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Kathleen Sposato

soldwithsposato@gmail.com +1(508) 523-8632

$699,900

Est. payment - /mo

4 Beds

2 Baths

2,251 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,251 sqft

Price per Sqft $310

MLS Listing ID 73573701

Bedrooms 4

Full Baths 2

Year Built 1880

Annual Tax Amount $7,633

Tax Year 2026

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Multi Family

Property 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.

Location

State MA

County Plymouth

Zoning Residentia

Direction USE GPS

Rooms

Basement Interior Entry, Bulkhead, Dirt Floor, Concrete, Unfinished

Interior

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

Heating Hot Water, Natural Gas, Individual, Unit Control

Flooring Wood, Carpet, Varies, Hardwood, Tile

Appliance Range, Dishwasher, Washer, Dryer, Refrigerator

Laundry Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Fence Fenced/Enclosed, Fenced

Community Features Public Transportation, Shopping, Laundromat, Public School

Utilities Available for Gas Range, for Electric Dryer, Washer Hookup

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter, Stone, Irregular

Sewer Public Sewer

Water Public

Schools

Elementary Schools Jefferson Elementary School

Middle Schools John W Rogers Middle School

High Schools Rockland Senior High School

Others

Senior Community false

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Listed by Century 21 North East

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Kathleen Sposato

+1(508) 523-8632

Broker License ID: 9084437

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39 School St Rockland, MA 02370

Kathleen Sposato

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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39 School St