Sold

62 Lincoln Ave, Lynnfield, MA

Lynnfield · MA 01940

$1,026,000
Price
4
Beds
2
Baths
2568
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 2 Units
Lot size: 0.47 Acre Lot
Price per square foot: $389 / Sq.Ft
Parking: 2 Garage Spaces · 10 Off Street Spaces

About this home

Rare opportunity to own a duplex style two-family in Lynnfield near the Center. This unique property is the perfect purchase to have rental income to offset the mortgage, an attractive downsize option, ideal for multigenerational living, or a strict income producing investment. Property is a great addition to any rental portfolio. The property features 2 townhouse units each in excellent condition with 2 bedrooms,1 full bath, hardwood floors, & separate walkout basements. An addition grants each unit a spacious family room leading to a deck. This unique property also offers a 2-car garage with an expansive area above accessed by a separate staircase. There are many options for this feature as the owner could use the building or could rent the space for additional income. Also, the second floor could be finished for an office, etc. There is a great yard with this property & it is located in wonderful residential neighborhood. This is a special opportunity that is rarely available!

Neighborhood & Transit

62 Lincoln Ave, Lynnfield · MA 01940

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:
1302 days
Listing Price:
$999,900
Price per Sq.Ft:
$389
Tax Assessment:
$802,200 in 2023
Taxes:
$755 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,568 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2568
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
20,277 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Aluminum, 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
Helen Bolino
Listing office
Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS PIN #
73097540
Disclosure
Rents are below market value. Separate utilities and walk out basements