This investment checks off all of the boxes: Recently remodelled and ready to rent to your own hand picked tenants now for great income, and also build out a protected ADU in the separate carriage house for an additional unit. Ample parking (8 spaces), vinyl siding, fresh paint, new carpet and luxury vinyl tile. Sprinkler system installed for reduced insurance rates. Potential of $13-14,000 total monthly income including the ADU, and $11-11,500 in current state. Coin operated laundry in basement for even more income. Currently only one tenant occupying a second floor one bedroom unit, as the owner left the others vacant to renovate and allow the new owner to hand pick their own tenants. Great location, close to beach, bus line to Boston on street. Easy to show, but shown by appointment only to allow investors ample time to focus on this opportunity.
- Heating System:
- Electric
- Basement:
- Full
- Parking:
- Off Street, Paved Drive
- Appliances:
- Range, Dishwasher, Refrigerator
- Construction:
- Conventional (2x4-2x6)
- Flooring:
- Tile, Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Public records has 4 bedrooms, there are 6 rooms used as bedrooms; buyer/agent to conduct their own due diligence
- Electric Feature:
- 220 Volts
- Garage Parking
- Interior Features:
- Kitchen, Bathroom With Shower Stall, Bathroom With Tub, Living Room, Remodeled
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Water, Unit 1(Water, Hot Water), Unit 3(gas, Unit 4(gas, Unit 2(gas
- Area:
- Diamond District
- Market Time:
- 5
- Parking Spaces:
- 8
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $291
- Zoning:
- R3
- No Units:
- 4
- Orig Price:
- $1,190,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01902
- Longitude:
- W71° 3' 54.9''
- Latitude:
- N42° 27' 50.6''
Residential Income
4-4A Broad St, Lynn, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,190,000
- Bedrooms :
- 9
- Rooms :
- 18
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 4,089 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.17 Acre
- Listing ID :
- 73520240
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
