$1,249,000
$1,249,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
22 School St Rockport, MA 01966
6 Beds
3 Baths
6,055 SqFt
Key Details
Sold Price $1,249,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,055 sqft
Price per Sqft $206
MLS Listing ID 72891182
Sold Date 04/05/22
Bedrooms 6
Full Baths 2
Half Baths 2
Year Built 1866
Annual Tax Amount $6,591
Tax Year 2021
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Rare Investor Opportunity Mixed-Use located in the heart of scenic Rockport. Steps to Front Beach with numerous shops and restaurants near Bearskin Neck. Rockport Harbor and renowned scuba diving at Back Beach are minutes away. This beautiful 4-unit property has been under the same ownership for over 30 years. An income producer with a proven history. Two spacious 3-Bedroom residential units with under market rents make this a renters dream. Serious potential for short term seasonal rentals like AirBNB w/attractive tourist experiences. Two retail storefronts add to the attractiveness with balanced revenue. Great opportunity to stabilize an investment portfolio with a business that anchors this location. Ideal for investor portfolio or owner occupied property. Has a very attractive entry cap rate with potential value add. Check out what this charming community has to offer! Proforma available for qualified buyer.
Location
State MA
County Essex
Zoning 0104
Direction At the cross street of Broadway and School St. Retail location has frontage on Broadway.
Interior
Heating Unit 1(Forced Air, Gas), Unit 2(Hot Water Baseboard, Oil), Unit 3(Hot Water Baseboard, Oil), Unit 4(Hot Water Baseboard, Oil)
Cooling Unit 1(Central Air), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
Exterior
Community Features Public Transportation, Shopping, Walk/Jog Trails, Golf, Public School, T-Station
Waterfront false
Waterfront Description Beach Front, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Parking Type Off Street
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Story 7
Foundation Slab
Sewer Public Sewer
Water Public
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Bought with Richard Olson • Olson Real Estate