Wonderful opportunity to own a two-family home in Lynn; perfect for owner occupancy or investment! Cap Rate 8.21%, see attached Proforma. Extensively renovated with a new second-floor kitchen in 2018, a four-year-old roof, a Trex deck in front, a newer ductless mini split on the second floor, and gas heat with separate meters. Hardwood floors throughout. Park, restaurants, and shopping nearby. Easy highway access. Just 1 mile to the beach, and a 15-minute walk to the nearest T station to be built soon. Included in the sale is a 9.5 foot wide piece of land parallel to the street which provides parking for up to 9 cars. SHOWINGS BEGIN at the Open House on Saturday 01/04 and Sunday 01/05 both from 11 AM to 1 PM. Don’t miss it!
Property Details
Price:
$699,900
MLS #:
73321833
Status:
Active
Beds:
4
Baths:
2
Address:
54 Rockaway Pl
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Lynn
Listed Date:
Dec 30, 2024
State:
MA
Finished Sq Ft:
1,440
Total Sq Ft:
1,440
ZIP:
01902
Lot Size:
4,902 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
2
Schools
Elementary School:
Robert E. Ford
Middle School:
Marshall Middle
High School:
Lynn E. High
Interior
Appliances
Washer, Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Ductless
Heating
Baseboard, Natural Gas, Ductless
Exterior
Community Features
Public Transportation, Park, Highway Access, Public School
Parking Features
Paved Drive, Off Street
Parking Spots
8
Roof
Shingle
Financial
Tax Year
2024
Taxes
$5,988
Map
Contact Us
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of LAER Realty Partners. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
54 Rockaway Pl
Lynn, MA
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