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340 Parkland Ave, Lynn, MA

Lynn · MA 01905

$2,600,000
Price
17
Beds
12
Baths
8280
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1968
Units: 12 Units
Lot size: 9,016 Sq.Ft Lot
Price per square foot: $302 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

340 Parkland Ave contains 12 units comprised of (7) 1-Bedroom/1-Bathroom units and (5) 2-Bedroom/1-Bathroom units. The Property features an on-site laundry facility and parking for 12 vehicles. In-place leases are significantly below market rates; the opportunity exists to drive rental rates in an urban-infill, high demand/supply-constrained residential market. 340 Parkland Avenue is well-located in a densely populated residential neighborhood 1.75-miles northwest of Downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities along Boston Street and Western Avenue. Additionally, The Property is 2-miles from the Central Square commuter rail station with services to Boston?s North Station, and 12 miles from Downtown Boston.

Neighborhood & Transit

340 Parkland Ave, Lynn · MA 01905

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:
825 days
Listing Price:
$2,500,000
Price per Sq.Ft:
$302
Tax Assessment:
$2,067,100 in 2024
Taxes:
$1,814 / Monthly

Home Facts

Interior Features

Bedrooms
17
Full Bathrooms
12
Half Bathrooms
0
Living Area
8,280 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
8280
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
9,016 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
Dennis Kelleher
Listing office
Horvath & Tremblay
MLS PIN #
73272572