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For sale
  • $699,900

    39 School St, Rockland, MA 02370

    4beds
    2,251sqft
    : 
    $4,751/mo
    Get pre-qualified
    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
    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.
    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

        DateEventPrice
        9/9/2026Listed for sale$699,900+183.4%$311/sqft
        Source: MLS PIN #73573701 Report a problem
        12/2/2013Sold$247,000-3.1%$110/sqft
        Source: Public Record Report a problem
        9/20/2013Listed for sale$254,900+39.3%$113/sqft
        Source: Realty Choice, Inc. #71586213 Report a problem
        9/30/1999Sold$183,000$81/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 02370

        Getting around

        81 / 100
        Very Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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