Off Market
148 Liberty St, Lynn, MA
Lynn · MA 01901
- $4,900,000
- Price
- 31
- Beds
- 24
- Baths
- 13376
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1943
Units:
24 Units
Lot size:
4,817 Sq.Ft Lot
Price per square foot:
$366 / Sq.Ft
Parking:
No Parking
About this home
148 Liberty Street located in downtown Lynn is a handsome brick 4-story elevator apartment building consisting of twenty-four (24) residential units. The asset offers an attractive unit mix of seven (7) two-bedroom units, and seventeen (17) one-bedroom units with recently renovated common areas. The offering presents a strong value-add opportunity for investors with an entry cap-rate of 5.8% and a stabilized cap rate of 7.7%. The property is surrounded by many amenities, restaurants, commuting routes into Boston, and public transportation. Tenants are responsible for their own separately metered utilities such as heat, hot water, and electric making this an ideal investment. The property has undergone a number of capital improvements such as common area lighting, flooring, painting, masonry pointing, hot water tank replacements.
Neighborhood & Transit
148 Liberty St, Lynn · MA 01901
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Lynn Interim Commuter Rail 1 route 0.42 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 698 days
- Listing Price:
- $4,900,000
- Price per Sq.Ft:
- $366
- Tax Assessment:
- $3,899,400 in 2024
- Taxes:
- $3,422 / Monthly
Home Facts
Interior Features
- Bedrooms
- 31
- Full Bathrooms
- 24
- Half Bathrooms
- 0
- Living Area
- 13,376 Sq.Ft
- Broker Disclosure about Living Area
- Total Gross area 16,736
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 13376
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 400 Amps
Exterior Features
- Lot Size
- 4,817 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
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
- Dan Pouladian
- Listing office
- North Shore Realty Advisors
- MLS PIN #
- 73317676
- Disclosure
- Total Gross area 16,736
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