1-25 Munroe Street Lynn, MA SOLD
$3,800,000
Beds 10
Baths 8
Square Feet 18,988
Acres 0.29
Contact Us
Sold By
Gaetano Contaldi, Advisors Living - Boston
Description
Rarely available downtown parcel in Lynn's CBD district. 12,599 sqft assemblage on the corner of Munroe Street and Market Street. Two buildings and parking lot available for sale. 1 Munroe Street features 1 retail unit and 6 gutted renovated units (2019) over 8215 sqft. High ceilings, new systems, electric service, plumbing, sprinkler, etc. Laundry rooms on each floor. Long term retail tenant. 21 Munroe Street features 5 newly vacated commercial units over 10,773 sqft. All residential units in 1 Munroe Street on leases through 8/31/2024. Lots of development options. Build 10 stories by right or keep as-is.
Listed by Lokos Realty & Management, Julius Sokol
Sold by Advisors Living - Boston, Gaetano Contaldi
Details
MLS 73116878
Status Closed
Price $3,800,000
DOM 547 days
Type Multi-Family
Beds 10
Total Baths 6 full, 4 half baths
Square Feet 18,988 sqft
Lot Size 0.29 acres
Year Built 1900
Lot & Building Features
Construction Brick, Frame
Sewer Public Sewer
Tax Year 2023
Taxes Paid $32,797
Water Public
Foundation Granite
Interior Features Laundry Room
Roof Rubber
Full Baths 6
Half Baths 4
Parking Off Street, Paved Drive
Total Rooms 99
Basement Feature Partially Finished
Garage Spaces 0
Waterfront 1 to 2 Mile To Beach, Ocean, Beach Ownership(Public), Beach Front
Map
Get Directions
Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.