Sold
159 Blossom Street, Lynn, MA
Lynn · MA 01902
- $1,000,000
- Price
- 7
- Beds
- 5
- Baths
- 3072
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
5 Units
Lot size:
4,350 Sq.Ft Lot
Price per square foot:
$326 / Sq.Ft
Parking:
7 Off Street Spaces
About this home
INVEST HERE: Rare Brickyard find/Excellent rents w/positive cash flow/Fully tenanted/Property has been family owned & operated for over 40 years, w/no current management fees. Most tenants are on leases. Dumpster is shared with Brickyard Grille next door w/pick-up every other week. No barrels or bins to bring to the curb every week. Clean building. Good quiet tenants. Heat type varies per unit. Besides 7 car parking, there is extra tandem parking available, + generous on street, non permit parking. New year-round indoor pool 2 blocks away at YMCA. Walking distance to public & private schools, restaurants, buses (< 200 ft. away) to Boston & beyond, nearby commuter rail, colleges, pubs, entertainment, grocery stores, state parks, boating, the beach & more. Easy access to Lynnway. Small units~BIG rents. Property taxes (in a separate section) are not reflected in Net Operating Income. Water & Sewer $1500/yr. Bldg. Ins.= $3996 and Flood= $2600 both included in expenses. Call, do not text.
Neighborhood & Transit
159 Blossom Street, Lynn · MA 01902
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1467 days
- Listing Price:
- $1,000,000
- Price per Sq.Ft:
- $326
- Tax Assessment:
- $530,200 in 2022
- Taxes:
- $549 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 3,072 Sq.Ft
- Broker Disclosure about Living Area
- Easement for dumpster only. 3rd floor can be easily used as a 3 bedroom. Units 2 & 4 are studio+.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, Individually Metered
Exterior Features
- Lot Size
- 4,350 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 7 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Marianne James
- Listing office
- Marianne James Real Estate
- MLS PIN #
- 72965170
- Disclosure
- Extremely low maintenance. Dumpster to be shared with restaurant next door/Trash removal fee to be split 50/50. Fee for current dumpster is $199.75 bi-weekly. *New FEMA Guidelines requires flood insurance/According to owners, flooding occurred on their land during a street drain back up.
- Disclosure
- Easement for dumpster only. 3rd floor can be easily used as a 3 bedroom. Units 2 & 4 are studio+.
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