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Meghan Endicott

meghan@classifiedre.com +1(860) 930-4109

$1,325,000

Est. payment - /mo

12 Beds

3 Baths

4,740 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,740 sqft

Price per Sqft $279

MLS Listing ID 73542427

Bedrooms 12

Full Baths 3

Year Built 1880

Annual Tax Amount $9,297

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 3 Family

Property Description

Prime Investment Opportunity, 5.6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.

Location

State MA

County Essex

Zoning R4

Direction Western Ave to Park St.

Rooms

Basement Full, Interior Entry, Concrete

Interior

Interior Features Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen

Heating Natural Gas, Oil

Flooring Hardwood

Appliance Range, Refrigerator, Freezer

Exterior

Exterior Feature Balcony/Deck

Community Features Public Transportation, Park, Laundromat, Public School

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

Roof Type Rubber

Total Parking Spaces 1

Garage No

Building

Lot Description Easements, Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Lps

Middle Schools Lps

High Schools Lps

Others

Senior Community false

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Listed by Century 21 Shawmut Properties

NEARBY SCHOOL & BUSINESS

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Meghan Endicott

+1(860) 930-4109

Agent | License ID: 9582859

Agent License ID: 9582859

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44 A&B Park St. Lynn, MA 01905

Meghan Endicott

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION