4 - 4A Broad Open House

Lynn,MA 01950

$ 995000

8 Beds

5 Baths

4089 SqFt


OPEN HOUSE

Thu Nov 14, 12:00pm - 2:00pm 

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,089 sqft

Price per Sqft $243

MLS Listing ID 73312289

Bedrooms 8

Full Baths 5

Year Built 1900

Annual Tax Amount $12

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

A few streets to the beach! 4-FAMILY plus SHOP in CARRIAGE HOUSE with endless possibilities! This 4-family + is located near King's Beach & Swampscott in the thriving city of LYNN. Newer roof, newer siding & many newer windows throughout. Property features sprinkler system for future condo readiness reduced insurance policy. Heating system for unit 1 is <10 years old, all other units have separate electric heat. Hot water is included in all rents. De-lead info available for Unit #1. All rents UNDER MARKET! Coin operated laundry in basement for tenants, garages rented at $150 monthly each & you still have 8 more parking spots for tenants! All tenants except Unit 3 are tenant-at-will, this property has potential to be very profitable, assessed at $ 1,149,000 priced to sell - incredible opportunity for savvy buyer City encourages development of ancillary structures (LOT over 7000 square feet) expand 5th unit, legal hobby-workshop, office/BUSINESS. Buyer completes independent due diligenc

Location

State MA

County Essex

Area Diamond District

Zoning R4 + shop

Interior

Heating Electric

Flooring Other

Exterior

Garage Spaces 2.0

Community Features Public Transportation,Park,Laundromat,Highway Access,Marina

Utilities Available for Gas Range

Waterfront false

Waterfront Description Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Building

Story 8

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Open House

Middle Schools Thursday 11/14

High Schools 12:00 To 2:00Pm

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