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.
| MLS # | 73573701 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1880 |
| Days On Site | 20 |
| Listing Provided By | Century 21 North East | Jeff Parkhurst |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,251 |
| Basement | Y |
| Story(s) | 3 |
| Units | 2 |
| Zoning | Residentia |
| Acreage | 0.18 |
| Rooms Total | 10 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water, Natural Gas, Individual, Unit Control |
| Interior Features | Ceiling 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 Features | Insulated Windows |
| Appliances | Range, Dishwasher, Washer, Dryer, Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Carpet, Varies, Hardwood, Tile |
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Shingle |
| Construction Materials | Frame, Post & Beam |
| Foundation Details | Concrete Perimeter, Stone, Irregular |
| Lot Features | Level |
| Fencing | Fenced/Enclosed, Fenced |
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street, Tandem, Assigned, Paved |
| Open Parking Yes / No | Yes |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers, 100 Amp Service, Individually Metered |
| Tax Annual Amount | 7633 |
|---|---|
| Tax Assessed Value | 560600 |
| Tax Year | 2026 |
| Community Features | Public Transportation, Shopping, Laundromat, Public School |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Plymouth |
| City | Rockland |
| Zip Code | 02370 |
| Area | Plymouth |
| School District | Rockland Senior High School |
| Elementary School | Jefferson Elementary School |
| High School | Rockland Senior High School |
| Listing VS Median (in 02370) | |
Price: $699,900 low | high Med: $485,000 sqft: 2,251 low | high Med: 1,191 $ / sqft: $311 low | high Med: $440 On site: 20 low | high Med: 90 | |
| State | MA |
|---|---|
| County | Plymouth |
| City | Rockland |
| Zip Code | 02370 |
| Area | Plymouth |
| School District | Rockland Senior High School |
| Elementary School | Jefferson Elementary School |
| High School | Rockland Senior High School |
| Listing VS Median (in 02370) | |
Price: $699,900 low | high Med: $485,000 sqft: 2,251 low | high Med: 1,191 $ / sqft: $311 low | high Med: $440 On site: 20 low | high Med: 90 | |
![]() | $499,00012 Linden StRockland, MA 02370 |
![]() | $749,90050 Linden ParkRockland, MA 02370 |