775 Union St, Rockland, MA 02370
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$650,000
3 Unit
4 Beds
3 Baths
1916 SQFT
0.23 Acre

Property Description

775 Union Street contains two (2) 1-Bedroom/1-Bathroom units and one (1) 2-Bedroom/1 Bathroom unit with 1,916 square feet of gross living area. The Property is situated on a 0.23-acre parcel and offers a storage garage capable of fitting two cars. The Property is separately metered for electricity, gas-fired heat, and gas fired hot water which the tenants pay directly. The Landlord is responsible for common area electric and domestic water and sewer. Recent capital improvements include upgraded vinyl siding, newer roof, two (2) water heaters, one (1) boiler, and spray foam insulation on Unit Rear. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Bulkhead, Full

Financial

  • APOD Available: Yes
  • Gross Operating Income: 40320
  • Gross Expenses: 20766
  • Net Operating Income: 19554

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73436891
  • Last Updated: 10/03/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/03/2025Active$650,000$339MLSPIN
09/29/2025New$650,000$339MLSPIN

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Seller's Representative: Jason Kulik, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-10-03 03:05:00

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