3 Family - 3 Units Up/Down at 231-233 Vernon St, Rockland MA 02370
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$849,000

231-233 Vernon St, Rockland MA 02370
Rockland, MA 02370
Listed by Mina Shenouda
Bedrooms
4
Bathrooms
3
Living area
1,938 sqft
Year built
1930

About this home

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.

Property details

MLS
MLS Property Information Network
MLS #
73596131
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 28, 2026
Stories
2
Total bathrooms
3
Garage spaces
N/A
Parking spaces
8
Lot size
0.14 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Jefferson Elementary School
0.36 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
227
Student:teacher ratio
9.9:1
District
Rockland
Middle
John W Rogers Middle
0.62 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
732
Student:teacher ratio
14.6:1
District
Rockland
High
Rockland Senior High
0.59 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
600
Student:teacher ratio
12.2:1
District
Rockland

Walkability

Blended score for Rockland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

70
Walkable
out of 100
EPA National Walkability Index
12.0 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores1
Parks5
Schools12
Transit stops3
Pharmacies2

Market position

How this listing compares to current activity in Rockland, from live MLS data.

On the market 1 days -- 67 fewer days than Rockland's current average of 68 days.
For reference, the median list price across 120 active listings in Rockland right now is $454,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,263/mo
$169,800 down
$679,200 loan
Principal & interest$4,405
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 24 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.