40 RocklandMalden, MA 02148MLS Number 73060978

  • Sale Price: $4,900,000
  • 17 Days Since Sale
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Federal 30-year interest rate: 6.42% last updated on Mar 23, 2023
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40 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 0214840 Rockland Malden MA 02148
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  • 30Bedrooms
  • 0.38Acreage
  • 16Bathrooms
  • 1963Year Built
Forty Rockland consists of a desirable, four-story brick building containing a total of sixteen (16) residential units. The Property features a unit mix consisting of fourteen (14) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units with 19,200 square feet of living area in 19,276 square feet of total gross area on a 0.38-acre corner parcel. The well-maintained Property also features an on-site laundry facility and 22 parking spaces. Each unit is separately metered for electricity, which the Tenants pay directly. The Property features electric heat (Tenant responsibility) and oil-fired hot water (Landlord responsibility). The Property features a new burner and hot water tank. 40 Rockland is situated in an incredible high-density, urban-infill residential neighborhood, the highly-walkable location is a short walk from the Malden Center Transit Station (0.4 Miles) with service on the Orange Line as well as Haverhill Line, Downtown Malden, Malden High School and area shops.
Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay

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Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $356,640
  • Lot Features Corner Lot
  • Mls StatusSold
  • Parcel Number 592168
  • Rent Includes Unit 1(Hot Water), Unit 2(Hot Water)

Location

  • Address40 Rockland
  • Building Number40
  • CountyMiddlesex
  • StateMA
  • StreetRockland
  • TownMalden
  • Zip02148

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 19,200
  • Lot Size Square Feet 16,552
  • Lot Size Units Acres
  • Square Feet19,200

Tax Information

  • Tax Assessed Value $3,250,200
  • Tax Year 2023
  • Taxes$43,005

Basic Information

  • List Price$5,000,000
  • MLS Number73060978
  • Modification Date03/20/2023
  • Property SubType5+ Family - 5+ Units Side by Side
  • Purchase Contract Date12/15/2022
  • Sale Date03/15/2023
  • Sale Price$4,900,000

Property

  • Acreage0.38

Utilities

  • Electric Individually Metered
  • Electric Expense 1601
  • Sewer Public Sewer
  • Water Source Public

Parking

  • Parking Features Off Street
  • Parking Spaces22

Rooms

  • Bathroom16
  • Bathrooms Total Decimal 16
  • Bedrooms30
  • Full Bath16

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationOther
  • Garage Spaces
  • Rooms62
  • Stories4
  • Year Built1963
  • Year Built Details Actual, Approximate
  • Year Built Source Public Records

Amenities

  • Appliances IncludedOil Water Heater

Other

  • Buyer Agency Compensation1.5
  • Date Listed11/28/2022
  • Farm Land Area Units Square Feet
  • View Count4
Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay

Listing Sold by Horvath & Tremblay

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 or leasing 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 or leasing. MLSPIN 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.

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