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$ 5,000,000
Est. payment /mo
New
30-32 High Lynn, MA 01844
34 Beds
25 Baths
15,729 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 15,729 sqft
Price per Sqft $317
MLS Listing ID 73552194
Bedrooms 34
Full Baths 25
Year Built 1890
Annual Tax Amount $39,376
Tax Year 2027
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.
Location
State MA
County Essex
Direction o
Rooms
Basement Full
Interior
Flooring Tile, Vinyl, Varies
Exterior
Community Features Public Transportation, Shopping, Laundromat
Utilities Available for Electric Oven
Roof Type Shingle,Rubber
Total Parking Spaces 18
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Yannios R E Investment Sales