29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.
- Heating System:
- Baseboard
- Basement:
- Full, Interior Entry, Unfinished, Concrete
- Parking:
- Off Street, Paved Drive, Shared Driveway
- Appliances:
- Range
- Construction:
- Frame
- Flooring:
- Wood, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Interior Features:
- Lead Certification Available
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup
- Road Type:
- Paved
- Market Time:
- 2
- Parking Spaces:
- 12
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $305
- Zoning:
- 9
- No Units:
- 12
- Orig Price:
- $2,649,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01902
- Longitude:
- W71° 3' 41.2''
- Latitude:
- N42° 27' 38.3''
Residential Income
29-35 Sagamore Street, Lynn, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,649,000
- Bedrooms :
- 18
- Rooms :
- 39
- Total Bathrooms :
- 12
- Full Bathrooms :
- 12
- Square Footage :
- 8,694 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.26 Acre
- Listing ID :
- 73525911
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
