Sold
81 Hawthorne St, Lynn, MA
Lynn · MA 01902
- $682,000
- Price
- 5
- Beds
- 2.5
- Baths
- 2096
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
2 Units
Lot size:
2,527 Sq.Ft Lot
Price per square foot:
$322 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
Best place to invest money in any economy - multi-family real estate. This well cared-for 2-family promises a great store of value & debt coverage ratio for your future. It boasts a 6% Cap Rate & a nice turn-key building which could increase your cash flow, or be an inviting home, with a supplemental unit, to help offset costs. The 1st floor unit is comprised of a 2-bed, 1 full bath apartment with hardwood floors throughout, granite counters & newly fitted stainless appliances with full tub & a rear deck. The 2nd floor unit houses a 3-bed, 1.5 bath across 2 living levels. Eat-in kitchens with comfortable layouts & direct access to decks make for nice usable spaces. Each unit is equipped with a hot water boiler, fueled by oil, & share a washer/dryer in the basement. Vinyl windows & siding mean maintenance is relatively low, with an opportunity to increase rents (both TAWs) in burgeoning Lynn market. 3 off-street parking & reliable tenants with solid rental history make it a solid choice
Neighborhood & Transit
81 Hawthorne St, Lynn · MA 01902
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:
- 1280 days
- Listing Price:
- $675,000
- Price per Sq.Ft:
- $322
- Tax Assessment:
- $576,100 in 2023
- Taxes:
- $535 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Living Area
- 2,096 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2096
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 200 Amps
Exterior Features
- Lot Size
- 2,527 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Clapboard, 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
- Andrew Maxfield
- Listing office
- Maxfield & Company Real Estate
- MLS PIN #
- 73106210
- Disclosure
- Seller Disclosure in hand. Mutual easements over neighboring driveway to allow both properties access to respective parking areas. Seller's proceeds to be paid to 1031 exchange intermediary.
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1 matching listing
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