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43 Highrock Street, Lynn, MA 01902

$1,700,000
  • Main Photo

6 Photos

Active
MLS#73538789
STATUSActive PROPERTY TYPECommercial - Investment

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.

43 Highrock Street | MLS# 73538789

This commercial property located at 43 Highrock Street, Lynn, MA 01902 is currently listed for sale with an asking price of $1,700,000. Search Lynn real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Investment
Lot Size: 0.10 Acres
Roof Type: Rubber
Taxes: $15,914
Year Built: 1900

Feature Descriptions

Business Type: 5+ Residential
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: 88
Rental Term: Monthly
Utilities: Public Water, Natural Gas Available

Listed By / Shown By

Listed By

Agency Name: Clements Realty Group
Agent Name: Eugene L. Clements
Agency Phone: 781-595-9600

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