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 i
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.
Whether you’re in the market to buy a new home or if you’re looking to find an expert realtor to help you list
Whether you’re in the market to buy a new home or if you’re looking to find an expert realtor to help you list your home, the Century 21 North East office in Waltham, Massachusetts is here to help. While other real estate companies and agents focus on simply facilitating a transaction, the team of real estate professionals in our office believe in the value of delivering extraordinary experiences from the day you start your search to the closing date. Our team brings a commitment to helping you make informed decisions by capitalizing on current market opportunities and trends.
Purchasing or leasing a new home is one of the biggest decisions and investments people make. But by leaning on our experts, you can learn how to buy a house like a professional, even if it’s your first time. If you’re selling your home, you want the experience of seasoned veterans with the knowledge of your area to represent you and the home you loved.
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Last updated
Today
First listed
Sep 9
Listing reference
B45F9345-1841-4D8C-B501-DE784E3E9B90
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