35-37 Salem St Rockland MA 02370 MLS #73436393

35-37 Salem St
Rockland, MA, 02370
$1,399,000
14 Beds
5 Baths
4,233 SqFt
0.98 Acres
$1,399,000
35-37 Salem St
Rockland, MA, 02370
Exceptional 5-Family Investment Property with Outstanding Cash Flow, Expansion Potential & Prime Location!Rare opportunity to own a 5-Unit building in Rockland! Sited on nearly an ACRE OF LAND, this meticulously maintained property offers strong cash flow, excellent condition, and incredible upside potential. Fully rented with great, reliable tenants. The building features five spacious units spread across three floors. Each unit is serviced by its own gas heating boiler and water heater, with separately metered gas and electric utilities, making management simple and efficient. New driveway recently installed. Whether you’re looking to grow your portfolio or start strong with a high-performing asset, this property offers both current income and future upside. Zoning/lot may allow for future development or additional units (buyer to do due diligence)

Property Details

Price:
$1,399,000
MLS #:
73436393
Status:
Active
Beds:
14
Baths:
5
Address:
35-37 Salem St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Rockland
Listed Date:
Sep 26, 2025
State:
MA
Finished Sq Ft:
4,233
Total Sq Ft:
4,233
ZIP:
02370
Lot Size:
42,812 sqft / 0.98 acres (approx)
Year Built:
1900
Units:
5

Schools

Interior

Appliances
Washer, Dryer
Bathrooms
5 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, Other
Construction Materials
Frame
Parking Spots
20
Roof
Shingle

Financial

Net Operating Income
$148,200
Tax Year
2025
Taxes
$16,699
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby

Courtesy of Benny’s Realty Group. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Rover IDX
35-37 Salem St
Rockland, MA