Unit Information
Lynch Street Apartments is a 11,519 +/- square foot 12-unit brick apartment building with nine off-street parking spaces situated on a 6,460 +/- square feet corner lot. The unit makeup is four (4) 3-bedroom apartments and eight (8) 2-bedroom apartments, each unit has one (1) bathroom and is individually metered for electricity with heat and hot water by natural gas supplied by the landlord. All twelve units are de-leaded. Hookups are in place for coin-operated laundry facilities. All occupants are TAW which offers an extraordinary Value Add Opportunity simply by bringing rents to market value with minimal capital improvements needed. 10-14 Lynch Street is located in Salem Massachusetts within walking distance to both Salem State University and the historic downtown amenities such as tourist attractions, restaurants, breweries and the waterfront activities. One tenant is being evicted, all rents are below market value, buyer should really be experienced with I/O loans, cash or 1031.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Zip Code: 01970
- Levels: 3
- Parking
- Garage Capacity: 9
- Parking: Off Street
- Parking Spaces: 9
- Rooms and Dimensions
- Total Units: 12
- Total Floors: 3
- Total Rooms: 52
Loading...
$3,400,000
- Status: New
- Listing ID: 73457565
- Bedrooms: 28
- Full Baths: 12
- Living Area: 11,519 sqft Convert
- Lot Size: 6,460 sqft Convert
- Acres: 0.15
View description
Luxury Residential Group
(617) 233-5800
Receive more info or arrange a tour
When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.
Please call, email, or send us a message through the web form below. An LRG Real Estate agent will contact you promptly.
LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |