Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!
- Heating System:
- Forced Air, Baseboard, Natural Gas, Hot Water
- Basement:
- Full, Unfinished
- Parking:
- Off Street, Paved, Paved Drive
- Appliances:
- Range, Microwave, Refrigerator
- Construction:
- Frame
- Exterior Unit Features:
- Balcony, Balcony/deck
- Flooring:
- Tile, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Garage Parking
- Interior Features:
- Kitchen, Upgraded Cabinets, Bathroom With Tub & Shower, Living Room, Upgraded Countertops, Remodeled
- Lead Paint:
- Unknown
- Market Time:
- 4
- Parking Spaces:
- 3
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $293
- Zoning:
- R2
- No Units:
- 3
- Orig Price:
- $1,199,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01902
- Longitude:
- W71° 2' 50.4''
- Latitude:
- N42° 28' 3''
Residential Income
162 Washington St, Lynn, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,199,000
- Bedrooms :
- 11
- Rooms :
- 17
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 4,088 Sqft
- Year Built :
- 1890
- Lot Area :
- 0.08 Acre
- Listing ID :
- 73546120
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com