Skip To Content

    224 Main St

    Rowley, MA 01969
    • $1,649,000
    • STATUS: Active
    • MLS #: 72725072
    UPDATED: 124 min ago
    $1,649,000
    • 6
      BEDS
    • 1.38
      ACRES
    • 2
      BATHS
    • 3
      1/2 BATHS
    • 9,722
      SQFT
    • $170
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1805
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Douglas Danzey of Exp Realty.

    Description

    Investor / Developer Opportunity! Located in the Central Business District this home is mixed use and could possibly be developed into multiple residential units. Similar properties in Rowley have recently been developed into condos. The Commercial building is currently two commercial heated and air conditioned units but would need to have separate meters installed. The homes exterior was restored approximately ten years ago with Hardie Plank siding, an architectural shingled roof, wooden shutters and Jeld-Wen windows. The main residence has a beautifully updated kitchen with tiger maple cabinets and granite and the apartment kitchen also has custom cabinetry and granite. There are 8 fireplaces, high ceilings and good sized closets. The property consists of the the main residence, apartment & Commercial spaces totaling 9,090 square feet and a storage building sited on a corner 1.38 acre lot with great exposure. $10,900 rental income potential.

    Monthly Payment Calculator



    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-17T00:08:24.557.
    www.gillachgroup.com/homes/109936779
    Print Image

    224 Main St Rowley, MA 01969

    • Price: $1,649,000
    • Status: Active
    • Updated: 124 min ago
    • MLS #: 72725072
    6
    Beds
    2
    Baths
    3
    ½ Baths
    1.38
    Acres
    9,722
    SQFT
    $170
    $/SQFT
    1805
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Investor / Developer Opportunity! Located in the Central Business District this home is mixed use and could possibly be developed into multiple residential units. Similar properties in Rowley have recently been developed into condos. The Commercial building is currently two commercial heated and air conditioned units but would need to have separate meters installed. The homes exterior was restored approximately ten years ago with Hardie Plank siding, an architectural shingled roof, wooden shutters and Jeld-Wen windows. The main residence has a beautifully updated kitchen with tiger maple cabinets and granite and the apartment kitchen also has custom cabinetry and granite. There are 8 fireplaces, high ceilings and good sized closets. The property consists of the the main residence, apartment & Commercial spaces totaling 9,090 square feet and a storage building sited on a corner 1.38 acre lot with great exposure. $10,900 rental income potential.
    Exterior Features

    Beach Description OceanRiver Beach Ownership Public Beachfront Yes Color Gold Construction Frame Exterior Composite Exterior Features Porch - EnclosedStorage ShedBarn/Stable Foundation Poured ConcreteConcrete BlockGranite Lot Description CornerPaved Drive Parking Features Off-StreetPaved Driveway Parking Spaces 20 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeDishwasherRefrigeratorWasherDryer Appliances Unit2 RangeDishwasherRefrigeratorWasher HookupDryer Hookup Basement Yes Basement Features PartialDirt FloorUnfinished Basement Bedrooms Unit1 4 Bedrooms Unit2 2 Energy Features Insulated Windows Fireplaces 8 Fireplaces Unit1 8 Fireplaces Unit2 0 Flooring WoodTile Floors Unit1 1 Floors Unit2 1 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 1 Half Baths Unit2 1 Half Baths Unit3 1 Hot Water Natural Gas Interior Features Unit1 Security SystemFireplace - Wood BurningStone/Granite/Solid CountersUpgraded CabinetsWood FlooringBathroom With Tub & ShowerStone/Ceramic Tile Floor Interior Features Unit2 Wood FlooringOpen Floor Plan Levels 2 Levels Unit1 2 Levels Unit2 2 Levels Unit3 3 Levels Unit4 2 Rooms 21 Rooms Description Unit1 Living RoomDining RoomKitchenLaundryOffice/DenSunroom Rooms Description Unit2 KitchenLaundryLiving Rm/Dining Rm Combo Rooms Unit1 11 Rooms Unit2 5 Rooms Unit3 2 Rooms Unit4 3

    Property Features

    Apod Available No Assessments 873600.00 Disclosure Yes Disclosures The Current Owner Of The Property Would Like To Rent The Right Side Of The Commercial Space For $2500 A Month And The Apartment For $1800 A Month. Electric Features 200 Amps Exclusions Some Of The Antique Lighting Fixtures in The Home Are Excluded Gross Operating Income 130800 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 4 Family Net Operating Income 130800 Rent Unit1 3600 Rent Unit2 1800 Rent Unit3 3000 Rent Unit4 2500 Sewer Private Sewerage Short Sale Lender App Required No Sq Ft Disclosures 5942 Of The Living Area is The Commercial Space Sq Ft Source Public Record Tax Year 2020 Taxes 13000.00 Utility Connections For Gas RangeFor Electric DryerWasher Hookup Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Central

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Douglas Danzey of Exp Realty.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-17T00:08:24.557.
     
    https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_72725072_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_72725072_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_2_72725072_1.jpg
    Logo
    The Gillach Group | William Raveis Real Estate
    191 Grove Street
    Chestnut Hill MA, 02467
    Listing courtesy of Douglas Danzey of Exp Realty.