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.
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: 35
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
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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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 $1,900,000. Search Lynn real estate on www.masiellogrouprealestate.com today.