Adding even more versatility is the beautifully appointed detached studio, built in 2023 — an ideal guest suite, home office, or additional income-producing space. Conveniently located a short distance from downtown and the Old Garden Beach area, 4 South St offers a rare combination of character, flexibility, and investment potential. Whether you’re looking for a multigenerational retreat, an owner-occupied property with rental income, or a distinctive investment opportunity, this exceptional property is not to be missed.

This home has been viewed 4 times

Last Checked: September 23rd, 2026 at 7:28am (Source: MLS PIN #73577878)

Gross Income: $28,800

Gross Expenses: $10,056

Net Income Calc: $18,744

Annual Expenses for 4 South St, Rockport MA 01966

Total Gross Expenses (Calculated)$10,056/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10056

Annual Income & Unit Breakdown for 4 South St, Rockport MA 01966

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Levels in Unit2

Rent IncludesHeat

General Information for 4 South St, Rockport MA 01966

Listing ID73577878

Property TypeMulti Family / 2 Family

Price1625000 ($688.85/SqFt)

Style2 Family - 2 Units Up/down

CityRockport

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2359

Approximate Lot Size (Acres)0.14

Total Parking4

Garage Parking0

Year Built1700

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 4 South St, Rockport MA 01966

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer And Sellers Personal Items.

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 4 South St, Rockport MA 01966

Real Estate Taxes10056

Tax Year2026

Assessed Value$1,188,700

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 4 South St, Rockport MA 01966

Elementary SchoolRes

Middle SchoolRms

High SchoolRhs

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 4 South St, Rockport MA 01966

Agent

Name: Theresa Scatterday

Office

Name: J. Barrett & Company

Phone: 978-282-1315

Payment Calculator

, Interest

Property Taxes 838

Principal & Interest 10012.73

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

Theresa Scatterday

Agent Phone

Office Phone

(978) 282-1315

Text Agent Call Agent Call Office

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    [unparsed] => 4 South St, Rockport MA 01966
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EXIT

38 More Photos

Active

4 South St, Rockport MA 01966

$1,625,000

Annual Expenses for 4 South St, Rockport MA 01966

Annual Income & Unit Breakdown for 4 South St, Rockport MA 01966

General Information for 4 South St, Rockport MA 01966

Disclosures for 4 South St, Rockport MA 01966

Financial Information for 4 South St, Rockport MA 01966

Location Information for 4 South St, Rockport MA 01966

Contact Information for 4 South St, Rockport MA 01966

Agent

Office

Payment Calculator

Exclusive Listing Agent

J. Barrett & Company

Theresa Scatterday