526 Western Ave

    Lynn, MA 01904
    • $2,930,000
    • STATUS: Under Agreement
    • MLS #: 72571134
    Pending
    UPDATED: 21 min ago
    $2,930,000
    • 36
      BEDS
    • 0.13
      ACRES
    • 16
      BATHS
    • 0
      1/2 BATHS
    • 17,688
      SQFT
    • $166
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Hakim Sadler of Boston Trust Realty Group.

    Description

    Come see this solid investment opportunity in Lynn's thriving real estate market. Located in the 'Opportunity Zone,' the building totals over 17,000 square feet of living area and 43 bedrooms. All utilities are separately metered, which will contribute to keeping operating expenses down. The property has a new roof and a number of units have been updated over the past year.

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    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. Data last updated 2019-11-22T18:07:49.58.
    www.teamtringali.com/homes/99366930

    526 Western Ave Lynn, MA 01904

    • Price: $2,930,000
    • Status: Under Agreement
    • Updated: 21 min ago
    • MLS #: 72571134
    36
    Beds
    16
    Baths
    0
    ½ Baths
    0.13
    Acres
    17,688
    SQFT
    $166
    $/SQFT
    1910
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Come see this solid investment opportunity in Lynn's thriving real estate market. Located in the 'Opportunity Zone,' the building totals over 17,000 square feet of living area and 43 bedrooms. All utilities are separately metered, which will contribute to keeping operating expenses down. The property has a new roof and a number of units have been updated over the past year.
    Exterior Features

    Beachfront No Construction Brick Exterior Brick Foundation Poured Concrete Garage Spaces 0 Lot Description Corner Parking Spaces 0 Roof Material Rubber Waterfront Flag No Waterview Flag No

    Interior Features

    Basement Yes Basement Features FullUnfinished Basement Bedrooms Unit1 2 Bedrooms Unit2 3 Bedrooms Unit3 3 Bedrooms Unit4 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 1 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Levels 4 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 23 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Unit1 4 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 4

    Property Features

    Amenities Public TransportationShoppingParkLaundromatHighway AccessPublic School Apod Available Yes Assessments 1989900.00 Disclosure No Gross Operating Income 299916 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Net Operating Income 246002 Rent Unit1 1500 Rent Unit2 1750 Rent Unit3 1550 Rent Unit4 1500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2019 Taxes 28456.00 Utility Connections For Gas Range Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning Bd

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Hakim Sadler of Boston Trust Realty Group.


    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. Data last updated 2019-11-22T18:07:49.58.
     
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    Listing courtesy of Hakim Sadler of Boston Trust Realty Group.