Off Market

116-124A Munroe St, Lynn, MA

Lynn · MA 01901

$5,189,000
Price
18
Beds
21
Baths
17120
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 21 Units
Lot size: 4,109 Sq.Ft Lot
Price per square foot: $303 / Sq.Ft
Parking: No Parking

About this home

116-124A Central, Lynn, MA is a prime mixed-use property featuring 18 residential apartments and 3 retail spaces in a highly convenient downtown location, steps from public transportation. Located in an Opportunity Zone, this property offers significant investment advantages. Recent renovations include repointing the front masonry wall, full lead compliance, replacement of three main sewer lines, and complete renovations of 2 commercial spaces and 12 apartments. Additionally, the building features coin-operated laundry in the basement, adding extra income potential. This well-maintained property is a standout investment in the heart of Lynn. The office phone number 617-564-1381.

Neighborhood & Transit

116-124A 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 0.28 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
690 days
Listing Price:
$5,189,000
Price per Sq.Ft:
$303
Tax Assessment:
$395,230 in 2024
Taxes:
$4,369 / Monthly

Home Facts

Interior Features

Bedrooms
18
Full Bathrooms
21
Half Bathrooms
0
Living Area
17,120 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
17120
Flooring
Unknown
Lead paint
Yes

Utilities

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

Exterior Features

Lot Size
4,109 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Oleg Elisev
Listing office
Greenville Real Estate Group, Inc.
MLS PIN #
73319745