BEDS10
BATHS7 full 1 partial
SQUARE FEET8,672
MLS#73567599
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional mixed-use investment opportunity! Recently fully renovated, this well-maintained property features one commercial unit and three residential units, all fully occupied, offering immediate and strong income potential with an estimated 8% cap rate. Ideally situated on a corner lot with off-street parking and convenient access to public transportation, shopping, restaurants, major highways, and the beach. An excellent opportunity for investors or owner-occupants looking to expand their real estate portfolio. Put your money to work! Drive by and discover this outstanding income-producing opportunity. Explore the potential of real estate investing with this fully rented, income-producing property. Drive by and see this exceptional opportunity!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.12 Acres
Roof Type: Shingle, Rubber
Stories: 4.0
Taxes: $10,535
Year Built: 1910
Amenities
Open Floorplan
Bathroom with Shower Stall
Living Room
Kitchen
Feature Descriptions
Appliances: None, Range, Dishwasher, Refrigerator
Building Area Total: 8672
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, T-Station
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: 19
Dwelling Type: 4 Family - 4 Units Up/Down
Exclusions: Group Showing: Tuesday, September 1, From 11:00 Am To 12:00 Pm.
Exterior: Frame
Flooring: Wood, Tile
HeatingY/N: 1
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parcel Number: 2000368
Parking Features: Off Street, On Street
Parking Total: 4
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Rooms Total: 19
Sewer: Public Sewer
Units: 4
Water: Public
Waterfront Features: Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)
Window Features: Picture Window
Local Schools
High School: Lynn English High School
Middle School: Thurgood Marshall
Elementary School: Cobbet Elementary School
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Evolution
Agent Name: Alvarenga & Son's Team
Agency Phone: 978-927-8700
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,396.35 per month $3,994.89 Principal & Interest $877.92 Property Tax $523.54 Homeowner's Insurance
90 Essex St | MLS# 73567599
This multi-family property located at 90 Essex St, Lynn, MA 01902 is currently listed for sale with an asking price of $1,795,000. Search Lynn real estate on www.masiellogrouprealestate.com today.