124 Essex St, Lynn, MA 01902
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$1,049,900
3 Unit
9 Beds
3 Baths
3729 SQFT
0.11 Acre

Property Description

BUYERS & INVESTORS! EXPANSIVE & DELEADED 3-Family in East Lynn! Each unit features 6 Rooms w/ 3 Ample Sized Bedrooms,Living Room,Dining Room,Galley Kitchen,& 1 Full Bathroom. Immaculately maintained and managed building w/ High ceilings,Gleaming Hardwood Floors, and Plenty of Light Throughout! All utilities separate. Recent updates include new hot water heaters & 3 new oil tanks.Situated on a sizeable lot with a two story shed, backyard and plenty of parking-making it a rare find in this area. This property offers great versatility and value; zoned as business, you could run your own business from the property. Its desirable location in Lynn places you close to local amenities, public transportation, and major highways.Don’t miss your chance to own this property! Group Showing on Sunday 12/22 from 12:00PM-12:30PM. Be there at 12 please!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Partially Finished, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Internet Available - Unknown, Lead Certification Available, Pantry, Stone/Granite/Solid Counters, Tile Floor
  • Common Appliances: Microwave, Range, Refrigerator
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 90000
  • Gross Expenses: 18356
  • Water/Sewer: 5400
  • INSC: 4776
  • Net Operating Income: 71644

Utilities

  • Heat Zones: 3
  • Electric Info: 200 Amps, Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1904
  • Type: 3 Family
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73320374
  • Last Updated: 12/21/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/21/2024Active$1,049,900$282MLSPIN
12/17/2024New$1,049,900$282MLSPIN

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Seller's Representative: Sherre Weza, COM-PRO Real Estate Services, Inc
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-21 18:35:00

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