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35-37 Salem StRockland, MA 02370

For Sale

$1,399,000

Smart Buyer Rebate $6,995

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)

Listed by Andrea Aro

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Benny's Realty Group

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857-236-9159

Last updated October 03, 2025

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Source: MLSPin #73436393

Listing Facts

  • TypeMulti-family
  • NeighborhoodRockland
  • Bedrooms14
  • Bathrooms5
  • Days on Prevu29
  • Taxes$16,699/year
  • Size4,233 sqft
  • Price per sqft$330

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

09/26/2025
Listed by Benny's Realty Group
$1,399,000

Property Details for 35-37 Salem St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House Of Worship, Public School, Other

Exterior

Construction

  • Number Of Units Total: 5
  • Roof: Shingle
  • Stories: 5
  • Stories Total: 5
  • Year Built: 1900
  • Year Built Details: Actual
  • Construction Materials: Frame

Measurements

  • Building Area Total: 4,233
  • Building Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.98
  • Lot Size Area: 0
  • Lot Size Square Feet: 42,812
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $148,200.00
  • Operating Expense: $4,128.00

Taxes

  • Parcel Number: M:29 B:0 L:2,1155651
  • Tax Annual Amount: $16,699.00
  • Tax Assessed Value: $1,221,600.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Washer, Dryer
  • Interior Features: Laundry Room

Measurements

  • Living Area: 4,233
  • Living Area Source: Public Record

Rooms

  • Basement: Full
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 14
  • Rooms Total: 25

Parking

Parking

  • Parking Total: 20

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.