55 Rock Ave
$1,800,000
18
Beds
6
Baths
7,785
Sqft
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$1,800,000
18
Beds
6
Baths
7,785
Living Area
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Property Description
Attention investors! First time on the market in almost 20 years! A substantial investment has been made to replace all six gas-fired heating systems, hot water tanks and common area upgrades in this well-maintained six-unit apartment building. Each oversized three-bedroom unit has separate utilities, and the property offers off-street parking and an established rent roll. Three units have recently undergone extensive renovations, including new bathrooms, refinished hardwood floors, fresh paint, and additional updates. All units have Letters of Deleading Compliance. Professionally maintained with significant recent improvements, this income-producing property offers a desirable unit mix and potential for future rental growth.
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Highlights
- Heating: Forced Air, Natural Gas
- Parking Spots: 4
- Property Type: 5-9 Family
- Total Rooms: 30
- Status: Active
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Corner Lot
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Unfinished
- Flooring: Hardwood
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Laundromat, Private School, Public School, Sidewalks
- Waterfront Features: Beach Access, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,254,900
- Taxes: $12,925
- Tax Year: 2026
- Total Rent: $17,350
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Clements Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.