MIXED USE PROPERTY !! CONSISTS OF FIVE FAMILY BUILDING UNATACHED TO FOUR COMMERCIAL STORES NINE UNITS TOTAL.. PARKING IN REAR FOR TENANTS AND STORES. SUBSTANTIAL AMOUNT OF NEW DEVELOPEMENT ENHANCING THE AREA .. RESIDENTIAL UNITS INCLUDE 3-1BRS 1-3BR .. STORES ARE ALL LEASED AND IN GREAT LOCATION FOR BUSINESS..

Property Details

Price:
$1,950,000
MLS #:
73236516
Status:
Pending
Beds:
7
Baths:
5
Address:
228-244 Washington St
Type:
Multi Family
Subtype:
5-9 Family
City:
Lynn
Listed Date:
May 12, 2024
State:
MA
ZIP:
01902
Lot Size:
12,185 sqft / 0.28 acres (approx)
Year Built:
1923
Units:
5

Schools

Interior

Bathrooms
5 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Parking Features
Paved Drive, Off Street, Assigned
Parking Spots
19

Financial

Net Operating Income
$104,124
Tax Year
2024
Taxes
$13,450

Map

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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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228-244 Washington St
Lynn, MA