30-32 High, Lynn, MA 01902
- $5,000,000
- 34
- BD
- 25
- BA
- 15,729
- SqFt
- List Price
- $5,000,000
- Days on Market
- 8
- Status
- ACTIVE
- MLS#
- 73552194
- Bedrooms
- 34
- Bathrooms
- 25
- Full Baths
- 25
- Living Area
- 15,729
- Lot Size (Acres)
- 0.25
- Year Built
- 1890
Property Description
Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.
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Additional Information
- Taxes
- $39,376
- Parking Description
- Off Street
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: James Yannios from Listing Office: Yannios R E Investment Sales.
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