Sold

632 Boston St, Lynn, MA

Lynn · MA 01905

$800,000
Price
6
Beds
5
Baths
4347
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1870
Units: 5 Units
Lot size: 6,457 Sq.Ft Lot
Price per square foot: $182 / Sq.Ft
Parking: 2 Garage Spaces · 7 Off Street Spaces

About this home

Perfect opportunity to own this 5 unit mixed use property on the Saugus line!!!! This building features 3 residential units and 2 commercial spaces located on a corner lot. Unit 1 offers 1 bedroom, living room with hardwood floors and an updated kitchen & bath. Unit 2 is a 3 bedroom, living room and kitchen on 2 levels of living space. Unit 3 is a 2 bedroom, living room and updated kitchen. There is a street level established nail salon in the front of the building. On the other side is another commercial space with an office, bathroom and 2 heated garage spaces. There is coin-operated laundry area in the building. There is plenty of off street parking with 2 driveways on each side of the building for up to 7 cars. There is also a large back yard that is almost completely fenced in. All units have separate utilities. Currently the rents are below market value. All tenants are tenant at will except for the nail salon that is in a lease until the end of July 2023.

Neighborhood & Transit

East Lynn

632 Boston 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:
1429 days
Listing Price:
$789,000
Price per Sq.Ft:
$182
Tax Assessment:
$577,300 in 2022
Taxes:
$598 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
4
Half Bathrooms
2
Living Area
4,347 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4347
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
6,457 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Shingles
Roof
Unknown

Green Features

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

Listing information

Listing agent
Barbara Aceto
Listing office
Fudge Properties
MLS PIN #
73062967
Disclosure
Currently the total income of rent is $6400 per month which includes the 2 commercial spaces.