$699,900 ($486.04 per sqft)

Est. Mortgage $3,585/mo *

Quick Pre-Approval

Open House Schedule

Come see this extensively renovated 2 family in Lynn. Cap rate 8.21%. Good for investment or as owner occupied. Send your buyers!

01/04/2025
11:00 AM to 1:00 PM
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01/05/2025
11:00 AM to 1:00 PM
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54 Rockaway Pl, Lynn, MA, 01902

54 Rockaway Pl, Lynn, MA, 01902

8 rooms

4 beds

2 Full baths

1900

1,440 sqft

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!


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

R2

Heating:

Baseboard, Natural Gas, Ductless

Cooling:

Ductless

Basement:

Full

Levels:

3

Parking:

8-car, Paved Drive, Off Street

Acreage:

0.11

Est. Taxes:

$5,988

Assessment

$568,700

Amenities:

Public Transportation, Park, Highway Access, Public School

Elementary School:

Robert E. Ford

Middle School:

Marshall Middle

High School:

Lynn E. High

Appliances:

Washer, Range, Refrigerator

MLS #:

73321833


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Paul Brouillette, LAER Realty Partners Phone: 978-251-8221