For Sale

43 High Rock St, Lynn, MA

Lynn · MA 01902

$1,650,000
Price
18
Beds
6
Baths
4230
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 4,230 Sq.Ft Lot
Price per square foot: $390 / Sq.Ft
Parking: No Parking

About this home

Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

Neighborhood & Transit

43 High Rock St, Lynn · MA 01902

Nearby transit

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

  • Lynn Interim Commuter Rail 1 route 0.45 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
138 days
Listing Price:
$1,650,000
Price per Sq.Ft:
$390
Tax Assessment:
$154,200 in 2025
Taxes:
$1,326 / Monthly

Home Facts

Interior Features

Bedrooms
18
Full Bathrooms
6
Half Bathrooms
0
Living Area
4,230 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4230
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
4,230 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

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
Eugene Clements
Listing office
Clements Realty Group
MLS PIN #
73535795