$1,490,000
56 West Water Street
Rockland, MA, 02370
1st offering in over 40 years. This special property has so many uses and is a real money maker. Since 1983 the front building has been used as both assisted living and a sober house and can generate up to $20,000 per month. Building has been updated literally every year and is truly turnkey. Currently the house features 16 beds but can hold up to 22 beds, totally updated heating and electric, Newer roof, Newer windows, a generator for the entire house, plenty of parking, very high ceilings and comes fully furnished. It is a perfect property to add to a real estate portfolio. The back house is a custom designed 4 bed 3 bath single family house built in 2007. It is truly stunning. This house features beautiful hardwood floors, a large mancave over the garage, another generator, and even has a soundproof music studio. The gigantic back yard is totally fenced in- great for pets and offers so much privacy. This property has been lovingly cared for by 1 family for over 40 years.
Property Details
Price:
$1,490,000
MLS #:
73269835
Status:
Pending
Beds:
10
Baths:
6.5
Address:
56 West Water Street
Type:
Multi Family
Subtype:
2 Family – Rooming House
City:
Rockland
Listed Date:
Jul 26, 2024
State:
MA
Finished Sq Ft:
7,514
Total Sq Ft:
7,514
ZIP:
02370
Lot Size:
28,237 sqft / 0.65 acres (approx)
Year Built:
1900
Units:
2
Schools
Interior
Bathrooms
6 Full Bathrooms, 1 Half Bathroom
Flooring
Tile, Laminate
Exterior
Community Features
Public Transportation, Shopping, Golf, Medical Facility, Highway Access, Public School
Construction Materials
Stone
Exterior Features
Rain Gutters
Other Structures
Shed(s)
Parking Features
Paved Drive, Shared Driveway, Off Street, Assigned, Driveway, Paved
Parking Spots
12
Roof
Shingle
Financial
Tax Year
2024
Taxes
$15,359
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…
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Courtesy of The Johnson 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.
56 West Water Street
Rockland, MA
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