Unit Information
62 Nahant St. located in Lynn’s Diamond District is a licensed rooming/lodging house with an active license for 12 SRO. This license could be expanded to 16 SRO through the proper channels. 62 Nahant St. is located on a visible corner lot with off-street parking with close proximity to the beach, downtown and major public transportation. The building is good condition and would be ideal for a non-profit organization to purchase and modify the building for transitional housing programs. The building has a large dry basement which allows for ample storage of tenant or owner property and the garage could be utilized for additional storage. Recent improvement to the building includes a new spiral staircase for egress from the 2nd and 3rd floor. The tenants are all TAW and pay weekly or monthly depending on their in place agreements with ownership. Ownership is willing to seller finance the sale of the property. Terms to be negotiated.
- Additional Details
- Status: New
- Type: Multi-Family, Multi Family
- Area: Diamond District
- Zip Code: 01901
- Levels: 3
- Parking
- Garage: 2
- Garage Capacity: 2
- Parking: Paved,Off Street
- Parking Spaces: 8
- Rooms and Dimensions
- Total Units: 12
- Total Floors: 3
- Total Rooms: 12
- Has Basement: Yes
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$1,300,000
- Status: New
- Listing ID: 73581071
- Bedrooms: 12
- Full Baths: 4
- Living Area: 4,041 sqft Convert
- Lot Size: 6,950 sqft Convert
- Acres: 0.16
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |