44 A&B Park St. Lynn, MA

$1,224,995
Beds 12
Baths 3
Square Feet 4,740
Acres 0.08
Photo of 44 A&B Park St. Lynn MA 01905




Description

Prime Investment Opportunity, 6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for a showing!


Listed by Century 21 Shawmut Properties, J. Michael Brasco

Details

MLS 73542427
Status Active
Price $1,224,995
DOM 102 days
Type Multi-Family
Beds 12
Baths 3 full baths
Square Feet 4,740 sqft
Lot Size 0.08 acres
Year Built 1880

Lot & Building Features

Appliances Freezer, Refrigerator, Range
Construction Frame
Heating Oil, Natural Gas
Sewer Public Sewer
Tax Year 2025
Taxes Paid $9,297
Water Public
Foundation Stone
Exterior Features Balcony/Deck
Interior Features Pantry, Bathroom With Tub & Shower, Living Room, Kitchen, Internet Available - Unknown
Roof Rubber
Full Baths 3
Parking Paved, Paved Drive, Off Street
Total Rooms 18
Basement Feature Concrete, Interior Entry, Full
Garage Spaces 0
Waterfront 1 to 2 Mile To Beach, Ocean, Beach Ownership(Public)

Schools

Elementary School Lps
Junior High School Lps
Senior High School Lps

Multi-Family Home for Sale: 44 A&B Park St., Lynn, MA 01905

Map

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Financing

$
20%
1%
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.


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