Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

39 School St, Rockland MA 02370

$699,900

Estimated $1,771/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,950

Total Rent: 40500/year

Estimated CAP Rate:

4 Bedrooms

Baths

2251

Total Parking: 6

7,640 (0.18)

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.

This home has been viewed 4 times

Last Checked: September 25th, 2026 at 9:33am (Source: MLS PIN #73573701)

Gross Income: $40,500

Gross Expenses: $14,486

Net Income Calc: $26,014

Water Views

Annual Expenses for 39 School St, Rockland MA 02370

Total Gross Expenses (Calculated)$14,486/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7633

Annual Income & Unit Breakdown for 39 School St, Rockland MA 02370

Total Gross Income (Calculated)$40,500

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 39 School St, Rockland MA 02370

Listing ID73573701

Property TypeMulti Family

Price699900 ($310.93/SqFt)

StyleMulti Family

CityRockland

CountyPlymouth

Neighborhood(s)

Approximate Living Area Total2251

Approximate Lot Size (Acres)0.18

Total Parking6

Garage Parking0

Year Built1880

Year Built SourceAppraiser

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningResidentia

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 39 School St, Rockland MA 02370

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceAppraiser

ExclusionsPersonal Belongings.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 39 School St, Rockland MA 02370

Real Estate Taxes7633

Tax Year2026

Assessed Value$560,600

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 39 School St, Rockland MA 02370

Elementary SchoolJefferson Elementary School

Middle SchoolJohn W Rogers Middle School

High SchoolRockland Senior High School

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 39 School St, Rockland MA 02370

Agent

Name: Jeff Parkhurst

Office

Name: Century 21 North East

Phone: 781-893-4220

Payment Calculator

, Interest

Property Taxes 636.08

Principal & Interest 4312.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Jeff Parkhurst

Agent Phone

Office Phone

(781) 893-4220

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.18 acres (7,640 SqFt)
    [add_date] => 2026-09-16 05:53:41
    [address] => School St
    [agent] => Array
        (
            [address] => 1 Monisa Kay Drive
            [city] => Plymouth
            [id] => CT002891
            [name] => Jeff Parkhurst
            [national_association] => 449548255
            [office] => AN4341
            [state] => MA
            [zip] => 02360
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 2251
    [approx_lot_size_acres] => 0.18
    [approx_lot_size_sqft] => 7640
    [assessed_value] => $560,600
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 4
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Appraiser
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Rockland
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Plymouth
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 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.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => Jefferson Elementary School
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Personal Belongings.
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
            [0] => Estimated
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 100.00
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => Rockland Senior High School
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-09-25 09:33:34
    [laundry_features] => Array
        (
            [0] => Archway
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 3
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => John W Rogers Middle School
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73573701
    [neighborhoods] => 
    [net_income_calc] => 26014
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN4341
            [name] => Century 21 North East
            [phone] => 781-893-4220
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
            [0] => Covered
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 699900
    [price_per_sqft] => 310.93
    [price_per_unit] => 349950
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => 7633
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 10
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 39
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 1
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2026
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 14486
    [total_gross_income] => 40500
    [total_parking] => 6
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
            [0] => No
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 39 School St, Rockland MA 02370
    [utilities] => Array
        (
            [0] => 110 Volts
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

32 More Photos