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315-321 Union St, Rockland MA 02370

Rockland, MA 02370
$2,699,000
Est. $16,330/month
12
Beds
15
Baths
12,400
Sq Ft
$218
Price/Sq Ft
0.21
Acres
1929
Year Built
6
Parking
2 hours 34 minutes
Time on Market
Active Listed Jul 13, 2026 • MLS# 73549111 Copied! • Updated Jul 13, 2026

About this home

Exceptional mixed-use investment opportunity in the heart of Rockland! This well-maintained property features 8 residential units (4 two-bedroom and 4 one-bedroom apartments) plus 2 fully leased commercial spaces, delivering strong, immediate cash flow. The property is 100% occupied with outstanding long-term tenants who take pride in their units and would love to remain. A well-established restaurant serves as the anchor commercial tenant, while the second commercial space is also leased, providing a stable and diversified income stream. Residential units feature granite countertops, stainless steel appliances, and high ceilings. Recent improvements include updated plumbing and electrical, a full sprinkler system, a 2-year-old permitted rubber roof, mini-splits in select units, and high-efficiency boilers. Located in the DRROD district with excellent future development potential (buyer to perform due diligence).

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 14, 2026
$2,699,000
Original listing
Agent: Andrea Aro Office: Benny's Realty Group

Tax History

Year Taxes Assessment
2026 $29,793 $2,148,000

Financial Details

Annual Property Tax
$29,793
Tax Year 2026
Assessed Value
$2,148,000

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1929
Living Area 12,400 sq ft
Lot Size 0.21 acres
Bedrooms 12
Full Baths 15
Total Rooms 21

Investment Metrics

Units 8
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Unit 4 Rent — · N
Gross Income $292,023
Net Operating Income $228,337
Operating Expenses $63,686
Cap Rate 8.46%
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $29,793
Assessed Value $2,148,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Mass Dep Stabilization Done Prior To Residential Conversion. Current Open Rtn Due To Inability To Gain Access To Adjoining Property 335 Union. Https://eeaonline.eea.state.ma.us/portal#!/wastesite/4-0023725
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Plymouth

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1929
Bedrooms
12
Full Bathrooms
15
Living Area
12,400 sq ft
Total Rooms
21
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1929
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Electric, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot, Other
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,483
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

315-321 Union St, Rockland MA 02370

Rockland, MA 02370

Listing Information

Listing Agent Andrea Aro
Listing Office Benny's Realty Group
Office Phone 617-817-1024
Agent MLS ID CN228934
Office MLS ID AN2062
Listing Data Updated Jul 13, 2026 11:42 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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