71 Harwood St
$3,100,000
12
Beds
12
Baths
10,224
Sqft
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$3,100,000
12
Beds
12
Baths
10,224
Living Area
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Property Description
Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1905
- Parking Spots: 6
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 36
- Status: Active
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Additional Details
- Basement: Unfinished
- Flooring: Wood, Tile, Vinyl
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R4
- Construction: Frame
- Foundation: Stone
- Roof: Rubber
- Total Number of Units: 12
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Public School
- 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: $2,367,400
- Taxes: $24,526
- Tax Year: 2025
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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 Lamacchia Realty, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.