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  • 43 Highrock Street, Lynn, Massachusetts, 18 Bedrooms Bedrooms, 30 Rooms Rooms,6 BathroomsBathrooms,Residential Income,For Sale,Highrock Street,73535795
  • 43 Highrock Street, Lynn, Massachusetts, 18 Bedrooms Bedrooms, 30 Rooms Rooms,6 BathroomsBathrooms,Residential Income,For Sale,Highrock Street,73535795
  • 43 Highrock Street, Lynn, Massachusetts, 18 Bedrooms Bedrooms, 30 Rooms Rooms,6 BathroomsBathrooms,Residential Income,For Sale,Highrock Street,73535795
  • 43 Highrock Street, Lynn, Massachusetts, 18 Bedrooms Bedrooms, 30 Rooms Rooms,6 BathroomsBathrooms,Residential Income,For Sale,Highrock Street,73535795
  • 43 Highrock Street, Lynn, Massachusetts, 18 Bedrooms Bedrooms, 30 Rooms Rooms,6 BathroomsBathrooms,Residential Income,For Sale,Highrock Street,73535795
  • 43 Highrock Street, Lynn, Massachusetts, 18 Bedrooms Bedrooms, 30 Rooms Rooms,6 BathroomsBathrooms,Residential Income,For Sale,Highrock Street,73535795
  • 43 Highrock Street, Lynn, Massachusetts, 18 Bedrooms Bedrooms, 30 Rooms Rooms,6 BathroomsBathrooms,Residential Income,For Sale,Highrock Street,73535795
  • 43 Highrock Street, Lynn, Massachusetts, 18 Bedrooms Bedrooms, 30 Rooms Rooms,6 BathroomsBathrooms,Residential Income,For Sale,Highrock Street,73535795
Property Description

Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

Features
Heating System:
Steam
Basement:
Full, Interior Entry, Concrete
Appliances:
Range, Refrigerator
Exterior Unit Features:
Rain Gutters
Flooring:
Laminate, Hardwood
Sewer:
Public Sewer
Water:
Public
Garage Parking
Interior Features:
Kitchen, Living Room
Lead Paint:
Certified Treated
Road Type:
Paved
Rent Fee Includes:
Water, Unit 2(heat, Hot Water), Unit 4(heat, Unit 1(heat, Unit 3(heat
Additional Information
Market Time:
4
Tax Year:
2025
Status:
Active
Price Per Sqft:
$449
Zoning:
R2
No Units:
6
Orig Price:
$1,900,000
LEASE:
Yes
Waterfront:
No
MlsStatus:
Active
Address Map
City:
Lynn
State:
MA
County:
Essex
Postal Code:
01902
Longitude:
W71° 3' 8.8''
Latitude:
N42° 28' 8.5''
  • Google Map

Residential Income

43 Highrock Street, Lynn, Massachusetts

18 Bedrooms
6 Total Bathrooms
4,230 Sqft
$1,900,000
Listing ID #73535795
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,900,000
Bedrooms :
18
Rooms :
30
Total Bathrooms :
6
Full Bathrooms :
6
Square Footage :
4,230 Sqft
Year Built :
1900
Lot Area :
0.10 Acre
Listing ID :
73535795
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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