BEDS12
BATHS3 full
SQUARE FEET4,740
MLS#73542427
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Prime Investment Opportunity, 5.6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry, Concrete
Basement: Yes
Heating: Natural Gas, Oil
Lot Size: 0.08 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $9,297
Year Built: 1880
Amenities
Pantry
Bathroom With Tub & Shower
Internet Available - Unknown
Living Room
Kitchen
Balcony/Deck
Feature Descriptions
Appliances: Range, Refrigerator, Freezer
Building Area Total: 4740
Community Features: Public Transportation, Park, Laundromat, 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: 29
Dwelling Type: 3 Family
Exterior: Frame
Flooring: Hardwood
HeatingY/N: 1
Lot Features: Easements, Level
Open Parking Y/N: Yes
Parcel Number: 2005887
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 1
Patio And Porch: Covered
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
Rooms Total: 18
Sewer: Public Sewer
Units: 3
Water: Public
Waterfront Features: Ocean,1 to 2 Mile To Beach, Beach Ownership(Public)
Local Schools
High School: Lps
Middle School: Lps
Elementary School: Lps
Listed By / Shown By
Listed By
Agency Name: Century 21 Shawmut Properties
Agent Name: Jason Barenholtz
Agency Phone: 617-787-2121
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,110.08 per month $2,948.88 Principal & Interest $774.75 Property Tax $386.46 Homeowner's Insurance
44 A&b Park St. | MLS# 73542427
This multi-family property located at 44 A&b Park St., Lynn, MA 01905 is currently listed for sale with an asking price of $1,325,000. Search Lynn real estate on www.masiellogrouprealestate.com today.