Active Under Contract
25 Days on market
39 School St Rockland — Photo 1 of 35

39 School St Rockland — Photo 1 of 35

$699,900

39 School St, Rockland, MA 02370

Rockland, MA 02370

Beds

4

Baths

2

SqFt

2,251

Style

Multi Family

Built

1880

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.

Key facts

It was listed on September 9, 2026. The annual property taxes are $7,633 (2026 tax year). It sits on a 0.18-acre (7,640 sq ft) lot.

No longer available to tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$311/sqft
Local Avg (Rockland)$374/sqft
17% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Rockland, MA.

Property Details

Financials

Original Price$699,900
Annual Taxes$7,633

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood, Carpet, Varies, Hardwood, Tile
BasementInterior Entry, Bulkhead, Dirt Floor, Concrete, Unfinished

Climate & Utilities

HeatingHot Water, Natural Gas, Individual, Unit Control
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Post & Beam
RoofShingle
FoundationConcrete Perimeter, Stone, Irregular
ZoningResidentia

Property & Lot

Acres0.18
SqFt Lot7,640
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Washer • Dryer • Refrigerator

Neighborhood

Public Transportation • Shopping • Laundromat • Public School

Geography

Questions about this home

When was 39 School St, Rockland listed?

39 School St, Rockland was listed on September 9, 2026.

Has the price of 39 School St, Rockland changed?

The price hasn't changed since it was listed at $699,900.

What are the property taxes for 39 School St, Rockland?

The annual property taxes for 39 School St, Rockland are $7,633 (2026 tax year).

How big is the lot at 39 School St, Rockland?

39 School St, Rockland sits on a 0.18-acre (7,640 sq ft) lot.

What is the status of 39 School St, Rockland?

39 School St, Rockland is under contract, and the MLS still lists it as active.

Population

17,701

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$112K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

23.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Plymouth County

1,093 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 176 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Jeff Parkhurst

Listing Office: Century 21 North East

MLS® Number: 73573701