Sold

1-25 Munroe St, Lynn, MA

Lynn · MA 01901

$3,800,000
Price
10
Beds
8
Baths
18988
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 12 Units
Lot size: 0.29 Acre Lot
Price per square foot: $200 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

Rarely available downtown parcel in Lynn's CBD district. 12,599 sqft assemblage on the corner of Munroe Street and Market Street. Two buildings and parking lot available for sale. 1 Munroe Street features 1 retail unit and 6 gutted renovated units (2019) over 8215 sqft. High ceilings, new systems, electric service, plumbing, sprinkler, etc. Laundry rooms on each floor. Long term retail tenant. 21 Munroe Street features 5 newly vacated commercial units over 10,773 sqft. All residential units in 1 Munroe Street on leases through 8/31/2024. Lots of development options. Build 10 stories by right or keep as-is.

Neighborhood & Transit

1-25 Munroe St, Lynn · MA 01901

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Lynn Interim Commuter Rail 1 route 0.39 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
1254 days
Listing Price:
$3,799,999
Price per Sq.Ft:
$200
Tax Assessment:
$2,136,500 in 2023
Taxes:
$2,733 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
6
Half Bathrooms
4
Living Area
18,988 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Below Grade Living Space consists of finished commercial space
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
17988
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
200 Amps

Exterior Features

Lot Size
12,599 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Julius Sokol
Listing office
Lokos Realty & Management
MLS PIN #
73116878
Disclosure
Sold As-Is, Where-is. Buyer to Perform all due diligence
Disclosure
Below Grade Living Space consists of finished commercial space