Multi-Family for Sale: 67-71 John A Dunn Memorial Drive, Rockland, MA 02370

24 beds
12 full baths
10,892 sqft
$2,950,000
$2,950,000
67-71 John A Dunn Memorial Drive, Rockland, MA 02370
24 beds
12 full baths
10,892 sqft
$2,950,000
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Price:
$2,950,000
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Type Multi-Family
Beds 24
Total Baths 12 full baths
Square Feet 10,892 sqft
Lot Size 0.56 acres
Year Built 1970
City Rockland
County Plymouth
MLS 73282717
Status Pending
DOM 82 days
The 67-71 John A Dunn Memorial Drive apartment complex is a 12-unit property comprised of (2) six-unit properties which are side-by-side. The property offers a very attractive unit mix, consisting of 100% two-bed, one-bath units. Also onsite is common laundry and ample surface-level parking, and all separate utilities except water and sewer. There is a value-add opportunity at the property to mark all rents to market level, as they are currently $400 below market. All 12 units have been recently renovated, including new stainless appliances, quartz countertops, backsplash tiles, vinyl flooring, white cabinets, and bathroom fixtures. An energy audit was performed in 2023 as well to identify any ways to optimize operating expenses. In-place cap rate is over 6%, pro forma cap rate is over 8%.

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $27,743
Water Public
Foundation Concrete Perimeter, Slab
Roof Shingle
Full Baths 12
Parking Off Street, Paved Drive
Total Rooms 99
Garage Spaces 0
Waterfront Stream

Price History of 67-71 John A Dunn Memorial Drive

Date Name Price Difference
08/28/2024 Listing Price $2,950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 67-71 John A Dunn Memorial Drive, Rockland, MA

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Photo of Cheryl Brown
Direct: 603-929-1100
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Berkadia Real Estate Advisors LLC, Nicholaus Jasinski
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67-71 John A Dunn Memorial Drive (MLS #73282717) is a multi-family listing located in Rockland, MA. This multi-family listing is 10,892 sqft and on a lot of 24,394 sqft (or 0.56 acres) with 24 bedrooms, 12 baths and is 54 years old. This property was listed on 08/28/2024 and has been priced for sale at $2,950,000.

Nearby zip codes are 02339, 02341, 02351, 02382 and 02717. This property neighbors other cities such as Abington, Freetown, Hanover, Hanson and Whitman.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkadia Real Estate Advisors LLC

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