Fixer Upper
Address
44 A&B Park St., Lynn, MA
Price
$ 1,324,900
Property Attributes
- MLS#73223747
- TypeMulti-Family
- CountyESSEX
- CityLynn
- Zip01905
- Style3 Family
- Year Built1880
- Taxes$ 8881
- Price$ 1,324,900
- Bedrooms12
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage4740
- Lot Size3,485 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Prime Investment Opportunity. 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Lps Elementary School | Lps Middle School | Lps High School |
| Price History | |
|---|---|
| 4/13/2024 | Listed $1,324,900 |
General Features
| Interior Features | Pantry,Bathroom With Tub & Shower,Internet Available - Unknown,Living Room,Kitchen,Laundry Room |
|---|---|
| Sewer | Public Sewer |
| Heating | Natural Gas,Oil |
| Roof | Rubber |
| Appliances | Range,Refrigerator,Freezer |
| Exterior Features | Balcony/Deck |
| Zoning | R4 |
| Patio/Porch Features | Covered |
| Construction Materials | Frame |
| Year Built | 1880 |
| Property SubType | 3 Family |
| Tax Year | 2024 |
| Gross Income | 102420 |
| Waterfront Features | Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public) |
| Community Features | Public Transportation,Park,Laundromat,Public School |
| County | Essex |
| Net Operating Income | 102420 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water),Unit 2(Water),Unit 3(Water) |
| Total Rooms | 18 |
| Status | Active |
| Directions | Western Ave to Park St. |
| High School | Lps |
| City | Lynn |
| Disclosures | Property being sold as is. |
| Senior Community Y/N | No |
| Total Units | 3 |
| Lot Size Square Feet | 3584 |
| Waterfront Y/N | No |
| Street Name | Park St. |
| Elementary School | Lps |
| Year Built Details | Actual |
| Tax Annual Amount | 8881 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Lps |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 843400 |
| Total Actual Rent | 8535 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Interior Entry,Concrete |
|---|---|
| Flooring | Hardwood |
| Total Stories | 6 |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Total Bedrooms | 12 |
| Total Baths | 3 |
Exterior Features
| Parking Features | Paved Drive,Off Street,Paved |
|---|---|
| Lot Features | Easements,Level |
| Water Source | Public |
| Total Parking | 1 |
| Lot Size Area | 0.08 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 4740 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01905
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
