54 Rockaway Street
$699,900
4
2
1,440
1,440
$486
Open: 1/5 11:00AM - 01:00PM
Description
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...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!
- Listed by Paul Brouillette • LAER Realty Partners
Property Details for 54 Rockaway Street
Town
Lynn
AreaMA-Lynn
Garage Spaces0
Parking Spaces8.00
Parking Spaces Total8
Open Houses
Sunday, Jan 5th
11:00 AM - 1:00 PM
LISTING UPDATED: 01/03/2025 09:21 AM
Property Details for 54 Rockaway Street
Status | Active |
---|---|
MLS # | 73321833 |
Days on Market | 5 |
Taxes | $5,988 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 2 Family - 2 Units Up/Down |
Year Built | 1900 |
County | Essex County |
Building Information for 54 Rockaway Street
Stories3Residences2Year Built1900Building Size-Lot Size0.11 AC / 4,902 SF
Property Information for 54 Rockaway Street
Property History for 54 Rockaway Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 54 Rockaway Street
Taxable ValueLand$179,900Additions$388,800Total$568,700
Tax Record2024$5,988 ($499 / month)
Home Facts
Baths2Total Finished SqFt1,400 SqFtAbove Grade Finished SqFt1,400 SqFtUnfinished Basement SqFt800 SqFtStories2Lot Size4,902 SqFtStyleDuplexYear Built1900Year Renovated1964ZoningR2CountyESSEXAPNLYNN M:083 B:663 L:023
Schools near 54 Rockaway Street
This home is within Lynn School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Harrington Elementary School PublicPK to 5 | ||
William R Fallon Public1 to 5 | ||
Thurgood Marshall Middle School Public6 to 8 | ||
Fecteau-Leary Junior/Senior High School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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