$699,900
 $3,757 est/mo Sourced by Back At You

39 School St,Rockland, MA 02370

Rockland, MA 02370

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Description

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.

Details

MLS #73573701
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1880
Days On Site20
Listing Provided ByCentury 21 North East | Jeff Parkhurst

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,251
BasementY
Story(s)3
Units2
ZoningResidentia
Acreage0.18

Interior

Rooms Total10
Heating Yes / NoYes
HeatingHot Water, Natural Gas, Individual, Unit Control
Interior FeaturesCeiling Fan(s), Pantry, Lead Certification Available, Bathroom With Tub & Shower, Internet Available - Broadband, Floored Attic, Walk-Up Attic, Internet Available - DSL, Living Room, Kitchen, Family Room, Laundry Room, Mudroom, Office/Den
Window FeaturesInsulated Windows
AppliancesRange, Dishwasher, Washer, Dryer, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Carpet, Varies, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters
RoofShingle
Construction MaterialsFrame, Post & Beam
Foundation DetailsConcrete Perimeter, Stone, Irregular
Lot FeaturesLevel
FencingFenced/Enclosed, Fenced

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street, Tandem, Assigned, Paved
Open Parking Yes / NoYes

Utilities

Utilitiesfor Gas Range, for Electric Dryer, Washer Hookup
SewerPublic Sewer
ElectricCircuit Breakers, 100 Amp Service, Individually Metered

Taxes

Tax Annual Amount7633
Tax Assessed Value560600
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Laundromat, Public School
Senior Community Yes / NoNo

Area Information

StateMA
CountyPlymouth
CityRockland
Zip Code02370
AreaPlymouth
School DistrictRockland Senior High School
Elementary SchoolJefferson Elementary School
High SchoolRockland Senior High School
Listing VS Median (in 02370)
Price:
$699,900
low | high
Med:
$485,000
80.704386340906% of Average
sqft:
2,251
low | high
Med:
1,191
97.090182141271% of Average
$ / sqft:
$311
low | high
Med:
$440
8.352965205478% of Average
On site:
20
low | high
Med:
90
22.222222222222% of Average
Sourced by Back At You

Market Activity 02370

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Learn More About This Property

StateMA
CountyPlymouth
CityRockland
Zip Code02370
AreaPlymouth
School DistrictRockland Senior High School
Elementary SchoolJefferson Elementary School
High SchoolRockland Senior High School
Listing VS Median (in 02370)
Price:
$699,900
low | high
Med:
$485,000
80.704386340906% of Average
sqft:
2,251
low | high
Med:
1,191
97.090182141271% of Average
$ / sqft:
$311
low | high
Med:
$440
8.352965205478% of Average
On site:
20
low | high
Med:
90
22.222222222222% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $524K - $874K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
12 Linden St Property Photo 1
$499,000
12 Linden St
Rockland, MA 02370
50 Linden Park Property Photo 1
$749,900
50 Linden Park
Rockland, MA 02370
Listing Updated: September 29, 2026 at 7:36:00 AM PDT