About this home
Exceptional mixed-use investment opportunity in the heart of Rockland! This well-maintained property features 8 residential units (4 two-bedroom and 4 one-bedroom apartments) plus 2 fully leased commercial spaces, delivering strong, immediate cash flow. The property is 100% occupied with outstanding long-term tenants who take pride in their units and would love to remain. A well-established restaurant serves as the anchor commercial tenant, while the second commercial space is also leased, providing a stable and diversified income stream. Residential units feature granite countertops, stainless steel appliances, and high ceilings. Recent improvements include updated plumbing and electrical, a full sprinkler system, a 2-year-old permitted rubber roof, mini-splits in select units, and high-efficiency boilers. Located in the DRROD district with excellent future development potential (buyer to perform due diligence).
Listing last checked: Listing updated:
Listed by Andrea Aro · Benny's Realty Group · MLS #73549111
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Details at a glance
Interior3 property facts
- Rooms
- 21
- Flooring
- Wood, Tile
- Basement
- Yes · Full
Building4 property facts
- Style
- 5-9 Family
- Year built
- 1929
- Parking
- 6
- Foundation
- Concrete Perimeter
Land & utilities5 property facts
- Lot size
- 0.21 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- BUSINE
Financial2 property facts
- Annual taxes
- $29,793
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $2,699,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$16,130 / monthAdjust
- Principal & interest
- $13,648
- Property tax
- $2,483
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $29,793. 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 $2,847,774
Estimated range $2,400,576–$3,294,971.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: above average
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About 315-321 Union St
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