Prime Investment Opportunity. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there’s potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don’t miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.

Property Details

Price:
$1,324,900
MLS #:
73223747
Status:
Active
Beds:
12
Baths:
3
Address:
44 A&B Park St.
Type:
Multi Family
Subtype:
3 Family
City:
Lynn
Listed Date:
Apr 13, 2024
State:
MA
Finished Sq Ft:
4,740
ZIP:
01905
Lot Size:
3,584 sqft / 0.08 acres (approx)
Year Built:
1880

Schools

Elementary School:
Lps
Middle School:
Lps
High School:
Lps

Interior

Appliances
Range, Refrigerator, Freezer
Bathrooms
3 Full Bathrooms
Flooring
Hardwood
Heating
Natural Gas, Oil

Exterior

Community Features
Public Transportation, Park, Laundromat, Public School
Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
1
Roof
Rubber

Financial

Buyer Agent Compensation
2%
Net Operating Income
$102,420
Tax Year
2024
Taxes
$8,881

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby

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.,…

More About James
44 A&B Park St.
Lynn, MA