FOUR Commercial store front (consisting of ONE condo). Great income, minimal expenses make this property a great investment. Condo fee of $350.00 monthly includes master insurance, water, sewer, exterior maintenance, etc. Centrally located near public transportation. Great money maker, perfect for a 1031 tax exchange, GREAT INVESTMENT! Union Cafe $3,500. month. Sonia Driving School $2,000. month. Hair Salon $1,650. month. Grocery Store $1,650. month. Tenants pay all utilities.

Property Details

Price:
$1,699,900
MLS #:
73190153
Status:
Active
Beds:
0
Baths:
0
Address:
7 Central Square
Type:
Commercial
City:
Lynn
Listed Date:
Jan 3, 2024
State:
MA
Finished Sq Ft:
3,697
ZIP:
01901

Schools

Interior

Exterior

Financial

Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$8,610

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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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7 Central Square
Lynn, MA