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22 Reed St, Lynn, MA 01905

$1,100,000
  • Main Photo

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New to the Market Active
BEDS6 BATHS3 full SQUARE FEET3,239 MLS#73596753
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional WATERFRONT investment opportunity in Lynn! This triple-decker, set on a DOUBLE SIZED LOT offers three spacious levels of living, each with 2 bedrooms, 1 full bath and their own private decks, creating an appealing blend of traditional New England character and functional multi-family living. Outside, the property truly distinguishes itself. The oversized lot offers an abundance of room for outdoor enjoyment, while a detached two-car garage and additional off-street parking spaces provide a level of parking rarely found with multi-family properties. A full basement adds valuable storage and utility space. Whether you're an investor seeking a substantial income-producing asset or an owner-occupant looking to offset housing costs with rental income, this property offers an impressive foundation and considerable potential. Conveniently located in Lynn's Austin Square neighborhood, with easy access to local shops, restaurants, parks, schools, public transportation, and the amenities of the North Shore and Greater Boston, a property of this size and lot profile is a compelling opportunity to own a truly substantial multi-family asset in Lynn. Property to be conveyed vacant. Buyer and buyer's agent to perform their own due diligence regarding zoning, permitted uses, rental history, and all property information. Showings begin Saturday, October 31!

22 Reed St | MLS# 73596753

This multi-family property located at 22 Reed St, Lynn, MA 01905 is currently listed for sale with an asking price of $1,100,000. Search Lynn real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Concrete, Unfinished
Garage: 2
Lot Size: 0.33 Acres
Stories: 3.0
Taxes: $9,182
Year Built: 1920

Feature Descriptions

Building Area Total: 3239
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 6
Dwelling Type: 3 Family - 3 Units Up/Down
Exterior: Frame
Flooring: Wood, Tile, Carpet
GarageY/N: Yes
Laundry: Washer Hookup
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:0020 B:0310 L:0016,1994426
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 8
Road Responsibility: Public Maintained Road
Rooms Total: 15
Sewer: Public Sewer
Units: 3
Utilities: for Gas Range, Washer Hookup
Water: Public
Waterfront Features: Waterfront, River

Listed By / Shown By

Listed By

Agency Name: eXp Realty LLC - Corporate Office
Agent Name: Dawn Aiello
Agency Phone: 888-854-7493

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Estimated Payment

$ 3,534.12 per month $2,448.12 Principal & Interest $765.17 Property Tax $320.83 Homeowner's Insurance

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