39 School St, Rockland MA 02370
Rockland, MA 02370
$699,900
Est. $4,375/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 9, 2026
$699,900
Original listing
Agent: Jeff Parkhurst
Office: Century 21 North East
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | 🏠 Listed for Sale | $699,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $7,633 | $560,600 |
Financial Details
Annual Property Tax
$7,633
Tax Year 2026
Assessed Value
$560,600
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1880
Living Area
2,251 sq ft
Lot Size
0.18 acres
Stories
3
Bedrooms
4
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
$1,850/mo · N
Unit 2 Rent
$1,525/mo · N
Total Monthly Rent
$3,375/mo
Gross Income
$43,325
Net Operating Income
$27,892
Operating Expenses
$15,433
Water/Sewer Expense
$2,286
Insurance Expense
$3,033
Cap Rate
3.99%
Interior
Heating
Hot Water, Natural Gas, Individual, Unit Control
Cooling
None
Flooring
Wood, Carpet, Varies, Hardwood, Tile
Appliances
Range, Dishwasher, Washer, Dryer, Refrigerator
Fireplace
None
Basement
Interior Entry, Bulkhead, Dirt Floor, Concrete, Unfinished
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
Exterior
Construction
Frame, Post & Beam
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Porch, Patio
Parking
Features
Paved Drive, Off Street, Tandem, Assigned, Paved
Total Spaces
6
Utilities
Electric
Circuit Breakers, 100 Amp Service, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$7,633
Assessed Value
$560,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
None
Seller Disclosures
All Information Provided Is Deemed Reliable But Not Guaranteed. Buyer And Buyers Agent Are Solely Responsible For Performing Their Own Due Diligence And Independently Verifying All Property Details, Dimensions, And Conditions. Seller And Listing Agent Assume No Liability For Errors Or Omissions.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Gray
Sq Ft Source
Appraiser
Documents
None
County
Plymouth
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
2
Living Area
2,251 sq ft
Total Rooms
10
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,251 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Patio
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Carpet, Varies, Hardwood, Tile
Appliances:
Range, Dishwasher, Washer, Dryer, Refrigerator
Interior 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
Windows:
Insulated Windows
Basement:
Interior Entry, Bulkhead, Dirt Floor, Concrete, Unfinished
Laundry:
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Frame, Post & Beam
Roof:
Shingle
Foundation:
Concrete Perimeter, Stone, Irregular
Stories:
3
Heating, Cooling & Utilities
Heating:
Hot Water, Natural Gas, Individual, Unit Control
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch, Patio
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Level
Road Frontage:
100.00 ft
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street, Tandem, Assigned, Paved
Nearby Schools
School District
Rockland School District local
C
Where Graduates Go
Class of 2021
55%
attend college
49%
4-Year
6%
2-Year
12%
Out of State
0%
Working
School Safety
2024-25
4.0%
Above Average
3.8%
Suspensions
0.7%
In-School
0.2%
Emergency
1.5% below state avg
Elementary Schools
3 schools
Calvary Chapel Academy
0.6 mi
Grades PK-12
St. Bridget School
1.5 mi
Grades K-08
B+
R. Stewart Esten Early Childhood Center
1.5 mi
|
#296 of 825
|
Score: 61.0
Same rank as last year
Limited historical data for year-over-year comparison
239 students
Diverse
Grades PK-K
Middle Schools
3 schools
B-
John W Rogers Middle School
0.3 mi
|
#189 of 352
|
Score: 41.3
Dropped 19 spots from last year
-16.9 below state avg
655 students
Diverse
Grades 05-08
A-
Hanover Middle School
1.9 mi
|
#83 of 352
|
Score: 51.3
Dropped 15 spots from last year
-6.9 below state avg
811 students
Less Diverse
Strong Attendance
Grades 05-08
C+
Abington Middle School
2.3 mi
|
#214 of 352
|
Score: 39.6
Dropped 37 spots from last year
-18.6 below state avg
693 students
Moderate
Grades 05-08
High Schools
3 schools
C+
Rockland Senior High School
0.2 mi
|
#211 of 346
|
Score: 51.3
Dropped 113 spots from last year
-6.9 below state avg
598 students
Diverse
16 sports
• 1,122 athletes
Strong AP Program
College Ready Curriculum
Strong Athletics
Grades 09-12
Lovell Academy
2.0 mi
Grades 08-12
A-
Hanover High School
2.2 mi
|
#75 of 346
|
Score: 63.7
Dropped 39 spots from last year
+5.5 above state avg
638 students
Less Diverse
19 sports
• 1,700 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$636
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
39 School St, Rockland MA 02370
Rockland, MA 02370
Listing Information
Listing Agent
Jeff Parkhurst
Listing Office
Century 21 North East
Office Phone
781-893-4220
Agent MLS ID
CT002891
Office MLS ID
AN4341
Listing Data Updated
Sep 9, 2026 1:21 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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