BEDS12
BATHS6 full
SQUARE FEET5,631
MLS#73519410
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Welcome to your next investment opportunity! 35-37 Park St presents a rare chance to acquire a well-located 6-family property in one of Lynns strong and continuously growing rental markets. 7.2% current CAP and fully lead compliant! This large multifamily offers excellent income-producing potential with multiple units, strong cash flow opportunity, and long-term upside for both seasoned investors and owner-occupants looking to build wealth through real estate. New front entrance with with granite steps, new fencing, new concrete around foundation, new landscaping, repaired siding, rear porch, exterior of building. Conveniently located near major highways, public transportation, shopping, restaurants, schools, parks, and downtown Lynn. With consistent rental demand and future value-add potential, this is an ideal opportunity for investors looking to generate steady rental income while benefiting from long-term appreciation.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Unfinished
Basement: Yes
Heating: Hot Water
Lot Size: 0.12 Acres
Roof Type: Rubber
Stories: 5.0
Taxes: $12,063
Year Built: 1900
Amenities
Living Room
Dining Room
Kitchen
Decorative Lighting
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 5631
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
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: 28
Dwelling Type: 5-9 Family
Exterior: Frame
Flooring: Tile, Vinyl, Carpet, Varies, Hardwood
HeatingY/N: 1
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:053 B:725 L:036,2005862
Parking Features: Paved Drive, Off Street, Driveway, Paved
Parking Total: 6
Patio And Porch: Porch
Rent Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
Rooms Total: 27
Sewer: Public Sewer
Units: 6
Utilities: for Gas Range
Water: Public
Listed By / Shown By
Listed By
Agency Name: United Brokers
Agent Name: Matt Tasgin
Agency Phone: 781-629-2258
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR THIS HOME
Choose a date and time to see 35-37 Park St, Lynn, MA 01905.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 4,856.58 per month $3,405.09 Principal & Interest $1,005.25 Property Tax $446.25 Homeowner's Insurance
35-37 Park St | MLS# 73519410
This multi-family property located at 35-37 Park St, Lynn, MA 01905 is currently listed for sale with an asking price of $1,529,986. Search Lynn real estate on www.masiellogrouprealestate.com today.