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You are here:
Home Massachusetts Lynn Multi-Family Homes for Sale

49-51 Rock Ave Lynn, MA 01902

$980,000
3 Unit
9 Beds
3 Baths
4245 SQFT
0.11 Acre
49-51 Rock Ave
Lynn, MA 01902

Property Description

MULTIPLE OFFER SITUATION *** This expansive 3-family property in Lynn is a fantastic opportunity, whether you're an investor or looking to occupy one unit while renting out the others. Each unit features 3 bedrooms and 1 bath, offering ample space and comfort. The property boasts separate utilities for each unit, ensuring convenience and flexibility. Additional highlights include a 2-car garage and plenty of off-street parking, making it a rare find in this area. This home is more than just a place to live—it's a smart investment. Whether you're looking to generate rental income or occupy one unit while renting out the others, this property offers versatility and value. Its desirable location in Lynn places you close to local amenities, public transportation, and major highways, making it an attractive option for a wide range of potential tenants. Don’t miss your chance to own this property!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Public School, Public Transportation, Shopping
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Projected
  • Gross Operating Income: 97200
  • Gross Expenses: 8923
  • Electric Expenses: 205
  • Water/Sewer: 4675
  • INSC: 3974
  • Miscellaneous Expense: 69

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Foundation Info: Poured Concrete
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73277847
  • Last Updated: 08/20/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
08/20/2024Contingent$980,000$231MLSPIN
08/18/2024Active$980,000$231MLSPIN
08/14/2024New$980,000$231MLSPIN

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Seller's Representative: Viva Real Estate Team, eXp Realty

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-08-20 12:29:00