$3,300,000

House for sale Lynn
Property photo number 1 of 16 Photos for Property. File  105061475_29_a4a36478aa61fbbab1614df0bbada375.jpeg

Overview

SUMMARY: Discover an opportunity with this Lynn house for sale and available for $3,300,000. This could be your next ideal home or a smart investment. More details await.
Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing
immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.
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Details

  • Beds: 12
  • Baths: 12
  • Price: $3,300,000
  • Reference No.: 94941253
  • Area: 10,224 sqft

Location

Marketed by:

  • Katy Loucks
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Disclaimer

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