39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
- Basement:
- Unfinished
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Individually Metered
- Garage Parking
- Lead Paint:
- Certified Treated
- Rent Fee Includes:
- Unit 1(water), Unit 2(water)
- Market Time:
- 79
- Tax Year:
- 25
- Status:
- Closed
- Price Per Sqft:
- $274
- Zoning:
- R5
- No Units:
- 23
- Orig Price:
- $4,850,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01902
- Longitude:
- W71° 3' 36.5''
- Latitude:
- N42° 27' 41.9''
Residential Income
39 Newhall St, Lynn, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $4,550,000
- Bedrooms :
- 31
- Rooms :
- 74
- Total Bathrooms :
- 23
- Full Bathrooms :
- 23
- Square Footage :
- 16,052 Sqft
- Year Built :
- 1910
- Lot Area :
- 0.14 Acre
- Listing ID :
- 73340893
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
