Property Description
7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
Features
: No
: No
: No
: Unfinished
: No
: No
: No
: Off Street
: No
: No
: No
: No
: No
: Public Sewer
: No
: Public
: Sloped
: Individually Metered
: No
: No
: Unknown
: No
: No
: No
: No
: No
: Unit 1(water, Unit 2(water, Hot Water)
: No
: No
: No
: No
: No
: No
Additional Information
11
2024
Active
$224
R4
9
$1,900,000
: No
: Yes
No
New
Address Map
Lynn
Massachusetts
Essex
01905
W71° 1' 53''
N42° 27' 39.7''
Residential Income
7-9 Holland Ave, Lynn, Massachusetts
12 Bedrooms
9 Bathrooms
5,662 Sqft
$1,900,000
Listing ID #73315479
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Price : $1,900,000
Bedrooms : 12
Rooms : 30
Bathrooms : 9
Square Footage : 5,662 Sqft
Year Built : 1925
Lot Area : 0.13 Acre
Listing ID : 73315479
BathroomsFull : 9