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Lynn,MA 01902
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,089 sqft
Price per Sqft $243
MLS Listing ID 73312289
Bedrooms 8
Full Baths 5
Year Built 1900
Annual Tax Amount $12
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
A few streets to the beach! 4-FAMILY plus SHOP in CARRIAGE HOUSE with endless possibilities! This 4-family + is located near King's Beach & Swampscott in the Diamond District. Newer roof, newer siding & many newer windows throughout. Property features sprinkler system for future condo readiness reduced insurance policy. Heating system for unit 1 is <10 years old, all other units have separate electric heat. Hot water is included in all rents. De-lead info available for Unit #1. All rents UNDER MARKET! Coin operated laundry in basement for tenants, garages rented at $150 monthly each & you still have 8 more parking spots for tenants! All tenants except Unit 3 are tenant-at-will, this property has potential to be very profitable, assessed at $ 1,149,000 priced to sell - incredible opportunity for savvy buyer City encourages development of ancillary structures (LOT over 7000 square feet) expand 5th unit, legal hobby-workshop, office/BUSINESS. Buyer completes independent due diligence.
Location
State MA
County Essex
Area Diamond District
Zoning R4 + shop
Interior
Heating Electric
Flooring Other
Exterior
Garage Spaces 2.0
Community Features Public Transportation,Park,Laundromat,Highway Access,Marina
Utilities Available for Gas Range
Waterfront Description Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Building
Story 8
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools 4 Big Apartment
Middle Schools 10 Parking
High Schools Carriage House