For Sale

30-32 High St, Lynn, MA

Lynn · MA 01844

$5,000,000
Price
34
Beds
25
Baths
15729
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 25 Units
Lot size: 0.25 Acre Lot
Price per square foot: $318 / Sq.Ft
Parking: 18 Off Street Spaces

About this home

Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.

Neighborhood & Transit

30-32 High St, Lynn · MA 01844

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:
106 days
Listing Price:
$5,000,000
Price per Sq.Ft:
$318
Tax Assessment:
$3,729,700 in 2027
Taxes:
$3,281 / Monthly

Home Facts

Interior Features

Bedrooms
34
Full Bathrooms
25
Half Bathrooms
0
Living Area
15,729 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
11235
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 400 Amps

Exterior Features

Lot Size
11,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
18 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
James Yannios
Listing office
Yannios R E Investment Sales
MLS PIN #
73552194