Rare investment opportunity to own a two building properties with 16 private parking spots. These two 6 units buildings are side by side, all with 2 bedrooms and 1 bath for each unit. Each unit has separate meter for heating and hot water. Tenants pay for their own utilities. All 12 units have compliance letters for de-lead. Roof was replaced in 2014. Matching Vinyl siding for both buildings. Identical floor plan for all units in the two buildings. Easy access off of Western Ave in lynn. Building are professionally managed and well maintained.

Property Details

Price:
$3,650,000
MLS #:
73360502
Status:
Active
Beds:
24
Baths:
12
Address:
14-18 Holland Ave
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
City:
Lynn
Listed Date:
Apr 16, 2025
State:
MA
Finished Sq Ft:
11,775
Total Sq Ft:
11,775
ZIP:
01905
Year Built:
1925
Units:
12

Schools

Interior

Bathrooms
12 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Highway Access, Public School
Parking Features
Paved Drive
Parking Spots
16

Financial

Net Operating Income
$207,061
Tax Year
2025
Taxes
$27,608

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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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14-18 Holland Ave
Lynn, MA