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108 S Common St Lynn, MA 01902
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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 3,880 sqft
Price per Sqft $173
MLS Listing ID 72325759
Sold Date 07/20/18
Bedrooms 10
Full Baths 5
Year Built 1880
Annual Tax Amount $6,914
Tax Year 2018
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Great turn key investment... All Separate and New Gas Utilities. 4 Brand New Gas Boilers, 5th unit electric heat and hot water. Updated and separate electric with a 6th public meter. New Rubber Roof, vinyl siding. dry, spotless basement. All mechanicals are in Perfect Condition. A Maintenance Free Investment..4 units have full lead compliance certificates 5th unit never inspected but in same condition as the others... The 3-bed unit is a long-term tenant and has great potential for an additional $7,000 to $8,000 more a year in a standard market rent increase. All units are rented except for one and can be rented before close upon new buyers’ request....Property Will Not Last.....FIRST SHOWING SATURDAY MAY 19TH 12-1PM & SUNDAY MAY 20TH 2-3PM...ANY OFFERS DUE BY 12PM TUESDAY MAY 22ND...
Location
State MA
County Essex
Area Lynn Common
Zoning R5
Direction ON THE COMMONS
Rooms
Basement Full, Bulkhead, Unfinished
Interior
Appliance Gas Water Heater, Electric Water Heater
Exterior
Community Features Public Transportation, Shopping, Park
Waterfront false
Roof Type Shingle, Rubber
Total Parking Spaces 1
Garage No
Building
Story 9
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Read Less
Bought with Nick Cowden • Coldwell Banker Residential Brokerage - Marblehead
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