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Active Status Multi-Family
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A great investment of a residential 8 apartments in a condo building for sale in downtown of Lynn. Located at right across street from Lynn Marketplace where Shaw's supermarket, Bank of America, and restaurants are. A several revitalization projects have been ongoing in Lynn including a hundred housing units on progress in the downtown area. 5 mins walking distance to commuter rail and Lynn community college. 10 feet high ceiling. all units are deleaded and 6 years of roof. 2 of three bedrooms apartments and 6 of two bedrooms collects rental income in total of $11,000 per month as well as coin-operated laundry income of $250 monthly. taking off a yearly expense of $32,920 yields a good cap rate of roughly 6.4%. All units have own utitlies' meters except water. Don't miss a rare opportunity and put it into your investment portfolio.

Address: 92 Market St
State: MA
City: Lynn
County: Essex
Zip Code: 01901
MLS#: 72466286
MLS Area:
Taxes: $15,200

Interior Details

  • Appliances:
  • Amenities:Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
  • Features:
  • Furnished:
  • Floor Type:Other (See Remarks)
  • Cooling:
  • Heating:
  • Basement Details:Full,Walk Out
  • Other Rooms:32

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:Other (See Remarks)
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:Other (See Remarks)
  • Lot Size:8944.00
  • Parking:Other (See Remarks)
  • Foundation:Other (See Remarks)
  • Exterior:Other (See Remarks)
  • Sewer:City/Town Sewer

Community Details

  • Misc:5-9 Family

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:market street
Property Information Last Updated: 5/24/2019 9:52:37 PM
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