Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

56 West Water Street

Rockland, MA ID #73269835

Property Description

1st offering in over 40 years. This special property has so many uses and is a real money maker. Since 1983 the front building has been used as both assisted living and a sober house and can generate up to $20,000 per month. Building has been updated literally every year and is truly turnkey. Currently the house features 16 beds but can hold up to 22 beds, totally updated heating and electric, Newer roof, Newer windows, a generator for the entire house, plenty of parking, very high ceilings and comes fully furnished. It is a perfect property to add to a real estate portfolio. The back house is a custom designed 4 bed 3 bath single family house built in 2007. It is truly stunning. This house features beautiful hardwood floors, a large mancave over the garage, another generator, and even has a soundproof music studio. The gigantic back yard is totally fenced in- great for pets and offers so much privacy. This property has been lovingly cared for by 1 family for over 40 years.

Additional Details

  • Status: NEW
  • Type: Multi-Family, 2 Family - Rooming House
  • Zip Code: 02370
  • Taxes: 15,359
  • Living Levels: 5
  • Acres: 0.65
  • Buying Broker Compensation: 2

Parking

  • Garage: 1
  • Garage Capacity: 1
  • Parking: Paved Drive, Shared Driveway, Off Street, Assigned, Driveway, Paved
  • Parking Spaces: 12

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 5
  • Total Rooms: 25

Location

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56 West Water Street, Rockland, MA

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Martin Loughnane of The Johnson Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.