$1,900,000 ($449.17 per sqft)

Est. Mortgage $9,113/mo *

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43 Highrock Street, Lynn, MA, 01902

43 Highrock Street, Lynn, MA, 01902
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30 rooms

18 beds

6 Full baths

1900

4,230 sqft

Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

Status:

Active

Type:

Multi-family

Units:

6

Zoning:

R2

Heating:

Steam

Basement:

Full, Interior Entry, Concrete

Levels:

5

Acreage:

0.1

Est. Taxes:

$15,914

Assessment

$154,200

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Laundromat, Private School, Public School

Appliances:

Range, Refrigerator

MLS #:

73535795

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Eugene L. Clements, Clements Realty Group 781-595-9600