Sold

16 Trinity Ave, Lynn, MA

Lynn · MA 01902

$1,025,000
Price
12
Beds
3
Baths
4710
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 7,230 Sq.Ft Lot
Price per square foot: $218 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

16 Trinity Ave (the Property) is a HUGE three story building containing (3), 4-Bedroom/1-Bathroom units with 4,710 square feet of living area in 6,776 total SF on a 0.166-acre parcel of land with ample on-site parking. Two of the three residential units in the large multi-family building were recently renovated (one within the last several months). The top floor?s renovations included condominium quality finishes throughout. In-place leases are below market rates; the opportunity exists to upgrade the unrenovated unit interiors and unfinished attic space to drive rental rates in an urban-infill, high demand/supply-constrained residential market. 16 Trinity Avenue is well-located in a densely populated residential neighborhood adjacent to downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities around Lynn?s Central Square, the primary commercial area in Downtown Lynn that offers convenient access to an array of ?downtown? amenities

Neighborhood & Transit

16 Trinity Ave, Lynn · MA 01902

Nearby transit

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

  • Lynn Interim Commuter Rail 1 route 0.46 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
1301 days
Listing Price:
$1,025,000
Price per Sq.Ft:
$218
Tax Assessment:
$869,100 in 2023
Taxes:
$808 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
3
Half Bathrooms
0
Living Area
4,710 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4710
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
7,230 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 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
Stephen Girolamo
Listing office
Horvath & Tremblay
MLS PIN #
73097942
Disclosure
Unit 3 is vacant; Rent is set to market in as-is condition