39 School St, Rockland, MA 02370
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
39 School St,Rockland, MA 02370
$699,900
- 4 Beds
- 2 Baths
- 2,251 sq. ft.
- Multi-family
- Active
Listed by: jeff parkhurst
Office: century 21 north east
MLS#:73573701
Source:MLSPIN
Price summary
- Price:$699,900
- Price per sq. ft.:$310.93
About this home
Welcome to 39 School Street, an exceptional multi-family opportunity perfectly positioned in the heart of Rockland! Whether you are searching for the ideal owner-occupied home where rental income helps pay your mortgage, or a rock-solid, turnkey addition to your investment portfolio, this property delivers on all fronts.The building features two spacious 2-bedroom, 1-bathroom units with a truly incredible track record: **100% occupancy for the last 12 years**. Both units are currently generating reliable income but are rented well below current market rates for the downtown area. With no long-term leases currently in place, the new owner has ultimate flexibility and immediate upside potential to adjust rents to market value or easily transition into one of the units.**Incredible Expansion Potential:** Looking to maximize your investment? Unit 2 offers a massive value-add opportunity with a walk-up third-floor attic just waiting to be finished. By completing this space, you can effortlessly expand Unit 2 into a sprawling two-level, 3-to-4-bedroom layout. This creates the ultimate owner-occupied sanctuary, giving you a massive multi-floor living space while the lower unit pays the bills.Location is everything, and this home offers an unbeatable lifestyle just a stone's throw from Rockland’s vibrant Main Street. You and your tenants will absolutely love the awesome downtown vibe, offering the convenience of leaving the car at home to take a very short stroll to local coffee shops, fantastic restaurants, and great shopping.Don't miss out on this fantastic opportunity to invest in a proven income-generator with massive untapped equity potential in one of Rockland's most walkable and desirable neighborhoods!Location is everything, and this home offers an unbeatable lifestyle just a stone's throw from Rockland’s vibrant Main Street....
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Home facts
- Year built:1880
- Listing ID #:73573701
- Updated:September 19, 2026 at 11:00 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Flooring:Carpet, Hardwood, Tile, Wood
- Bathrooms Description:Bathroom With Tub & Shower
- Kitchen Description:Dishwasher, Kitchen, Range, Refrigerator
- Basement Description:Bulkhead, Concrete, Dirt Floor, Interior Entry, Unfinished
- Living area:2,251 sq. ft.
Heating and cooling
- Heating:Hot Water, Individual, Natural Gas, Unit Control
Structure and exterior
- Roof:Shingle
- Year built:1880
- Building area:2,251 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Level
- Construction Materials:Frame, Post & Beam
- Exterior Features:Patio, Porch, Rain Gutters
- Foundation Description:Concrete Perimeter, Irregular, Stone
Schools
- High school:Rockland Senior High School
- Middle school:John W Rogers Middle School
- Elementary school:Jefferson Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,900
- Price per sq. ft.:$310.93
- Tax amount:$7,633 (2026)
Features and amenities
- Appliances:Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry features:Dryer, Electric Dryer Hookup, Washer, Washer & Dryer Hookup, Washer Hookup
- Amenities:Ceiling Fan(s), Internet Available - Broadband, Internet Available - DSL
Parking
- Total parking spaces:6
- Parking description:Assigned, Off Street, Paved, Paved Drive, Tandem
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