315-321 Union St, Rockland MA 02370
Rockland, MA 02370
$2,699,000
Est. $16,330/month
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About this home
Exceptional mixed-use investment opportunity in the heart of Rockland! This well-maintained property features 8 residential units (4 two-bedroom and 4 one-bedroom apartments) plus 2 fully leased commercial spaces, delivering strong, immediate cash flow. The property is 100% occupied with outstanding long-term tenants who take pride in their units and would love to remain. A well-established restaurant serves as the anchor commercial tenant, while the second commercial space is also leased, providing a stable and diversified income stream. Residential units feature granite countertops, stainless steel appliances, and high ceilings. Recent improvements include updated plumbing and electrical, a full sprinkler system, a 2-year-old permitted rubber roof, mini-splits in select units, and high-efficiency boilers. Located in the DRROD district with excellent future development potential (buyer to perform due diligence).
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Aug 3, 2026
Active → Active Under Contract
Pending Sale
Jul 25, 2026
Offer accepted, sale pending
Listed for Sale
Jul 14, 2026
$2,699,000
Original listing
Agent: Andrea Aro
Office: Benny's Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/03/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/25/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/14/2026 | 🏠 Listed for Sale | $2,699,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $29,793 | $2,148,000 |
Financial Details
Annual Property Tax
$29,793
Tax Year 2026
Assessed Value
$2,148,000
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1929
Living Area
12,400 sq ft
Lot Size
0.21 acres
Stories
5
Bedrooms
12
Full Baths
15
Total Rooms
21
Investment Metrics
Units
10
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Unit 4 Rent
— · N
Gross Income
$292,023
Net Operating Income
$228,337
Operating Expenses
$63,686
Cap Rate
8.46%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$29,793
Assessed Value
$2,148,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Mass Dep Stabilization Done Prior To Residential Conversion. Current Open Rtn Due To Inability To Gain Access To Adjoining Property 335 Union. Https://eeaonline.eea.state.ma.us/portal#!/wastesite/4-0023725
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Plymouth
Total market time (incl. prior listings)
35 days
Property Overview
Property Type
5-9 Family
Listing Type
Sale Pending
Year Built
1929
Bedrooms
12
Full Bathrooms
15
Living Area
12,400 sq ft
Total Rooms
21
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
12,400 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1929
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas, Electric, Tankless
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot, Other
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$2,483
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
315-321 Union St, Rockland MA 02370
Rockland, MA 02370
Listing Information
Listing Agent
Andrea Aro
Listing Office
Benny's Realty Group
Office Phone
617-817-1024
Agent MLS ID
CN228934
Office MLS ID
AN2062
Listing Data Updated
Aug 17, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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