Two-Unit Residential Income
375-379 Webster Street Rockland, MA 02370
For Sale
$755,000
MULTI_FAMILY - Rockland, MA
Property Size2,965 SF
Lot Size0.51 Acres
Price / SF$254.64
Days on Market102
Property Features for 375-379 Webster Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res2
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2
- Parking
- 6
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,965 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9441
Building Details
- Year built
- 1880
- Floors in Building
- 3
- Number of units
- 2
Listing Agency:
Keller Williams Realty
(508) 238-5000
Listed By:
Scott Morris
(508) 238-5000
Added: Apr 15
Changed: Jul 25
Last Checked: Jul 25 at 4:06AM
MLS# 73501651
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family residential income property includes two distinct units within one combined building: a late 1700s farmhouse Colonial at 379 Webster and a townhouse-style unit at 375 Webster built circa the 1990s. The layout includes features such as wide pine floors and beamed ceilings in the historic portion, with an updated kitchen that includes a pantry. The rear family room opens to a three-season sunroom overlooking the backyard. The townhouse unit includes a 2-bedroom, 1-bath arrangement with hardwood floors, a large wooden deck, and basement access, along with attic storage.
The property sits on a half-acre lot and provides parking for 6 cars. It is described as being just minutes to Route 3 and downtown Rockland. Zoning is listed as Res2.
The combined property size is approximately 2,965 sq. ft. The flexible layout is noted as potentially supporting up to 4 beds and 2 baths, and the site is referenced as having ADU potential.
The property sits on a half-acre lot and provides parking for 6 cars. It is described as being just minutes to Route 3 and downtown Rockland. Zoning is listed as Res2.
The combined property size is approximately 2,965 sq. ft. The flexible layout is noted as potentially supporting up to 4 beds and 2 baths, and the site is referenced as having ADU potential.
Key Highlights
- Two‑family property on a half‑acre lot combining a 1700s farmhouse Colonial and a circa 1990s townhouse for a total of 2,965 sq. ft.
- 379 Webster: updated kitchen with pantry, wide pine floors, beamed ceilings, plus a spacious rear family room and three‑season sunroom overlooking the backyard.
- 379 Webster flexible layout with potential for up to 4 beds and 2 baths.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $25.50 |
| − Vacancy | −$4.0k | −$1.36 |
| EGI | $71.6k | $24.14 |
| − OpEx | −$21.5k | −$7.24 |
| NOI | $50.1k | $16.90 |
2,965 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$715.9K
$626.4K – $835.2K
NOI $50,110 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$659.8K
$577.3K – $769.7K
NOI $46,183 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $122,869 @ 7.0% cap · market cap 16.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family building offers approximately 2,965 sq. ft. across a historic farmhouse and a 1990s townhouse configuration.
Where is this duplex located?
The property is located at 375-379 Webster Street Rockland, MA.
What is the asking price?
The asking price for this property is $755,000.
What are key features of this property?
This property features: Two‑family property on a half‑acre lot combining a 1700s farmhouse Colonial and a circa 1990s townhouse for a total of 2,965 sq. ft.; 379 Webster: updated kitchen with pantry, wide pine floors, beamed ceilings, plus a spacious rear family room and three‑season sunroom overlooking the backyard.; 379 Webster flexible layout with potential for up to 4 beds and 2 baths.
