224 Main StreetRowley, MA 01969MLS Number 72725074

  • Price: $1,649,000
  • 241 Days on Market
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Federal 30-year interest rate: 2.96% last updated on May 6, 2021
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  • 1.38Acreage
  • 1805Year Built
  • 20Parking Spaces
  • 20Total Parking Spaces

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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 and commercial spaces totaling 9,090 square feet and a storage building sited on a corner 1.38 acre lot with great exposure. Rental Income Potential $10,000 a month.

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Parking Spaces20
  • Parking FeatureOpen, Paved Driveway, On Site
  • Total Parking Spaces20

Building

  • Year Built1805
  • ConstructionFrame
  • Wau Units1
  • No Units4
  • Rsu Units2
  • Reu Units2
  • No Buildings3
  • No Stories2
  • Entry OnlyNo
  • Assessed Value Bldg873600

Other

  • Modification Date2021-02-14T12:10:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureYes
  • DisclosuresResidential Building is Hardie Plank and the Barn's siding is wood.
  • Book15403
  • Listing AgreementExclusive Right to Sell
  • Waf Bldg Sf336
  • Rsf Bldg Sf3780
  • Ref Bldg Sf5942
  • ExclusionsSome of the Antique Lighting Fixtures in the home are Excluded
  • ExchangeNo
  • Page241
  • View Count17

Basic Information

  • MLS Number72725074
  • Prop TypeCI
  • Status Date2020-12-31T14:07:00
  • Date Listed09/11/2020
  • List Price$1,649,000
  • LeaseNo
  • DirectionRoute 133 E, slight left onto Bradford, right on Summer and left onto Main.
  • MLS StatusActive

Exterior

  • Roof MaterialAsphalt/Fiberglass Shingles

Utilities

  • UtilitiesPublic Water, Private Sewer, Natural Gas, 220 Volts

Photos

  • Photo Date2020-11-15T10:17:00
  • Number of Photos42

Location

  • StreetMain Street
  • TownRowley
  • StateMA
  • Zip01969
  • CountyEssex
  • LocationCentral Business District

Property

  • Acreage1.38
  • Net Operating Inc174200
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size60112
  • Assessed Value Land182900
  • Main LoAC0342

Rowley, MA Demographics

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Rowley, MA Real Estate Market Data

There is no data available

Rowley, MA Schools

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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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