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Under Agreement · PendingListed 56 days ago

$699,900

39 School St, Rockland, MA 02370

4
beds
2
baths
2,251
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
7,640 sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1880
On the marketDays since the home was listed. New listings tend to move fastest.
56 days ago
Property type
Multi Family
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$311
ParkingSpaces that come with the home, as reported to the MLS.
6 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$7,633

What’s Special

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.

Listing courtesy of Jeff Parkhurst, Century 21 North East · MLS PIN #73573701

Facts & Features

Status
Under Agreement
Active status flag
Pending
Bedrooms
4
Bathrooms
2 full
Living area
2,251 sqft

Interior

14
  • Ceiling Fan(s)
  • Pantry
  • Lead Certification Available
  • Bathroom With Tub & Shower
  • Internet Available - Broadband
  • Floored Attic
  • Walk-Up Attic
  • Internet Available - DSL
  • Living Room

Exterior

1
  • Rain Gutters

Parking

5
  • Paved Drive
  • Off Street
  • Tandem
  • Assigned
  • Paved

Laundry

3
  • Washer & Dryer Hookup
  • Electric Dryer Hookup
  • Washer Hookup

Heating

4
  • Hot Water
  • Natural Gas
  • Individual
  • Unit Control

Appliances

5
  • Range
  • Dishwasher
  • Washer
  • Dryer
  • Refrigerator

MLS PIN #73573701 · Listed September 9, 2026

Location

39 School St, Rockland · All Rockland homes

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Call (857) 322-7325
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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, landlords 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, leasing or renting 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, leasing or renting. 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.