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7-9 Holland Ave, Lynn, MA

Lynn · MA 01905

$1,950,000
Price
12
Beds
9
Baths
8493
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1925
Units: 9 Units
Lot size: 5,662 Sq.Ft Lot
Price per square foot: $224 / Sq.Ft
Parking: 11 Off Street Spaces

About this home

7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. 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

7-9 Holland Ave, 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:
709 days
Listing Price:
$1,900,000
Price per Sq.Ft:
$224
Tax Assessment:
$1,980,900 in 2024
Taxes:
$1,578 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
9
Half Bathrooms
0
Living Area
8,493 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
8493
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
5,662 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
11 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
Dennis Kelleher
Listing office
Horvath & Tremblay
MLS PIN #
73315479