Sold

11 Tilton Terrace, Lynn, MA

Lynn · MA 01902

$749,000
Price
5
Beds
4
Baths
3146
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 3,839 Sq.Ft Lot
Price per square foot: $238 / Sq.Ft
Parking: 2 Garage Spaces · 2 Off Street Spaces

About this home

**PROPERTY CAN NOW BE DELIVERED VACANT AT CLOSING**This is a rare opportunity to own a legal 4-unit building that's conveniently located on a lightly traveled dead-end street. The property is perfect for an owner occupancy, as a rental investment property, or an ideal 1031 exchange replacement property. The first-floor one-bedroom unit was rehabbed in 2022 with new flooring, kitchen, appliances, quartz countertops, and cabinets. Two additional large studios and a huge, 2-floor 4-bedroom unit on floors 2 and 3. Complete roof repair in 2022, including new metal flashing and siding replacement. New water heater and some updated electrical. Plenty of storage in the basement that is mostly above grade with two separate egresses for a possible 5th unit to be added (not approved). Large detached garage, shared backyard space, and a driveway for off-street parking (not currently assigned to any unit). There is a coin-op laundry washer and dryer in the basement that is included with the sale.

Neighborhood & Transit

11 Tilton Terrace, Lynn · MA 01902

Nearby transit

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

  • Lynn Interim Commuter Rail 1 route 0.25 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
1363 days
Listing Price:
$749,000
Price per Sq.Ft:
$238
Tax Assessment:
$557,700 in 2022
Taxes:
$578 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,146 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3146
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
3,839 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

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

Listing information

Listing agent
Vision Realty Group
Listing office
LAER Realty Partners
MLS PIN #
73035837
Disclosure
Property is sold as-is and the Seller makes no warranties or representations as to the condition or functionality of the systems.