$1,026,000
$999,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
62 Lincoln Avenue Lynnfield, MA 01940
4 Beds
2 Baths
2,568 SqFt
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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Bought with Steven Belesis Realty Group • Citylight Homes LLC