BEDS18
BATHS12 full
SQUARE FEET8,694
MLS#73525911
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Concrete, Unfinished
Basement: Yes
Heating: Baseboard
Lot Size: 0.26 Acres
Roof Type: Rubber
Stories: 5.0
Taxes: $9
Year Built: 1900
Amenities
Lead Certification Available
Feature Descriptions
Appliances: Range
Building Area Total: 8694
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Marina, Public School, University, Sidewalks
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: 14
Dwelling Type: 5+ Family - 5+ Units Up/Down
Exterior: Frame
Flooring: Wood, Carpet
HeatingY/N: 1
Laundry: Washer Hookup
Lot Features: Gentle Sloping
Open Parking Y/N: Yes
Parcel Number: 2002259
Parking Features: Paved Drive, Shared Driveway, Off Street
Parking Total: 12
Patio And Porch: Porch
Rooms Total: 39
Sewer: Public Sewer
Units: 12
Utilities: for Gas Range, Washer Hookup
Water: Public
Waterfront Features: Bay, Harbor, Ocean, Walk to,1/10 to 3/10 To Beach, Beach Ownership(Public)
Listed By / Shown By
Listed By
Agency Name: Boston Realty Advisors
Agent Name: Daniel Alper
Agency Phone: 617-375-7900
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 6,668.90 per month $5,895.53 Principal & Interest $0.75 Property Tax $772.63 Homeowner's Insurance
29-35 Sagamore Street | MLS# 73525911
This multi-family property located at 29-35 Sagamore Street, Lynn, MA 01902 is currently listed for sale with an asking price of $2,649,000. Search Lynn real estate on www.masiellogrouprealestate.com today.