231-233 Vernon St
Property Description
OPEN HOUSE: Saturday, October 31, 2026, from 11:00 AM to 2:00 PM. No private showing...Excellent investment opportunity! Rare three-family property located in the heart of Rockland Center, offering immediate rental income. **All three units are currently occupied and rented through November 30, 2027**, generating a total of **$5,950 per month ($71,400 annually)**.Unit #1 features 1 bedroom and 1 bathroom, rented for $1,650/month. Unit #2 offers 1 bedroom and 1 bathroom, rented for $1,850/month. Unit #3 is a spacious 2-bedroom, 1-bathroom unit, rented for $2,450/month, featuring stainless steel appliances, an updated kitchen, and a deck completed approximately 6 years ago.The property offers **8 off-street parking spaces**, basement washer and dryer access, and separately metered gas and electricity for each unit. Major improvements include a roof replaced in 2019, a Burnham boiler replaced in 2010, and three water heaters, two less than 2 years old and the third approximately 8 years old.Conveniently located near shopping, restaurants, local Park & Ride, walking and biking trails, public transportation, and Route 3, while maintaining a quiet neighborhood setting. A great opportunity for investors seeking an income-producing multifamily property in a desirable Rockland location.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $849,000 |
| No. of Units: | 3 |
| Year Built: | 1930 |
| Lot Size: | 1,938.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $283,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-MLSPIN-73596131
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