Lynnfield, MA 01940,62 Lincoln Avenue
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Lynnfield, MA 01940,62 Lincoln Avenue
Lynnfield, MA 01940,62 Lincoln Avenue
Lynnfield, MA 01940,62 Lincoln Avenue
Lynnfield, MA 01940,62 Lincoln Avenue

$1,026,000

Est. payment /mo

$999,900

2.6%
Est.Price: ?

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62 Lincoln Avenue Lynnfield, MA 01940

4 Beds

2 Baths

2,568 SqFt

SOLD DATE : 05/31/2023

Key Details

Sold Price $1,026,000

Property Type Multi-Family

Sub Type 2 Family - 2 Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 2,568 sqft

Price per Sqft $399

MLS Listing ID 73097540

Sold Date 05/31/23

Bedrooms 4

Full Baths 2

Year Built 1890

Annual Tax Amount $9,065

Tax Year 2023

Lot Size 0.470 Acres

Acres 0.47

Property Description

Rare opportunity to own a duplex style two-family in Lynnfield near the Center. This unique property is the perfect purchase to have rental income to offset the mortgage, an attractive downsize option, ideal for multigenerational living, or a strict income producing investment. Property is a great addition to any rental portfolio. The property features 2 townhouse units each in excellent condition with 2 bedrooms,1 full bath, hardwood floors, & separate walkout basements. An addition grants each unit a spacious family room leading to a deck. This unique property also offers a 2-car garage with an expansive area above accessed by a separate staircase. There are many options for this feature as the owner could use the building or could rent the space for additional income. Also, the second floor could be finished for an office, etc. There is a great yard with this property & it is located in wonderful residential neighborhood. This is a special opportunity that is rarely available!

Location

State MA

County Essex

Zoning RA

Direction Summer Street to Forest Hill to Lincoln

Rooms

Basement Walk-Out Access, Interior Entry, Unfinished

Interior

Interior Features Unit 1(Ceiling Fans, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Family Room), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room)

Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)

Flooring Wood, Tile, Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors, Stone/Ceramic Tile Floor)

Appliance Unit 1(Range), Unit 2(Range, Dishwasher)

Exterior

Exterior Feature Professional Landscaping

Garage Spaces 2.0

Roof Type Shingle

Total Parking Spaces 10

Garage Yes

Building

Lot Description Corner Lot

Story 4

Foundation Stone

Sewer Private Sewer

Water Public

Schools

Elementary Schools Summer Street

Middle Schools Lynnfield

High Schools Lynnfield

Others

Senior Community false

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Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with Steven Belesis Realty Group • Citylight Homes LLC

Peter Pezzano

Agent | License ID: 9520972

+1(617) 913-2730

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