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83 Summit St 83 Summit St 4 Unit Apartment Building $1,186,532 CAD ($296,633 CAD/Unit) 4.63% Cap Rate Rockland, MA 02370

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INVESTMENT HIGHLIGHTS

  • Transit Oriented Location
  • Value-Add Opportunity
  • Off-Street Parking
  • Well-Maintained Asset
  • Separately Metered Utilities
  • Strong Rental Demographics & Demand

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 83 Summit Street in Rockland, Massachusetts (the “Property”). The two-story building contains 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.
83 Summit Street is well-located off Union Street near Rockland Center, with quick connections to Route 139 and Route 3, offering tenants convenient regional access across the South Shore. The property sits in a primarily owner-occupied community, which supports steady demand and relatively limited rental inventory in this submarket of Plymouth County. Commuters benefit from proximity to the MBTA Commuter Rail, with Abington and South Weymouth stations a short drive away, and frequent bus connections toward Boston. Nearby downtown amenities and services along Union Street further enhance livability and renter appeal.

PROPERTY FACTS

Price $1,186,532 CAD
Price Per Unit $296,633 CAD
Sale Type Investment
Cap Rate 4.63%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 3,957 SF
Average Occupancy 100%
No. Stories 2
Year Built 1860
Parking Ratio 2.02/1,000 SF
Opportunity Zone Yes
Zoning Residential - Multi-family Building

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - -
2+1 2 - -
  • Listing ID: 37878511

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 83 Summit St, Rockland, MA 02370

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