54 Rockaway Pl Pending

Lynn,MA 01902

$ 699900

4 Beds

2 Baths

1440 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $486

MLS Listing ID 73321833

Bedrooms 4

Full Baths 2

Year Built 1900

Annual Tax Amount $5,988

Tax Year 2024

Lot Size 4,791 Sqft

Property Sub-Type 2 Family - 2 Units Up/Down

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.

Location

State MA

County Essex

Zoning R2

Interior

Heating Baseboard,Natural Gas,Ductless

Cooling Ductless

Exterior

Community Features Public Transportation,Park,Highway Access,Public School

Waterfront Description Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Building

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Robert E. Ford

Middle Schools Marshall Middle

High Schools Lynn E. High

Others

Acceptable Financing Contract

Listing Terms Contract

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