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You are here:
8 Days on Boston Pads
4 Photos
$4,290,000
20 Unit
24 Beds
198 Baths
9999 SQFT
0.07 Acre
7-17 Union
Lynn, MA 01902

Property Description

1-17 Union Street, Lynn, MA offers two updated mixed-use properties on the same lot, with 12 apartments and 8 retail storefronts. The brick building was fully renovated in 2021, and the second property received a new roof, siding, windows, and gutters in 2024. This well-maintained asset combines modern updates with excellent rental income potential in a prime location.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 20
  • Total Floors: 3
  • Total Bedrooms: 24
  • Total Full Baths: 99
  • Total Half Baths: 99

Financial

  • APOD Available: Yes
  • Gross Operating Income: 404244
  • Gross Expenses: 113844
  • Net Operating Income: 290400

Utilities

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

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Concrete Block
  • Lead Paint: Yes
  • Warranty: No

Other Information

  • MLS ID# 73319767
  • Last Updated: 12/17/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/17/2024Active$4,290,000$429MLSPIN
12/17/2024Active$4,290,000MLSPIN
12/13/2024New$4,290,000$429MLSPIN
12/13/2024New$4,290,000MLSPIN

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View Breakdown

Map & Resources

Ingalls School

Public Elementary School, Grades: K-5

0.18mi

Saint Joseph School

School

0.27mi

E. J. Harrington Elementary School

Public Elementary School, Grades: PK-5

0.31mi

Cobbet Junior High School

Grades: 7-9

0.37mi

Brickett Elementary School

Public Elementary School, Grades: K-5

0.38mi

Thurgood Marshall Middle School

Public Middle School, Grades: 6-8

0.41mi

Lynn Fire Department

Fire Station

0.11mi

Lynn Fire Department

Fire Station

0.56mi

Goldfish Pond Park

Municipal Park

0.2mi

Smith Street Playground

Municipal Park

0.23mi

Keaney Park

Park

0.41mi

Kiley Playground

Municipal Park

0.44mi

Sheridan St. Playground

Playground

0.17mi

Williams Ave. Park

Playground

0.37mi

Ironbound Marketplace & Food Emporium

Supermarket

0.42mi

Union St @ Chestnut St

436
455
456

0.01mi

Union St @ Lincoln St

436
455
456

0.05mi

Trinity Ave @ Fayette St

456

0.09mi

Fayette St @ Trinity Ave

456

0.09mi

Chestnut St @ Essex St

436

0.1mi

11 Olive St

456

0.1mi

Union St @ Pinkham St

436
455
456

0.11mi

Essex St @ Fayette St

455

0.11mi

Seller's Representative: Oleg Elisev, Greenville Real Estate Group, Inc.
MLS ID#: 73319767

© 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 2024-12-17 03:05:00