83 Summit St Rockland MA 02370 MLS #73436893

83 Summit St
Rockland, MA, 02370
$850,000
6 Beds
4 Baths
2,438 SqFt
0.33 Acres
$850,000
83 Summit St
Rockland, MA, 02370
83 Summit Street consists of a two-story building containing two (2) 1-Bedroom/1-Bathroom units and two (2) 2-Bedroom/1 Bathroom with 2,438 square feet of gross living area in 3,957 total gross square feet. The Property is situated upon a 0.33-acre parcel on a corner lot with eight (8) off-street parking spaces for residents. Numerous capital improvements have been completed under current ownership. Upgrades include new kitchens and bathrooms in 2 of 4 units, newer roof, siding and water heaters on an as needed basis. The Property is separately metered for electricity and hot water which the tenants pay directly. The Landlord is responsible for oil-fired heat, and domestic water and sewer. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market.

Property Details

Price:
$850,000
MLS #:
73436893
Status:
Active
Beds:
6
Baths:
4
Address:
83 Summit St
Type:
Multi Family
Subtype:
4 Family
City:
Rockland
Listed Date:
Sep 29, 2025
State:
MA
Finished Sq Ft:
2,438
Total Sq Ft:
2,438
ZIP:
02370
Lot Size:
14,374 sqft / 0.33 acres (approx)
Year Built:
1860
Units:
4

Schools

Interior

Bathrooms
4 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
8
Roof
Shingle

Financial

Net Operating Income
$32,344
Tax Year
2025
Taxes
$10,000
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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…

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