Property Description

Prime Investment Opportunity, 5.6+ 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 your private showing.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 12
  • Total Full Baths: 3
  • Amenities: Laundromat, Park, Public School, Public Transportation
  • Basement Features: Concrete Floor, Full, Interior Access
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Internet Available - Unknown, Pantry
  • Common Appliances: Freezer, Range, Refrigerator
  • Common Heating: Electric Baseboard, Extra Flue, Gas, Heat Pump, Oil, Radiant

Financial

  • APOD Available: No
  • Gross Operating Income: 108264
  • Net Operating Income: 108264

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1880
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73542427
  • Last Updated: 06/27/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/26/2026New$1,325,000$280MLSPIN
08/01/2024Expired$1,324,900$280MLSPIN
06/27/2024Temporarily Withdrawn$1,324,900$280MLSPIN
04/17/2024Active$1,324,900$280MLSPIN
04/13/2024New$1,324,900$280MLSPIN

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Seller's Representative: Jason Barenholtz, Century 21 Shawmut Properties
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 2026-06-27 03:30:00