Welcome to 11 Evelyn Street, a fantastic opportunity for investors seeking to expand their rental portfolio in a vibrant community. This well-maintained multifamily property features three spacious units, each offering unique charm and functionality. With a history of consistent occupancy and reliable rental income, this property is a solid addition to any investment strategy. Opportunities for renovation and updates can further increase rental income and property value. Whether you’re an experienced investor or looking to enter the multifamily market, 11 Evelyn Street offers the perfect blend of location, income potential, and charm. Don’t miss your chance to own this prime investment property! Schedule your showing today and explore the possibilities that await!

Property Details

Price:
$899,900
MLS #:
73305686
Status:
Active
Beds:
6
Baths:
3
Address:
11 Evelyn Street
Type:
Multi Family
Subtype:
3 Family
City:
Lynn
Listed Date:
Oct 23, 2024
State:
MA
Finished Sq Ft:
2,462
Total Sq Ft:
2,462
ZIP:
01902
Lot Size:
4,302 sqft / 0.10 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Wood

Exterior

Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Tandem
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$71,700
Tax Year
2024
Taxes
$8,182

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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11 Evelyn Street
Lynn, MA