54 Rockaway Pl, Lynn MA 01902 – 4 bed 2 bath For Sale – 73321833
Overview
- Updated On:
- February 25, 2025
-
- 73321833
- 4 Bedrooms
- 2 Bathrooms
- 0 Garage Spaces
- 8 Non-Garage Parking Spaces
- 1900
Description
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.
Property Listing Details
Overview
| MLS Status | Closed |
|---|---|
| Price | $ 699,900 |
| Living Area | 1,440.00 ft2 |
| Bedrooms | 4 |
| Total Rooms | 8 |
|---|---|
| Listing MLS ID | 73321833 |
| Days on Market | 23 |
| Bathrooms | 2 |
Unit Information
| Bedrooms | 4 |
|---|---|
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Cooling | Ductless |
| Heating | Baseboard,Natural Gas,Ductless |
| Uncovered Parking | 8 |
| Garage Parking | 0 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Full |
| Patio And Porch Features | Porch,Deck |
| Parking Features | Paved Drive,Off Street |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 2 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public) |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1900 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Full |
| Roof | Shingle |
Additional Details
| Community Features | Public Transportation,Park,Highway Access,Public School |
|---|---|
| Disclosures | |
| Last Updated | 2025-02-25T21:55:00.000Z |
| Building Area Source | Appraiser |
| MLS PIN Page | |
| Parcel Number | M:083 B:663 L:023 |
| Original List Price | 699900 |
| Listing Office | laer realty partners |
| Tax Annual Amount | 5988 |
|---|---|
| Tax Assessed Value | 568700 |
| Tax Book Number | 36658 |
| Tax Year | 2024 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | R2 |
| Listing Agent | paul brouillette |
Amenities and Features
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54 Rockaway Pl, Lynn MA 01902 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
54 Rockaway Pl, Lynn MA 01902 – 4 bed 2 bath For Sale – 73321833
$ 699,900
Status: Closed
54 Rockaway Pl, Lynn MA 01902, Lynn, , Essex 01902
Country: US
Property Overview
MLS #: 73321833
Type: 2 Family - 2 Units Up/Down /
Action: Residential Income
Year Built: 1900 (Approximate, Source: Public Records, Effective: )
Living Area: 1,440.00 ft2 (Total: 1440 Square Feet, Source: Appraiser)
Lot Size: 0.11 ft2 (Area: 0.11 Acres, SqFt: 4902)
Total Rooms: 8
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 4 (Main Level: )
Bathrooms: Total: 2 (Full: 2, Half: 0, Decimal: 2, Main Level: )
Basement: Full
Fireplaces: 0 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Stone (Area: )
Roof: Shingle
Stories: 3 (3)
Common Walls:
Body Type:
Utilities & Green Features
Heating: Baseboard,Natural Gas,Ductless
Cooling: Ductless
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 8
Parking Features: Paved Drive,Off Street
Pool:
Spa:
Patio/Porch: Porch,Deck
Fencing:
Lot Features:
View: (, Waterview Y/N: )
Waterfront: Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Road Frontage: ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Park,Highway Access,Public School
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: Robert E. Ford, M: Marshall Middle, H: Lynn E. High
Zoning: R2 ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
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.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 2
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2500, Lease: N
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2500, Lease: N
Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 5988 (Year: 2024)
Tax Assessed Value: 568700
Tax Block/Lot/Book/Map: / / 36658 /
Parcel Number: M:083 B:663 L:023
Special Licenses:
Current Financing: Conv. Fixed
Gross Income: 60000 (Scheduled: )
Net Operating Income: 60000
Operating Expense: 4753 (Water/Sewer: 2800, Insurance: 1953)
Financial Data Source: Owner,Pro. Forma Available
APOD Available: No
Tenant Pays:
Rent Includes: Unit 1(Water),Unit 2(Water)
Total Actual Rent: 5000
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Paul Brouillette (MLS ID: D0008773) / Team:
Listing Office: (MLS ID: AN1199)
Agent (Property):
Buyer Agent MLS ID: CN240947
Buyer Office MLS ID: AC0342
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-12-30
Expiration Date: 1900-01-01
Original List Price: 699900
Price Per SqFt (List): 486.04
Market Time (Property): 23 (Broker: 23, Prev Broker: 0, Prev Property: 0)
MLS Status: Sold
Possession:
Directions: Rte 107/Broadway to Summer St to Liberty/Essex St to left on Rockaway St left on Rockaway Place
Disclosures: , N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency: Pending P&S
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag: 1
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 242)
Sale Information (if applicable)
Close Date: 2025-02-24
Close Price: 695900
Price Per SqFt (Sold): 483.26
Anticipated Sold Date: 2025-02-24T05:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-01-16
Sold vs Rent:
System Information
Property ID: 1489946
Modification Timestamp: 2025-02-25T21:55:00.000Z
Bridge Modification Timestamp: 2025-02-25T21:55:30.070Z
Original Entry Timestamp: 2024-12-30T20:34:00.000Z
Status Change Timestamp: 2025-02-25T21:55:00.000Z
Off Market Date: 2025-01-23
Development Status:
Business Type:
