Off Market
44 Essex St, Lynn, MA
Lynn · MA 01902
- $1,700,000
- Price
- 9
- Beds
- 4
- Baths
- 4131
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
4 Units
Lot size:
5,000 Sq.Ft Lot
Price per square foot:
$412 / Sq.Ft
Parking:
4 Off Street Spaces
About this home
MASH-certified apartment building on the Lynn/Swampscott line, providing beds for 17 clients plus a live-in manager. Each floor is self-contained with a private kitchen, living room, den, and bathroom. First floor 6 rooms / 2 bedrooms, second floor 6 rooms / 3 bedrooms, third floor 6 rooms / 4 bedrooms. All bedrooms are double occupancy and 100% occupied at $795 monthly rent per bed. Conveniently located on a bus line with shops across the street. Upgraded heating and hot water systems installed within the last two years. The roof is less than 10 years old. Turnkey opportunity. Off-street parking, fenced-in backyard, rear decks off of each floor. Quiet family neighborhood. The property is in very good shape with nothing left to do. Cap Rate 8.24%, Cash On Cash Return 12.4%. Owner financing provided.
Neighborhood & Transit
44 Essex St, Lynn · MA 01902
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Swampscott Commuter Rail 1 route 0.29 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 938 days
- Listing Price:
- $1,700,000
- Price per Sq.Ft:
- $412
- Tax Assessment:
- $814,200 in 2023
- Taxes:
- $757 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 4,131 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4131
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 5,000 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 4 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Raymond Clements
- Listing office
- Investment Property Advisors
- MLS PIN #
- 73222386
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