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You are here:
$1,049,900
3 Unit
9 Beds
3 Baths
3729 SQFT
0.11 Acre
124 Essex St
Lynn, MA 01902

Property Description

BUYERS & INVESTORS! EXPANSIVE & DELEADED 3-Family in East Lynn! Each unit features 6 Rooms w/ 3 Ample Sized Bedrooms,Living Room,Dining Room,Galley Kitchen,& 1 Full Bathroom. Immaculately maintained and managed building w/ High ceilings,Gleaming Hardwood Floors, and Plenty of Light Throughout! All utilities separate. Recent updates include new hot water heaters & 3 new oil tanks.Situated on a sizeable lot with a two story shed, backyard and plenty of parking-making it a rare find in this area. This property offers great versatility and value; zoned as business, you could run your own business from the property. Its desirable location in Lynn places you close to local amenities, public transportation, and major highways.Don’t miss your chance to own this property! First Showings at a Group Showing on Saturday 12/21 from 12:00PM-1PM!

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, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Partially Finished, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Internet Available - Unknown, Lead Certification Available, Pantry, Stone/Granite/Solid Counters, Tile Floor
  • Common Appliances: Microwave, Range, Refrigerator
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 90000
  • Gross Expenses: 18356
  • Water/Sewer: 5400
  • INSC: 4776
  • Net Operating Income: 71644

Utilities

  • Heat Zones: 3
  • Electric Info: 200 Amps, Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1904
  • Type: 3 Family
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73320374
  • Last Updated: 12/18/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/17/2024New$1,049,900$282MLSPIN

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Map & Resources

Thurgood Marshall Middle School

Public Middle School, Grades: 6-8

0.13mi

Ingalls School

Public Elementary School, Grades: K-5

0.29mi

The Hathaway School

Private School, Grades: PK-8

0.31mi

Virginia Barton Early Childhood Center

Public Elementary School, Grades: PK

0.31mi

Brickett Elementary School

Public Elementary School, Grades: K-5

0.43mi

Lynn Fire Department

Fire Station

0.31mi

Lynn Fire Department

Fire Station

0.54mi

Swampscott Fire Department

Fire Station

0.57mi

Kiley Playground

Municipal Park

0.23mi

Goldfish Pond Park

Municipal Park

0.35mi

Williams Ave. Park

Playground

0.01mi

Sheridan St. Playground

Playground

0.46mi

87 Timson St

456

0.03mi

86 Timson St

456

0.04mi

Timson St @ Empire St

456

0.07mi

141 Essex St

455

0.07mi

Timson St @ Empire St

456

0.07mi

Essex St opp Porter St

455

0.1mi

Essex St @ Empire St

455

0.1mi

Essex St @ Empire St

455

0.1mi

Seller's Representative: Sherre Weza, COM-PRO Real Estate Services, Inc
MLS ID#: 73320374

© 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 2024-12-18 03:30:00

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