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Lynn,MA 01902
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,089 sqft
Price per Sqft $243
MLS Listing ID 73312289
Bedrooms 8
Full Baths 5
Year Built 1900
Annual Tax Amount $12
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
A few streets to the beach! 4-FAMILY plus SHOP in CARRIAGE HOUSE with endless possibilities! This 4-family + is located near King's Beach & Swampscott in the Diamond District. Newer roof, newer siding & many newer windows throughout. Property features sprinkler system for future condo readiness reduced insurance policy. Heating system for unit 1 is <10 years old, all other units have separate electric heat. Hot water is included in all rents. De-lead info available for Unit #1. All rents UNDER MARKET! Coin operated laundry in basement for tenants, garages rented at $150 monthly each & you still have 8 more parking spots for tenants! All tenants except Unit 3 are tenant-at-will, this property has potential to be very profitable, assessed at $ 1,149,000 priced to sell - incredible opportunity for savvy buyer City encourages development of ancillary structures (LOT over 7000 square feet) expand 5th unit, legal hobby-workshop, office/BUSINESS. Buyer completes independent due diligence.
Location
State MA
County Essex
Area Diamond District
Zoning R4 + shop
Direction ZONED 4 FAMILY - CONVENTIONAL FINANCING OPTIONS APPLY
Rooms
Basement Full
Interior
Heating Electric
Flooring Other
Exterior
Garage Spaces 2.0
Community Features Public Transportation,Park,Laundromat,Highway Access,Marina
Utilities Available for Gas Range
Waterfront false
Waterfront Description Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 10
Garage Yes
Building
Story 8
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools 4 Big Apartment
Middle Schools 10 Parking
High Schools Carriage House
Others
Senior Community false