$13,150,000

House for sale Lynn
Property photo number 1 of 16 Photos for Property. File  104850131_29_4a2af732d429e7f9cb76d996c5ca7a05.jpeg

Overview

SUMMARY: Discover an opportunity with this Lynn house for sale and available for $13,150,000. This could be your next ideal home or a smart investment. More details await.
Rare portfolio opportunity in Lynn's Diamond District. The offering includes five multifamily properties located at 63-69 Lynnway, 100, 104 and 106 Newhall Street, plus an additional 9,592 SF parcel at 9 Chancery Lane, zoned R5 with potential development upside. The portfolio
consists of 71 residential units, including 19 studios, 39 one-bedroom units, and 13 two-bedroom units, providing a diverse unit mix that appeals to a broad tenant base. Large scale capital improvements have been completed, minimizing near-term capital expenditures for new ownership. This is the opportunity to acquire scale in one of Greater Boston's most supply-constrained rental markets with strong demand, low vacancy, and long-term appreciation potential.
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Details

  • Beds: 83
  • Baths: 71
  • Price: $13,150,000
  • Area: 41,837 sqft

Location

Marketed by:

  • Listing Manager
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