$1,130,000
8
Beds
3
Baths
3,460
Living Area
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Property Description
Attention Buyers and Investors! Presenting 101-103 Lynnway, an exceptional three-family home situated in the sought-after Diamond District of Lynn. This property comprises three generously sized, move-in ready units, each recently modernized to meet current standards. The basement features a shared coin-operated laundry facility, equipped with washers and dryers, along with dedicated storage areas for each unit. Unit 1 is currently occupied by a tenant at will. The property can be delivered vacant, offering a prime opportunity for owner-occupants to live in one unit while renting out the others, or for investors seeking a lucrative rental investment. Each unit is equipped with its own utilities. Boasting beautiful water views, this property is a true gem, conveniently located just a short walk from Lynn Beach, public transportation, and a diverse array of dining and shopping options in downtown.
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Highlights
- Area: Diamond District
- Heating: Forced Air, Natural Gas
- Parking Spots: 2
- Property Type: 3 Family
- Total Rooms: 15
- Status: Active
- Has View: Yes
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1909
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Additional Details
- Appliances: Range, Microwave, Refrigerator
- Construction: Frame
- Foundation: Stone
- Roof: Rubber
- Total Number of Units: 3
- Year Built Details: Actual
- Zoning: R5
- Basement: Full, Concrete
- Flooring: Wood, Tile, Vinyl
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s), Scenic View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Marina, Public School, T-Station
- Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $882,400
- Compensation Based On: Net Sale Price
- Taxes: $9,142
- Buyer Agent Compensation: 2%
- Tax Year: 2025
- Total Rent: $8,400
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Listing information provided courtesy of Tesla Realty Group LLC.
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