Skip to content

Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway/Kenmore
  • Boston - Fort Hill
  • Boston - Fort Point
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Longwood Medical Area
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Northeastern/Symphony
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport/Waterfront
  • Boston - South Boston
  • Boston - South End
  • Boston - Theater District
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Bedford
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Chestnut Hill
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Sudbury
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
  • Worcester
  • Babson College
  • Berklee College of Music
  • Bentley University
  • Boston College
  • Boston University
  • Brandeis University
  • Emerson College
  • Emmanuel College
  • Harvard University
  • Hult International Business School
  • MassArt
  • MCPHS University
  • MIT
  • Northeastern University
  • Simmons University
  • Suffolk University
  • Tufts University
  • UMASS Boston
  • Wentworth Institute of Technology
You are here:
16 Days on Boston Pads
25 Photos
$5,200,000
24 Unit
31 Beds
24 Baths
13376 SQFT
0.11 Acre
148 Liberty
Lynn, MA 01901

Property Description

148 Liberty Street located in downtown Lynn is a handsome brick 4-story elevator apartment building consisting of twenty-four (24) residential units. The asset offers an attractive unit mix of seven (7) two-bedroom units, and seventeen (17) one-bedroom units with recently renovated common areas. The offering presents a strong value-add opportunity for investors as rents are currently below market within an urban densely populated area. The property is surrounded by many amenities, restaurants, commuting routes into Boston, and public transportation. Tenants are responsible for their own separately metered utilities such as heat, hot water, and electric making this an ideal investment. The property has undergone a number of capital improvements such as common area lighting, flooring, painting, masonry pointing, hot water tank replacements.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 24
  • Total Floors: 9
  • Total Bedrooms: 31
  • Total Full Baths: 24
  • Amenities: Medical Facility, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Dirt Floor, Full, Partially Finished
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided, Pro. Forma Available
  • Gross Operating Income: 417600
  • Gross Expenses: 125683
  • Electric Expenses: 7428
  • Water/Sewer: 14519
  • INSC: 20400
  • Repairs & Maintenance: 13200
  • RFS: 6000
  • Management Fee: 20045
  • Miscellaneous Expense: 3030
  • Net Operating Income: 275213

Utilities

  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Electric Oven, for Electric Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1943
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Concrete Block, Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73317676
  • Last Updated: 12/09/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/09/2024Active$5,200,000$389MLSPIN
12/05/2024New$5,200,000$389MLSPIN

Mortgage Calculator

View Breakdown

Map & Resources

St. Mary's High School

Private School, Grades: 7-12

0.16mi

Burrill School

School

0.17mi

North Shore Community College - Lynn Campus

University

0.24mi

KIPP Academy Lynn Charter School

Charter School, Grades: K-12

0.26mi

Cobbet Junior High School

Grades: 7-9

0.3mi

Fredrick Douglass Collegiate Academy

Public Secondary School, Grades: 9

0.32mi

Cobbet Elementary School

Grades: 1-6

0.32mi

Fecteau- Leary Junior/Senior High School

Grades: 9-12

0.33mi

Domino's

Pizzeria

0.24mi

Dunkin'

Donut & Coffee Shop

0.24mi

Taqueria Doña Julia

Mexican Restaurant

0.02mi

Rossetti

Italian Restaurant

0.04mi

Rincon Macorisano Restaurant

Dominican & Latin American Restaurant

0.06mi

R.F. O'Sullivan's

Restaurant

0.08mi

Bella Luna Restaurant

Italian Restaurant

0.09mi

Enzo's Pizzeria

Pizzeria

0.09mi

Lynn Police Department

Local Police

0.11mi

Lynn Fire Department

Fire Station

0.45mi

Lynn Veteran's Memorial Auditorium

Arts Centre

0.15mi

Raw Art Works

Arts Centre

0.2mi

Galleries at LynnArts

Gallery

0.26mi

Lynn Museum - LynnArts

Museum

0.23mi

Soul City Yoga (Lynn)

Fitness Centre. Sports: Yoga

0.11mi

Central Square Historic District

Park

0.19mi

Lynn Common

Municipal Park

0.22mi

Lynn Heritage State Park - Waterfront Park

State Park

0.35mi

Smith Street Playground

Municipal Park

0.45mi

High Rock Tower Park - Res

Playground

0.26mi

High Rock Tower Park - Res

Playground

0.26mi

Speedway

Gas Station

0.03mi

Community Credit Union

Bank

0.03mi

Brotherhood Credit Union

Bank

0.08mi

Century Bank

Bank

0.13mi

Lily's Nails

Nails

0.11mi

Evolution Artistic Hair Design

Hairdresser

0.29mi

Lynn Public Library

Library

0.26mi

Cal's News

Convenience

0.1mi

Richdale Convenience Store

Convenience

0.14mi

Dito's Convenience Store

Convenience

0.28mi

Contreas Grocery

Supermarket

0mi

Shaw's

Supermarket

0.14mi

Poblano's Mexican Grocery

Supermarket

0.22mi

Ironbound Marketplace & Food Emporium

Supermarket

0.31mi

Family Dollar

Variety Store

0.04mi

Market St @ Tremont St

426
429
435
441
442
455

0.08mi

Market St @ Liberty St

426
429
436
442
455

0.08mi

Oxford St @ Washington St

429
436

0.1mi

Oxford St @ Market St

429
436

0.1mi

Washington St @ Essex St

435

0.12mi

Washington St @ Munroe St

435
436
455
456

0.13mi

Washington St @ Essex St

435

0.14mi

Tremont St opp St Mary's High School

429
435

0.16mi

Seller's Representative: Dan Pouladian, North Shore Realty Advisors
MLS ID#: 73317676

© 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 2024-12-09 03:05:00