$1,190,000 ($291.02 per sqft)

Est. Mortgage $5,862/mo *

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4-4A Broad St, Lynn, (Diamond District), MA, 01902

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18 rooms

9 beds

5 Full baths

1900

4,089 sqft

This investment checks off all of the boxes: Recently remodelled and ready to rent to your own hand picked tenants now for great income, and also build out a protected ADU in the separate carriage house for an additional unit. Ample parking (8 spaces), vinyl siding, fresh paint, new carpet and luxury vinyl tile. Sprinkler system installed for reduced insurance rates. Potential of $13-14,000 total monthly income including the ADU, and $11-11,500 in current state. Coin operated laundry in basement for even more income. Currently only one tenant occupying a second floor one bedroom unit, as the owner left the others vacant to renovate and allow the new owner to hand pick their own tenants. Great location, close to beach, bus line to Boston on street. Easy to show, but shown by appointment only to allow investors ample time to focus on this opportunity.

Status:

Active

Town:

Lynn

Type:

Multi-family

Units:

Zoning:

Heating:

Electric

Basement:

Full

Levels:

Parking:

8-car, Paved Drive, Off Street

Acreage:

0.17

Est. Taxes:

$9,320

Assessment

$904,900

Construction

Conventional (2x4-2x6)

Appliances:

Range, Dishwasher, Refrigerator

MLS #:

73520240

Community Info

School Info

Walk Score

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Listing courtesy of David Potter, Atlantic Coast Homes,Inc 978-777-4444

$1,190,000 ($291.02 per sqft)

4-4A Broad St, Lynn, (Diamond District), MA, 01902

Community Info

School Info

Walk Score

Mass Transit

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$1,200,000

171 Lowell St, Peabody, MA, 01960

$1,250,000

23 Mount Vernon St, Gloucester, MA, 01930

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481 Humphrey St, Swampscott, MA, 01907

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4-4A Broad St, Lynn, (Diamond District), MA, 01902

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