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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



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