Unit Information
Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 01902
- Levels: 3
- Parking
- Garage Capacity: 6
- Parking: Paved,Off Street
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 12
- Total Floors: 3
- Total Rooms: 36
- Has Basement: Yes
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$3,300,000
- Status: New
- Listing ID: 73561330
- Bedrooms: 12
- Full Baths: 12
- Living Area: 10,224 sqft Convert
- Lot Size: 8,019 sqft Convert
- Acres: 0.18
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |