Sold for $1,385,000

$1,385,000

35-37 Salem St, Rockland, MA 02370

14beds

4,233sqft

5+ Family - 5+ Units Up/Down

Built in 1900

-- sqft lot

$-- Zestimate^®

$327/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

Five spacious units

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)

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 5
Full bathrooms: 5

Appliances

Included: Washer, Dryer

Features

Laundry Room
Basement: Full
Has fireplace: No

Interior area

Total structure area: 4,233
Total interior livable area: 4,233 sqft
Finished area above ground: 4,233

Property

Parking

Total spaces: 20
Uncovered spaces: 20

Lot

Size: 0.98 Acres
Features: Other

Details

Parcel number: M:29 B:0 L:2,1155651
Zoning: RESIDE

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

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

Location

Region: Rockland

Financial & listing details

Price per square foot: $327/sqft
Tax assessed value: $1,221,600
Annual tax amount: $16,699
Date on market: 11/14/2025
Total actual rent: 9250

Price history

Date	Event	Price
3/20/2026	Sold	$1,385,000-1%$327/sqft
Source: MLS PIN #73436393 Report a problem
1/17/2026	Contingent	$1,399,000$330/sqft
Source: MLS PIN #73436393 Report a problem
9/26/2025	Listed for sale	$1,399,000+16.6%$330/sqft
Source: MLS PIN #73436393 Report a problem
9/18/2023	Sold	$1,200,000-4%$283/sqft
Source: MLS PIN #73099855 Report a problem
9/1/2023	Contingent	$1,250,000$295/sqft
Source: MLS PIN #73099855 Report a problem
8/14/2023	Listed for sale	$1,250,000$295/sqft
Source: MLS PIN #73099855 Report a problem
6/24/2023	Contingent	$1,250,000$295/sqft
Source: MLS PIN #73099855 Report a problem
6/20/2023	Price change	$1,250,000-6.6%$295/sqft
Source: MLS PIN #73099855 Report a problem
5/11/2023	Price change	$1,338,000-15.7%$316/sqft
Source: MLS PIN #73099855 Report a problem
4/18/2023	Listed for sale	$1,588,000$375/sqft
Source: MLS PIN #73099855 Report a problem