71 Harwood St Lynn, MA
$3,300,000
Beds 12
Baths 12
Square Feet 10,224
Acres 0.18
Description
Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.
Listed by Lamacchia Realty, Inc., Katy Loucks
Details
MLS 73561330
Status Active
Price $3,300,000
DOM 25 days
Type Multi-Family
Beds 12
Baths 12 full baths
Square Feet 10,224 sqft
Lot Size 0.18 acres
Year Built 1905
Lot & Building Features
Construction Frame
Sewer Public Sewer
Tax Year 2025
Taxes Paid $24,526
Water Public
Foundation Stone
Roof Rubber
Full Baths 12
Parking Paved, Paved Drive, Off Street
Total Rooms 36
Basement Feature Unfinished
Garage Spaces 0
Map
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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.

