Sold!
$3,800,000
10
Beds
6/4
Baths
18,988
Living Area
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Property Description
Rarely available downtown parcel in Lynn's CBD district. 12,599 sqft assemblage on the corner of Munroe Street and Market Street. Two buildings and parking lot available for sale. 1 Munroe Street features 1 retail unit and 6 gutted renovated units (2019) over 8215 sqft. High ceilings, new systems, electric service, plumbing, sprinkler, etc. Laundry rooms on each floor. Long term retail tenant. 21 Munroe Street features 5 newly vacated commercial units over 10,773 sqft. All residential units in 1 Munroe Street on leases through 8/31/2024. Lots of development options. Build 10 stories by right or keep as-is.
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Highlights
- Has View: Yes
- Property Class: Residential Income
- Total Rooms: 99
- Status: Closed
- Parking Spots: 10
- Property Type: 5-9 Family
- Year Built: 1900
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Additional Details
- Basement: Partially Finished
- Exclusions: Tenants Belonings
- Interior Features: Laundry Room
- Road Frontage Type: Public
- Total Number of Units: 12
- Year Built Details: Approximate
- Zoning: Cbd
- Construction: Frame, Brick
- Foundation: Granite
- Lot Features: Corner Lot
- Roof: Rubber
- View: City View(s)
- Year Built Source: Owner
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Amenities
- Parking Features: Paved Drive, Off Street
- Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,136,500
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $14,300
- Buyer Agent Compensation: 2%%
- Facilitator Compensation: 0%%
- Taxes: $32,797
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Listing information provided courtesy of Advisors Living - Boston.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
