Sold!
$2,350,000
12
Beds
12
Baths
7,704
Living Area
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Property Description
Attention Investors! Well-maintained 12 unit apartment building for sale, separate utilities, under a mile from Nahant Beach and North Shore Community College. Spanning three levels, this property features 9 one-bedroom units and 3 studio units, each equipped with a gas oven, refrigerator, and dishwasher. Impressive ocean views from select units and from three common covered front porches, one on each level. The building is outfitted with all separate utilities, including electric heat pumps and central air, and includes coin-operated laundry in the basement. Recent upgrades include a new roof. Located across the street from Lynn Yacht Club and minutes from Lynn center with shops, restaurants parks and museums, the Lynn Ferry that goes directly into the City of Boston, and the Lynn MBTA Station.
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Highlights
- Levels: 3
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 30
- Status: Closed
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator
- Construction: Frame
- Flooring: Wood, Tile, Carpet
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R5
- Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
- Exterior Features: Rain Gutters
- Foundation: Stone
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 12
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Sidewalks
- Waterfront Features: Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,486,200
- Taxes: $29,072
- Tax Year: 2025
- Total Rent: $19,800
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of The Synergy Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
