Sold

16 Hanover St, Lynn, MA

Lynn · MA 01902

$915,000
Price
8
Beds
3
Baths
3678
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 2 Units
Lot size: 9,604 Sq.Ft Lot
Price per square foot: $239 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Welcome to this spacious 2-family home featuring an additional studio with a full bath, perfect for generating extra income or hosting guests. The first floor offers 2 bedrooms and 1 bath, while the second floor includes 5 bedrooms, one of which is designed as an office space, and 1 bath, equipped with modern amenities, including separate utilities for each unit. Both water heaters were installed in 2021, a water filtration system installed in 2018 services the entire property. Additionally, a brand-new heating system was installed in 2023. The roof is approximately 12 years old, ensuring durability and reliability. The basement provides ample space with sufficient height to stand around comfortably. The yard is expansive ready for your creative touch. The attached studio, currently operating as a licensed daycare center, presents a unique opportunity to run a small business from home. Conveniently located, this home combines comfort and practicality with the potential for monetization

Neighborhood & Transit

16 Hanover St, 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:
874 days
Listing Price:
$879,000
Price per Sq.Ft:
$239
Tax Assessment:
$824,100 in 2024
Taxes:
$723 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,678 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3678
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
9,604 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 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
The Movement Group
Listing office
Compass
MLS PIN #
73250910
Disclosure
Seller occupies unit 2. Unit 1 can be delivered vacant at time of closing TAW. Solar Panel is a 25 year lease that started in 2016 at $66.54 /month, Studio is paid on same utilities as unit 2. Seller will leave the shed closest to basement. PR states 8 bd 2.5 ba Studio has full bath