116-124A Central new

Lynn,MA 01901

$ 5289000

- Bed

- Bath

17170 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 17,170 sqft

Price per Sqft $308

MLS Listing ID 73319695

HOA Y/N false

Year Built 1873

Annual Tax Amount $52,431

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Description

116-124A Central, Lynn, MA is a prime mixed-use property featuring 18 residential apartments and 3 retail spaces in a highly convenient downtown location, steps from public transportation. Located in an Opportunity Zone, this property offers significant investment advantages. Recent renovations include repointing the front masonry wall, full lead compliance, replacement of three main sewer lines, and complete renovations of 2 commercial spaces and 12 apartments. Additionally, the building features coin-operated laundry in the basement, adding extra income potential. This well-maintained property is a standout investment in the heart of Lynn.

Location

State MA

County Essex

Zoning Mixed-Use

Direction Central Ave

Others

Senior Community false

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