Location! Location! Location! Great opportunity for both investors and owner-occupants. This well mantained two family offers 3 levels of living space offering the perfect combination of comfort, functional layouts and potential in a prime location whether you're looking to generate steady rental income or live in one unit while renting the others, this property offers flexibility and long-term value. Ideally situated in one of Lynn’s most convenient neighborhoods, bordering the desirable town of Swampscott. Conveniently located near public transportation, major highways, shopping, dining, and just minutes away from the ocean, from Lynn Beach and Nahant Beach. Don’t miss this opportunity to own a versatile property in a growing market with strong rental demand and upside potential.
Laundry Remarks:
Electric Dryer Hookup
Basement:
Full, Unfinished
Parking:
5-car, Paved Drive, Off Street, Tandem
Construction
Brick, Stone
Utilities
for Gas Range, for Gas Oven, for Electric Dryer
Appliances:
Range, Microwave, Refrigerator
11 Phillips Ave, Lynn, (Diamond District), MA, 01902
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
