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.
For sale
$699,900
39 School St, Rockland, MA 02370
4beds
2,251sqft
Multi Family
Built in 1880
-- sqft lot
$690,300 Zestimate®
$311/sqft
$-- HOA
What's special
Walk-up third-floor atticMassive multi-floor living space
- 2 days
- 222
- 11
Zillow last checked:
Listing updated:
Listed by:
Jeff Parkhurst 508-221-9456,
Century 21 North East 781-893-4220
Source: MLS PIN,MLS#: 73573701
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Natural Gas, Individual, Unit Control
Appliances
- Included: Range, Dishwasher, Washer, Dryer, Refrigerator
- Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
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
- Flooring: Wood, Carpet, Varies, Hardwood, Tile
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Interior Entry,Bulkhead,Dirt Floor,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,251
- Total interior livable area: 2,251 sqft
- Finished area above ground: 2,251
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Tandem, Assigned, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Porch, Patio
- Exterior features: Rain Gutters
- Fencing: Fenced/Enclosed,Fenced
- Frontage length: 100.00
Lot
- Size: 7,640 Square Feet
- Features: Level
Details
- Parcel number: 1157530
- Zoning: Residentia
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Post & Beam
- Foundation: Concrete Perimeter, Stone, Irregular
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Laundromat, Public School
Location
- Region: Rockland
Financial & listing details
- Price per square foot: $311/sqft
- Tax assessed value: $560,600
- Annual tax amount: $7,633
- Date on market: 9/9/2026
- Total actual rent: 3500
Estimated market value
$690,300
$656,000 - $725,000
$3,009/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $699,900+183.4%$311/sqft |
Source: MLS PIN #73573701 Report a problem | ||
| 12/2/2013 | Sold | $247,000-3.1%$110/sqft |
Source: Public Record Report a problem | ||
| 9/20/2013 | Listed for sale | $254,900+39.3%$113/sqft |
Source: Realty Choice, Inc. #71586213 Report a problem | ||
| 9/30/1999 | Sold | $183,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,663 +3% | $560,600 +6% |
| 2024 | $7,438 +2.7% | $529,000 +11.1% |
| 2023 | $7,245 +4.4% | $476,000 +14.9% |
| 2022 | $6,938 +9.5% | $414,200 +13% |
| 2021 | $6,335 +3.6% | $366,600 +5% |
| 2020 | $6,113 +6.5% | $349,300 +9.1% |
| 2019 | $5,740 +5.3% | $320,300 +7.1% |
| 2018 | $5,450 +6.3% | $299,100 +7.9% |
| 2017 | $5,125 +3.9% | $277,300 +3.9% |
| 2016 | $4,933 +7.2% | $266,800 +10.4% |
| 2015 | $4,600 +10.2% | $241,700 +6.1% |
| 2014 | $4,176 +2.5% | $227,700 -1.7% |
| 2013 | $4,073 +6.6% | $231,700 -4.1% |
| 2012 | $3,820 -1% | $241,600 -6.9% |
| 2011 | $3,857 +8.8% | $259,400 +5.3% |
| 2010 | $3,546 +15.6% | $246,400 -14% |
| 2009 | $3,067 -3.2% | $286,600 -5% |
| 2008 | $3,167 +0.5% | $301,600 -6.4% |
| 2007 | $3,150 +0.6% | $322,100 |
| 2006 | $3,131 +2.1% | $322,100 +20.4% |
| 2005 | $3,068 +4.3% | $267,500 +20.9% |
| 2004 | $2,941 +1.9% | $221,300 |
| 2003 | $2,886 +7.8% | $221,300 +47.4% |
| 2002 | $2,678 +11.9% | $150,100 +11.4% |
| 1999 | $2,394 | $134,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02370
Nearby schools
Schools provided by the listing agent
- Elementary: Jefferson Elementary School
- Middle: John W Rogers Middle School
- High: Rockland Senior High School
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






