Sold

39 Cottage St, Lynn, MA

Lynn · MA 01905

$617,000
Price
6
Beds
3
Baths
2931
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1925
Units: 3 Units
Lot size: 2,280 Sq.Ft Lot
Price per square foot: $196 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Priced to Sell Quickly! Whether you're an Investor or an owner-occupant looking to update to taste take notice, this is the best deal on the market and if you don't stop by the open house this weekend, you likely will not have another chance to buy this large three-family. Each unit is almost 1000 square feet and has good-sized rooms. Currently fully occupied with tenants-at-will. Each unit features an eat-in kitchen with galley, full bathroom, 2 good-sized bedrooms and a living room. Savvy buyer may convert kitchen into kitchen/living room and use current living room as a third bedroom. This property could use some updating but has the potential to be a cash-cow as rents in Lynn are up. Great way to add to portfolio or offset mortgage. House has 3 gas meters,3 hot water tanks, 3 heating systems, 4 electric panels, and extra storage in basement. Low-Maintenance exterior. Convenient location close to bus lines, restaurants, shops, Northern Strand Rail Trail, and under 10 miles to Boston

Neighborhood & Transit

West Lynn

39 Cottage St, 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:
1468 days
Listing Price:
$574,900
Price per Sq.Ft:
$196
Tax Assessment:
$498,900 in 2022
Taxes:
$517 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,931 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
100 Amps, Other (See Remarks), Individually Metered

Exterior Features

Lot Size
2,280 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 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
Nicholas Newhall
Listing office
Century 21 Tradition
MLS PIN #
72999401
Disclosure
Seller has never lived in property; Seller unaware if tenants have audio/visual equipment in unit;Photos only of common area & first floor unit but similar layouts in all units; Check with lender about flood insurance as it appears to possibly be on edge of current flood zone;Rents well below market