Beds4
Baths2
Sq.Ft.1,591
Year1900
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Status:
Active
Property Type:Multi Family
MLS #:73104545
Sq. Feet:1,591
On Site:34 Days
Lot Size:0.05 Acres
County:Essex
This two-unit house in Lynn, MA is the perfect investment opportunity for developers or investors looking for a property in a centrally located area. The property is being sold as is, providing a blank canvas for someone to create their dream home or develop the property to their liking. The first unit is currently vacant, allowing for easy renovation or customization to suit your needs. The second unit is tenanted, providing an immediate income stream for the new owner. This property is conveniently located close to public transportation, making it easy to get around the area. It's also near schools and North Shore Community College, making it an ideal choice for families with children or students. Plus, with a variety of restaurants and other amenities in the area, you'll never be far from the action. If you're looking for a property with great potential in a prime location, this two-unit house in Lynn, MA is an opportunity not to be missed!
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 5/11/2023 | $575,000 | $560,000 | -2.6% |
Architecture
Bedrooms:
4
Bathrooms:
2
Year Built:1900
Stories:3
Construction Materials: Frame
Building Area: 1591
Roof: Shingle
Foundation: Block
Basement: Full
Parking Features: Paved Drive, Off Street
Parking Total: 1
Features / Amenities
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range
Flooring: Wood
Patio And Porch: Deck - Wood
Total Rooms:10
Property Features
Lot Size:
0.05 Acres
Utilities: for Gas Range
Sewer: Public Sewer
Water: Public
Electric: 110 Volts
Road Frontage: Public
Zoning:R2
Directions:Use Google Maps
Tax and Financial Info
Tax Year: 2023
Tax Annual Amount: $5,683
Gross Income: $27,600
Net Operating Income: $27,600
Terms: Contract
Total Actual Rent: $2,300
Buyer Agency Compensation: 2
Buyer Agent Compensation: 2
Listing Agent/Office
Listing provided courtesy of The Reference Group, Reference Real Estate.
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7 Lander St Lynn, MA 01902
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Listing Information Last Updated 5/31/2023
