$1,224,995
12
Beds
3
Baths
4,740
Living Area
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Property Description
Prime Investment Opportunity, 6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.
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Highlights
- Heating: Natural Gas, Oil
- Parking Spots: 1
- Property Type: 3 Family
- Total Rooms: 18
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1880
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Additional Details
- Appliances: Range, Refrigerator, Freezer
- Construction: Frame
- Flooring: Hardwood
- Interior Features: Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R4
- Basement: Full, Interior Entry, Concrete
- Exterior Features: Balcony/Deck
- Foundation: Stone
- Lot Features: Easements, Level
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Laundromat, Public School
- Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $897,400
- Tax Year: 2025
- Total Rent: $9,022
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $9,297
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Listing information provided courtesy of Century 21 Shawmut Properties.
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