The Mavroules Team - Atlantic Coast Homes

56 Rockaway, Lynn, MA 01902

Multi-Family

$349,900
Price
$325,000
Sale Price

3
Units
2,524
Approx. GLA
This multi-family property features 3 units with different floor plans. The 1st offers 2-3 br and 900+ sq.ft.; the 2nd is a traditional 5rm, 2 br, also with 900+ sq.ft.; the 3rd is a smaller 3rm 1br. All rooms (except kitchens and baths) and front hallway include hardwood flooring. Large lot with plenty of off-street parking. Shared heating system but separately metered hot water, gas, and electricity. Property in need of updating throughout.
Highlights
Sale Price: $325,000
Settled Date: 5/1/2018 12:00:00 AM
Basement Features: Partial, Bulkhead, Concrete Floor
List Price: $349,900
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Sold
Beds: 5
Baths: 3
Units: 3
Year Built: 1900
Approx. GLA: 2,524
MLS#: 72278812
 
 
Interior
Basement: Yes
Heating Units: 1
Flooring: Wood, Tile
Hot Water: Natural Gas, Tank
Rooms: 13
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.13
Lot Size: 5,638.00
Lot Description: Paved Drive
Foundation: Fieldstone
Parking Spaces: 10
Parking Features: Off-Street, Common, Paved Driveway
Road Type: Public
Color: blue
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Shingles
Exterior Features: Deck - Roof
Water: City/Town Water
Water: City/Town Water
Sewage District: Lynn
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $334,000
Taxes: $5,210
Tax Year: 2017
Book/Page: 36173/557
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Not Available
Gross Income: $32,040
Total Rent: $2,670
Net Income: $32,040
 
 
Additional
Amenities: Public Transportation
Exclusions: Tenants' belongings
Disclosure Declaration: No
Disclosure: Sold as-is. Listing agent related to seller.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 No 1 $1,200
Unit 2 5 2 0 2 1 0 No 1 $870
Unit 3 3 1 0 3 1 0 No 1 $600
Units Extras
Unit 1
Rent Includes:  Heat, Water  Applicances:  Range, Refrigerator  Heating:  Steam, Common  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Tile Floor  Rooms:  Living Room, Kitchen, Office/Den 
Unit 2
Rent Includes:  Heat, Water  Applicances:  Range, Refrigerator  Heating:  Steam, Common  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Tile Floor  Rooms:  Living Room, Dining Room, Kitchen 
Unit 3
Rent Includes:  Heat, Water  Applicances:  Range, Refrigerator  Heating:  Steam, Common  Interior:  Bathroom With Tub & Shower, Hardwood Floors  Rooms:  Living Room, Kitchen 
Map
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The listing office is Wellsco, LLC and the listing agent is Lani Sanethong. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/13/2018 10:05:00 AM.
 
The Mavroules Team
The Mavroules Team
Atlantic Coast Homes