Well-located and spacious two-family property offering excellent flexibility for both owner-occupants and investors. This LEAD COMPLIANT home features a 2-bedroom/1-bath unit and an expansive 5-bedroom/1-bath unit, providing strong rental potential and versatile living arrangements. Major system updates include two newer direct-vent boilers, two newer hot water heaters, and a new copper main water line and meter, offering added efficiency and peace of mind. The exterior features a huge driveway with a garage and ample off-street parking for multiple vehicles - a rare find and major convenience for tenants and owners alike. Enclosed rear porches provide additional usable space and storage. Conveniently situated near local amenities, shopping, restaurants, public transportation, and major routes, this property presents a fantastic opportunity to own a multi-family home with space, parking, and important mechanical upgrades!
This home has been viewed 37 times
Last Checked: April 2nd, 2026 at 4:29am (Source: MLS PIN #73476436)
Gross Income: $55,200
Gross Expenses: $7,126
Net Income Calc: $48,074
Annual Expenses for 102 Rockaway St, Lynn MA 01902
Total Gross Expenses (Calculated)$7,126/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7126
Annual Income & Unit Breakdown for 102 Rockaway St, Lynn MA 01902
Total Gross Income (Calculated)$55,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 102 Rockaway St, Lynn MA 01902
Listing ID73476436
Property TypeMulti Family
Price784986 ($303.43/SqFt)
StyleMulti Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total2587
Approximate Lot Size (Acres)0.12
Total Parking8 (1 Garage)
Garage Parking1
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 102 Rockaway St, Lynn MA 01902
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsAll Appliances To Remain.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 102 Rockaway St, Lynn MA 01902
Real Estate Taxes7126
Tax Year2025
Assessed Value$687,833
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 102 Rockaway St, Lynn MA 01902
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 102 Rockaway St, Lynn MA 01902