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You are here:
Home Massachusetts Rockport Multi-Family Homes for Sale

59-61 Main St Rockport, MA 01966

30 Days on Boston Pads
34 Photos
$1,975,000
5 Unit
3 Beds
4 Baths
2490 SQFT
0.05 Acre
59-61 Main St
Rockport, MA 01966

Property Description

Fully renovated commercial & residential multi-unit property perched directly above Front Beach, offering five turnkey, income-producing units with steps down to the water and stunning, unobstructed views of Sandy Bay and the Atlantic Ocean. A familiar street front presence in the village for nearly a century, the property is just steps from world-renowned Shalin-Liu Performance Center and the many galleries, shops, and restaurants of picturesque Main Street. The two street-facing commercial spaces are currently rented as art galleries, while the three residential units in the rear are rented YR/seasonally. A rare opportunity to own a mint condition property in the heart of Rockport that can be used as commercial/rental units or as in-town vacation getaway or year-round residence for extended family—any of which will let you realize the dream of waterfront living in one of the North Shore’s most desirable seaside communities. Includes two parking spaces. Located in Historic District.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 7
  • Total Bedrooms: 3
  • Total Full Baths: 4
  • Amenities: Conservation Area, Golf Course, House of Worship, Laundromat, Marina, Park, Public School, Public Transportation, Shopping, Stables, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Interior Access, Partial, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Loft
  • Common Interior Features: Bathroom with Shower Stall, Internet Available - Unknown, Programmable Thermostat, Slider, Stone/Granite/Solid Counters, Tile Floor, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer Hookup, Microwave, Range, Refrigerator, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Ductless Mini-Split System, Electric Baseboard, Gas, Hot Air Gravity, Hot Water Baseboard, Oil, Radiant
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 150000
  • Net Operating Income: 49200

Utilities

  • Heat Zones: 5
  • Electric Info: 200 Amps
  • Energy Features: Insulated Doors, Insulated Windows, Prog. Thermostat
  • Utility Connections: for Electric Dryer, for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Heat, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1850
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73224611
  • Last Updated: 04/20/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/20/2024Active$1,975,000$793MLSPIN
04/16/2024New$1,975,000$793MLSPIN

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Map & Resources

Seller's Representative: Amanda Armstrong Group, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-04-20 03:05:00