BEDS18
BATHS6 full
SQUARE FEET4,230
MLS#73535795
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Attention investors! Dont miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Concrete
Heating: Steam
Lot Size: 0.10 Acres
Roof Type: Rubber
Stories: 5.0
Taxes: $15,914
Year Built: 1900
Amenities
Living Room
Kitchen
Rain Gutters
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 4230
Community Features: Public Transportation, Shopping, Laundromat, Private School, 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
Dwelling Type: 5-9 Family
Flooring: Laminate, Hardwood
HeatingY/N: 1
Lot Features: Level
Parking Total: 0
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)
Road Responsibility: Public Maintained Road
Rooms Total: 30
Sewer: Public Sewer
Units: 6
Water: Public
Waterfront Features: Ocean,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Listed By / Shown By
Listed By
Agency Name: Clements Realty Group
Agent Name: Eugene L. Clements
Agency Phone: 781-595-9600
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 6,108.91 per month $4,228.58 Principal & Interest $1,326.17 Property Tax $554.17 Homeowner's Insurance
43 Highrock Street | MLS# 73535795
This multi-family property located at 43 Highrock Street, Lynn, MA 01902 is currently listed for sale with an asking price of $1,900,000. Search Lynn real estate on www.masiellogrouprealestate.com today.