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30-32 High, Lynn, MA 01844

$5,000,000
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New to the Market Active
BEDS34 BATHS25 full SQUARE FEET15,729 MLS#73552194
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.

30-32 High | MLS# 73552194

This multi-family property located at 30-32 High, Lynn, MA 01844 is currently listed for sale with an asking price of $5,000,000. Search Lynn real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Lot Size: 0.25 Acres
Roof Type: Shingle, Rubber
Stories: 3.0
Taxes: $39,376
Year Built: 1890

Feature Descriptions

Building Area Total: 15729
Community Features: Public Transportation, Shopping, Laundromat
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
Door Features: Insulated Doors
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: Circuit Breakers
Exterior: Frame
Flooring: Tile, Vinyl, Varies
Lot Features: Corner Lot
Parcel Number: 2003315
Parking Features: Off Street
Parking Total: 18
Rooms Total: 73
Sewer: Public Sewer
Units: 25
Utilities: for Electric Oven
Water: Public
Window Features: Insulated Windows

Listed By / Shown By

Listed By

Agency Name: Yannios R E Investment Sales
Agent Name: James Yannios
Agency Phone: 781-224-0081

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Estimated Payment

$ 15,867.50 per month $11,127.83 Principal & Interest $3,281.33 Property Tax $1,458.33 Homeowner's Insurance

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