Prime Investment Opportunity, 5.6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there’s potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don’t miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.
- Heating System:
- Oil, Natural Gas
- Basement:
- Full, Interior Entry, Concrete
- Parking:
- Off Street, Paved, Paved Drive
- Appliances:
- Range, Refrigerator, Freezer
- Construction:
- Frame
- Exterior Unit Features:
- Balcony/deck
- Flooring:
- Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Pet friendly with restriction: dogs 40lbs or less
- Garage Parking
- Interior Features:
- Internet Available - Unknown, Kitchen, Bathroom With Tub & Shower, Pantry, Living Room
- Lead Paint:
- Certified Treated
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water)
- Grade School:
- Lps
- High School:
- Lps
- Middle School:
- Lps
- Market Time:
- 4
- Parking Spaces:
- 1
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $280
- Zoning:
- R4
- No Units:
- 3
- Orig Price:
- $1,325,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01905
- Longitude:
- W71° 2' 19''
- Latitude:
- N42° 27' 54.1''
Residential Income
44 A&B Park St., Lynn, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,325,000
- Bedrooms :
- 12
- Rooms :
- 18
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 4,740 Sqft
- Year Built :
- 1880
- Lot Area :
- 0.08 Acre
- Listing ID :
- 73542427
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
