Property Description
This building is operating at over an 8% cap rate! Conveniently located five unit building with long term tenants, a turn key building in excellent shape, four out of cive boilers have been replaced within the past four years (two just last week), vinyl siding in excellent shape, newer windows, and the list goes on. Very easy building to maintain and manage and very low turnover with tenants. Don’t miss your chance at this excellent investment opportunity in one of the North Shores fastest growing communities.
Features
- Basement:
- Partial
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- third floor has electric heat -it is unused
- Garage Parking
- Lead Paint:
- Unknown, Certified Treated
Additional Information
- Market Time:
- 4
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $270
- Zoning:
- B1
- No Units:
- 5
- Orig Price:
- $1,099,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01902
- Longitude:
- W71° 3' 54''
- Latitude:
- N42° 28' 32.9''
Residential Income
122-126 Marianna St., Lynn, Massachusetts
7 Bedrooms
5 Total Bathrooms
4,068 Sqft
$1,099,000
Listing ID #73488622
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,099,000
- Bedrooms :
- 7
- Rooms :
- 17
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 4,068 Sqft
- Year Built :
- 1890
- Lot Area :
- 0.06 Acre
- Listing ID :
- 73488622
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent