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.
Listing last checked: Listing updated:
Listed by Mina Shenouda · Keller Williams South Watuppa · MLS #73596131
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Details at a glance
Interior3 property facts
- Rooms
- 13
- Flooring
- Hardwood
- Basement
- Yes · Full, Unfinished
Building4 property facts
- Style
- 3 Family - 3 Units Up/Down
- Year built
- 1930
- Parking
- 8
- Foundation
- Stone
Land & utilities5 property facts
- Lot size
- 0.14 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- RESIDE
Financial2 property facts
- Annual taxes
- $8,605
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $849,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,010 / monthAdjust
- Principal & interest
- $4,293
- Property tax
- $717
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $8,605. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $850,000
Estimated range $755,000–$890,000.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 231-233 Vernon St
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