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You are here:
Contingent
23 Photos
$1,100,000
3 Unit
8 Beds
3 Baths
3483 SQFT
0.08 Acre
8 Breed Sq
Lynn, MA 01905

Property Description

Discover a prime investment opportunity in Lynn, MA, with a charming multi-family home that awaits. This property features three inviting units, each with 2-3 bedrooms and 1 bathroom, offering a modern and welcoming atmosphere ideal for tenants. With a successful rental history and recent updates to all utilities, it is ready to provide consistent and reliable income from the start. Enjoy the convenience of off-street parking in a vibrant neighborhood, just steps away from local shops, dining, and public transportation. Positioned perfectly amidst Lynn's ongoing revitalization, this property presents a remarkable chance to capitalize on the city’s growth. Don’t miss out on this opportunity.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Internet Available - Unknown
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 62400
  • Net Operating Income: 62400

Utilities

  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Construction

  • Year Built: 1890
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Fieldstone, Irregular
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73303277
  • Last Updated: 11/22/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/22/2024Contingent$1,100,000$316MLSPIN
11/01/2024Active$1,100,000$316MLSPIN
10/28/2024Price Change$1,100,000$316MLSPIN
10/20/2024Active$1,030,000$296MLSPIN
10/16/2024New$1,030,000$296MLSPIN

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View Breakdown

Map & Resources

A. Drewicz Elementary School

Public Elementary School, Grades: PK-5

0.08mi

Wm. P. Connery Elementary School

Public Elementary School, Grades: PK-5

0.3mi

William P Connery School

School

0.32mi

Saint Patricks School

School

0.34mi

Sacred Heart Elementary School

Private School, Grades: PK-8

0.43mi

Sacred Heart School

Private School, Grades: PK-8

0.46mi

Juan Parrilla Bar & Grill

Bar

0.12mi

Cafe Bayon

Asian Restaurant

0.15mi

Super Seven Subs & Pizza

Sandwich Restaurant

0.17mi

La Fonda De Don Juan

Restaurant

0.24mi

Cafe El Molino

Restaurant

0.3mi

The Lido Cafe

Pizza & Seafood Restaurant

0.44mi

Old Tyme Italian Cuisine

Italian & American Restaurant. Offers: Meat

0.45mi

Lynn Fire Department

Fire Station

0.3mi

Tower Hill Fire Station

Fire Station

0.61mi

Private Jewels Boxing Club

Fitness Centre

0.46mi

Barry Park

Park

0.27mi

General Electric Athletic Association Field

Municipal Park

0.28mi

Lynn Common

Municipal Park

0.35mi

Warren St. Playground

Municipal Park

0.37mi

Bennett Street Playground

Playground

0.32mi

Salem Laundry Company

Laundry

0.47mi

River Works Credit Union

Bank

0.31mi

Liling's Beauty Salon

Beauty

0.06mi

Anny's Hair Designs

Hairdresser

0.16mi

The SALON by InStyle

Hairdresser

0.22mi

Hood Ink Tatoo Zoo

Tattoo

0.39mi

Top of the Line Haircuts

Hairdresser

0.39mi

Jeff's Barber Shop

Hairdresser

0.4mi

Black Friday Year Round

Department Store

0.35mi

D. & T. Convenience Store

Convenience

0.05mi

Soriya Market

Convenience

0.13mi

Linden Market

Convenience

0.28mi

Los Primos Market

Convenience

0.39mi

One Stop Mart

Convenience

0.45mi

Mekong Market

Supermarket

0.09mi

Market Basket

Supermarket

0.24mi

Western Ave @ Breed Square

424
426
436
442
450
455

0.03mi

Western Ave @ Walden St

424
426
441
442
450
455

0.07mi

Western Ave @ Summer St

424
426
441
442
450
455

0.09mi

Western Ave @ Summer St

424
436
442
450
455

0.14mi

760 Western Ave

424
426
441
442
450
455

0.14mi

743 Western Ave

424
426
436
442
450
455

0.17mi

Western Ave @ Minot St

424
426
441
442
450
455

0.22mi

Western Ave @ Albion St

424
436
442
450
455

0.22mi

Seller's Representative: Treetop Group, Keller Williams Realty
MLS ID#: 73303277

© 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 2024-11-22 10:54:00

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