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Multifamily Property with Detached Studio
For Sale
$1,625,000

4 South Street, Rockport, MA 01966

Two condominium units and a detached studio provide adaptable living and occupancy arrangements.

Property Size2,359 SF
Price / SF$688.85
Days on Market13

Property Features for 4 South Street

General Information

Standard status Active
Size 2,359 SF
Property subtype Multi-family

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/2BA, 1 x studio
Multifamily Units 3

Amenities

outdoor shower
patios
private deck
separate entrance
fireplaces
mature landscaping
dedicated parking

Building Details

Year Built 1700
Buildings 2
Listing Agency: J. Barrett & Company
Listed By: Theresa Scatterday
Source: Jbarrettrealty
Added: Sep 14 Changed: Sep 24 Last Checked: Sep 24 at 10:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J. Barrett & Company

Investment Insights

Based on property information with market context.

Located at 4 South Street in Rockport, this multifamily property combines two legal condominium units with a separate detached studio. The first-floor residence includes 3 bedrooms, 2 bathrooms, an updated kitchen, renovated baths, hardwood floors, two fireplaces, newer windows, an outdoor shower, and patio areas within mature landscaping. The second-floor unit offers 2 bedrooms, 2 bathrooms, its own entrance, a fireplace, hardwood floors, dedicated parking, and a private deck.

The detached studio was built in 2023 and adds a third legal living space. The property dates to 1700 and is a short distance from downtown and the Old Garden Beach area. The building provides distinct spaces for multigenerational use, owner occupancy, or separate residential arrangements.

Key Highlights

  • Three separate legal living spaces: two condominium units plus a detached studio
  • First‑floor unit includes 3 bedrooms, 2 bathrooms, two fireplaces, patios, and an outdoor shower
  • Second‑floor unit offers 2 bedrooms, 2 bathrooms, a separate entrance, dedicated parking, and a private deck

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Parking Lot & Garage Auto Repair Shop Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 01966, MA

6,992
Population
4,232
Households
1.7
Avg Household Size
57
Median Age
57%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
999
Density / Sq Mi
$93,227
Median Household Income
$42,443
Median Earnings
$1,827
Median Rent
$692,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two condominium units and a detached studio provide adaptable living and occupancy arrangements.
Where is this multifamily property located?
The property is located at 4 South Street Rockport, MA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Three separate legal living spaces: two condominium units plus a detached studio; First‑floor unit includes 3 bedrooms, 2 bathrooms, two fireplaces, patios, and an outdoor shower; Second‑floor unit offers 2 bedrooms, 2 bathrooms, a separate entrance, dedicated parking, and a private deck
More about this property
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