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Sold for $695,900 on 02/24/25
  • $695,900

    54 Rockaway Pl, Lynn, MA 01902

    4beds
    1,440sqft
    2 Family - 2 Units Up/Down
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $483/sqft
    $-- Estimated rent

    Owner options

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    $4,193/mo

    Est. payment

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    $4,193/mo

    Est. payment

    What's special

    Wonderful opportunity to own a two-family home in Lynn; perfect for owner occupancy or investment! Cap Rate 7.04%, 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. Don't miss it! Please allow 24 hours for offer review.

    Zillow last checked: 8 hours ago

    Listing updated: February 25, 2025 at 01:55pm

    Listed by:

    Paul Brouillette,

    LAER Realty Partners

    Bought with:

    Thomas McKenna

    eXp Realty

    Source: MLS PIN,MLS#: 73321833

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Natural Gas, Ductless
    Cooling
    • Ductless
    Features
    • Living Room, Kitchen
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,440
    • Total interior livable area: 1,440 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved Drive, Off Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch, Deck
    • Waterfront features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 4,902 sqft
    Details
    • Parcel number: M:083 B:663 L:023
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Family - 2 Units Up/Down
    Materials
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Highway Access, Public School
    Location
    • Region: Lynn

    HOA & financial

    Other financial information
    • Total actual rent: 5000

    Other

    Other facts
    • Listing terms: Contract