Under Agreement

29-35 Sagamore St, Lynn, MA

Lynn · MA 01902

$2,649,000
Price
18
Beds
12
Baths
8694
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 12 Units
Lot size: 0.26 Acre Lot
Price per square foot: $305 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.

Neighborhood & Transit

29-35 Sagamore St, Lynn · MA 01902

Nearby transit

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

  • Lynn Interim Commuter Rail 1 route 0.34 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
160 days
Listing Price:
$2,649,000
Price per Sq.Ft:
$305
Tax Assessment:
$9 in 2025
Taxes:
$1 / Monthly

Home Facts

Interior Features

Bedrooms
18
Full Bathrooms
12
Half Bathrooms
0
Living Area
8,694 Sq.Ft
Broker Disclosure about Living Area
Approximate. Some data sources from public record
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
8694
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
11,469 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
12 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
Daniel Alper
Listing office
Boston Realty Advisors
MLS PIN #
73525911
Disclosure
Approximate. Some data sources from public record