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1 Main Street
Rockport, Massachusetts MA 01966-1511
Sold For: $1,950,000
Listing ID 72848475 Status Closed 9/15/2021 Sold Date 5 Bedrooms 4 Full Baths 2 Partial Baths 4,195 SqFt 0.100 Acres

Property Description:

Perfectly situated to enjoy the spectacular ocean and in-town views! Outstanding property on the dramatic, rugged Atlantic coast. Located in one of North America’s premier destinations for arts, entertainment and recreation. Well maintained, beautifully updated 5-unit building, with 3-residential and 2-commercial storefront units. The building has a solid impressive financial history, top notch mechanical heating and air conditioning systems, and 6 off-street parking spaces. Spacious townhouse style “Owners Penthouse” with open kitchen, family room, office, three bedrooms, two full baths and multiple decks overlooking Old Harbor. Two garden style one bedroom, one bathroom units. Inviting and attractive spaces with lovely windows and plenty of natural light. Residential units will remain furnished. Fabulous detail and materials throughout. Steps to the internationally acclaimed Shalin Liu Performance Center and Rockport Art Association. Moments to the commuter rail, and Rt. 128.

Primary Features

Half Baths: 2
County: Essex
Property Sub Type: 5+ Family - 5+ Units Up/Down
Property Type: Residential Income
Year Built: 1780

Interior

Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer / Dryer Combo), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer / Dryer Combo), Unit 3(Wall Oven,Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Washer,Dryer,Refrigerator - Wine Storage), Unit 4(None), Electric Water Heater,Propane Water Heater,Tank Water Heater,Tankless Water Heater, Utility Connections Varies per Unit
Basement: Partial, Walk-Out Access, Concrete, Unfinished
Bathrooms Total Decimal: 5
Building Area Units: Square Feet
Cooling: 1
Cooling Type: Unit 1(Ductless Mini-Split System), Unit 2(Ductless Mini-Split System), Unit 3(Ductless Mini-Split System), Unit 4(Ductless Mini-Split System)
Cooling Units: 5
Cooling Zones: 5
Fireplace: 1
Fireplace Features: Unit 3(Fireplace - Propane Gas)
Fireplaces Total: 1
Flooring: Tile,Marble,Hardwood,Stone / Slate, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
Heat Units: 5
Heating: 1
Heating Type: Unit 1(Propane,Radiant), Unit 2(Hot Water Baseboard,Propane), Unit 3(Hot Water Baseboard,Propane), Unit 4(Heat Pump)
Interior Features: Unit 1(Bathroom with Shower Stall,Internet Available - Unknown), Unit 2(Stone/Granite/Solid Counters,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 3(Pantry,Cathedral/Vaulted Ceilings,Stone/Granite/Solid Counters,Upgraded Cabinets,Bathroom With Tub & Shower,Slider,Internet Available - Unknown), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 4 Rooms(Other (See Remarks))
Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room
Living Area: 4195
Heat Zones: 5
Rooms Total: 14
Stories Total: 7

External

Construction Materials: Frame
Door Features: Insulated Doors, Storm Door(s)
Electric: 200+ Amp Service, Individually Metered
Exterior Features: Rain Gutters, Stone Wall, Unit 3 Balcony/Deck
Farm Land Area Units: Square Feet
Foundation Area: 1000
Foundation Details: Granite, Slab, Irregular
Frontage Length: 48.00
Lot Features: Easements, Level
Lot Size Area: 0.1
Lot Size Square Feet: 4332
Lot Size Units: Acres
Number Of Units Total: 5
Open Parking: 1
Parking Features: Off Street, Assigned, Deeded, Stone/Gravel, Paved
Parking Total: 6
Patio And Porch Features: Deck - Roof, Deck - Composite
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Shingle, Rubber
Sewer: Public Sewer
Utilities: Varies per Unit
Water Source: Public
Window Features: Insulated Windows, Screens

Location

Building Area Source: Measured
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Marina, Private School, Public School, T-Station, Sidewalks
Country: US
Directions: Rt. 127 to Broadway left onto Main Street.
Elementary School: Rockport
High School: Rockport
Middle Or Junior School: Rockport
MLS Area Major: Bearskin Neck
View: 1
View Type: City View(s), Scenic View(s), City
Waterfront Features: Beach Front, Beach Access, Harbor, Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Zoning: GD

Additional

Color: Natural
FLRS 2: 2
FLRS 3: 2
FLRS 4: 1
GRE: 53904
Green Energy Efficient: Varies per Unit
Lead Paint: Unknown
Levels 1: 1
Levels 2: 1
Levels 3: 2
Levels 4: 1
Listing Alert: No
Mls Status: Sold
FLRS 1: 1
Offline List Number: 3259167
Page: 38
RFS: 92
RME: 3607
SqFt Disclosures: Garden Apartment is at Street level. Includes 2 commercial units.
Team Member: C8002943
Year Built Details: Approximate,Renovated Since
Year Built Source: Public Records
Year Round: Yes

Financial

Buyer Agency Compensation: 2.0%
Compensation Based On: Gross/Full Sale Price
Contingency: Financing
Current Financing: Cash
Disclosure: Y
Disclosures: Dimensions Are Approximate. See Escrow-Email-Text Notification.
Down Payment Resource: No
Exclusions: See Listing Agent For Exclusions.
Financial Data Source: Owner
Gross Income: 111059
Insurance Expense: 9843
Lease 1: N
Lease 2: N
Lease 3: N
Lease 4: Y
List Price Per SqFt: 475.57
Net Operating Income: 57154
Operating Expense: 53904
Price Per SqFt: 464.84
Rent Includes: Unit 3(Other (See Remarks)), Unit 4(Other (See Remarks))
Sub Agency Offered: No
Tax Annual Amount: 8254
Tax Assessed Value: 847400
Tax Book Number: 24987
Tax Year: 2021
Total Actual Rent: 9254
Transaction Broker Compensation: 0.0%
Water Sewer Expense: 2692

Zoning Info


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