$1,316,000
12
Beds
6
Baths
5,712
Living Area
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Property Description
We are excited to present this 6-unit multifamily deal located at 53 Arlington Street in Lynn, MA. The building consists of six 2-bedroom / 1-bathroom units with spacious unit layouts. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors with potential for value-add improvements and long-term growth. Four units are currently on annual leases with two units delivered vacant.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1890
- Parking Spots: 2
- Property Type: 5-9 Family
- Total Rooms: 24
- Status: Active
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Additional Details
- Basement: Interior Entry
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: 9
- Foundation: Other
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, House of Worship, Marina, Public School, T-Station, University
- Waterfront Features: Bay, Harbor, 1/2 to 1 Mile To Beach
- Parking Features: Paved Drive, Shared Driveway
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $9
- Taxes: $9
- Tax Year: 2026
- Total Rent: $8,513
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Listing information provided courtesy of Boston Realty Advisors.
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