35-37 Salem St, Rockland MA 02370

Rockland, MA 02370
$1,399,000
Est. $8,666/month
14
Beds
5
Baths
4,233
Sq Ft
$330
Price/Sq Ft
0.98
Acres
1900
Year Built
71
Days on Market
Active Listed Sep 26, 2025 • MLS# 73436393 Copied!

About this home

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 Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
14
Full Bathrooms
5
Living Area
4,233 sq ft
Total Rooms
25
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1900
Living Area 4,233 sq ft
Lot Size 0.98 acres
Bedrooms 14
Full Baths 5
Total Rooms 25

Interior

Heating None
Cooling None
Flooring None
Appliances Washer, Dryer
Fireplace None
Basement Full
Laundry None
Features Laundry Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 20

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $16,699
Assessed Value $1,221,600

Interior Features

Flooring:
Appliances: Washer, Dryer
Interior Features: Laundry Room
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 20
Parking Features:

Location

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Neighborhood

35-37 Salem St, Rockland MA 02370

Rockland, MA 02370

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,392
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
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Cost $0/mo

Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Sep 26, 2025
$1,399,000
Original listing
Agent: Andrea Aro Office: Benny's Realty Group

Price & Status History

Date Event Price Change
Sep 26, 2025 New Listing Added $1,399,000

Market Statistics

Days on Market
71 days
Price per Sq Ft
$330

Tax History

Year Taxes Assessment
2025 $16,699 $1,221,600

Financial Details

Annual Property Tax
$16,699
Tax Year 2025
Assessed Value
$1,221,600

Listing Information

Listing Agent Andrea Aro
Listing Office Benny's Realty Group
Agent MLS ID CN228934
Office MLS ID AN2062
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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Market Analytics for Rockland, MA

Real-time market trends and pricing data for this area

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