32-34-40 Ocean Avenue, Lynn, MA 01902 - MLS#73151418

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Ed Greable

[email protected] +1(617) 905-9128

$ 2,475,000

Est. payment -/mo

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Pending

32-34-40 Ocean Avenue Lynn, MA 01902

21 Beds

15 Baths

12,333 SqFt

UPDATED:

11/01/2024 04:24 PM

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 12,333 sqft

Price per Sqft $200

MLS Listing ID 73151418

Bedrooms 21

Full Baths 12

Half Baths 6

Year Built 1900

Annual Tax Amount $25,322

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Description

The Ocean Avenue Portfolio (32-34 & 40 Ocean Avenue) offers investors oceanfront properties with great views of Lynn Beach, Nahant and Boston. 32-34 Ocean Avenue is a 3-story residential building with rentable square footage of 3,861 and a total gross square footage of 6,145. The property consists of two (1) one-bedroom/1 bathroom, one (1) one-bedroom, and two (2) two-bedrooms/1.5-2 bathrooms. 40 Ocean Avenue is a 3-story residential building with rentable square footage of 8,472 and a total gross square footage of 10,052. The property consists of six (6) three-bedroom units/1.5 bathrooms and one (1) three-bedroom unit/2 bathrooms. Both properties have laundry facilities located in the basements, 10 to 11 off-street parking and ocean views.

Location

State MA

County Essex

Area Diamond District

Zoning R2

Direction Ocean Street right on Atlantic Terrace right on Ocean Avenue

Rooms

Basement Full, Partial

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, T-Station

Waterfront false

Waterfront Description Beach Front,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Roof Type Slate,Rubber

Parking Type Paved Drive

Total Parking Spaces 11

Garage No

Building

Story 7

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by North Shore Realty Advisors

Ed Greable

Agent | License ID: 9046843

+1(617) 905-9128

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