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39 Newhall St, Lynn, MA

Lynn · MA 01902

$4,400,000
Price
31
Beds
23
Baths
16052
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 23 Units
Lot size: 6,098 Sq.Ft Lot
Price per square foot: $283 / Sq.Ft
Parking: No Parking

About this home

39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

Neighborhood & Transit

39 Newhall St, Lynn · MA 01902

Nearby transit

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

  • Lynn Interim Commuter Rail 1 route 0.25 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
609 days
Listing Price:
$4,550,000
Price per Sq.Ft:
$283
Tax Assessment:
$3,396,300 in 25
Taxes:
$2,932 / Monthly

Home Facts

Interior Features

Bedrooms
31
Full Bathrooms
23
Half Bathrooms
0
Living Area
16,052 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
16052
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
6,098 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Clapboard, Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Kelleher - Pentore Team
Listing office
Horvath & Tremblay
MLS PIN #
73340893
Disclosure
8 Suffolk St has De-Leading Compliance documents. 39 Newhall lead paint status is unknown