$2,649,000 ($304.69 per sqft)

Est. Mortgage $12,706/mo *

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29-35 Sagamore Street, Lynn, MA, 01902

29-35 Sagamore Street, Lynn, MA, 01902
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39 rooms

18 beds

12 Full baths

1900

8,694 sqft

29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Washer Hookup

Units:

12

Zoning:

9

Heating:

Baseboard

Basement:

Full, Interior Entry, Concrete, Unfinished

Levels:

5

Parking:

12-car, Paved Drive, Shared Driveway, Off Street

Acreage:

0.26

Est. Taxes:

$9

Assessment

$9

Construction

Frame

Utilities

for Gas Range, Washer Hookup

Lot Description:

Gentle Sloping

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Marina, Public School, University, Sidewalks

Appliances:

Range

MLS #:

73525911

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Daniel Alper, Boston Realty Advisors 617-375-7900