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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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121 N Common , Lynn, MA 01902
$999,000
Est. Payment: $2,220.00/mo
14 Bed
6 Bath
6000 Sqft
Status: Active | Days on site: 33
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AC1991 - BB923122
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House Description

Large multi family/ rooming house in a prime location. 14 Bedrooms, 3 full bathrooms, 3 + half bathrooms and other large living areas including kitchen with updated cabinets and granite counters, hardwood floors. Recent updates and paint on top floor and some bathrooms. This is either a rooming house/micro units with big potential for value add or a re-development windfall at nearly 6000 sqft which could easily accommodate 6 new condos at 750sqft each with 1 car parking per unit. Elevator & sprinkler building which enhances it's development appeal. Finished lower level space adds potential for daylight walk out at garden level. High ceilings and original woodwork and character great for conversion, easy access to Western Ave, Nahant, Lynn and Revere waterfronts, walking distance to Commuter Rail, Market Basket as well as the booming Downtown Lynn district. This is an ideal next project. Contact listing agent for access.

Highlights

Listed by Dan Bernal , 617-275-3291 Atlantic Coast Homes,Inc , 978-777-4444.

Property Type

Residential

Lot/Acreage
0.12

Year Built

1890

County

Essex

Listing ID

73563789

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:14
  • Bathrooms:6
  • Full Bathrooms:3
  • 1/2 Bathrooms:3
Appliances:Gas Water Heater
Air Cond:Window Unit(s)
Fireplaces:
Floor:Vinyl,Particle Board
Water:Public

Exterior Features

Garage Capacity:6
Zoning:B3
Roof:Slate
Sewer:Public Sewer
Parking Features:Paved Drive,Parking Spaces: 6
Principal Interest
$2,220
Taxes
$681

Home Price

$999,000

Loan Details

30 yrs
%

Down Payment

20%
$199,800
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Monthly Price:
$2,220.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,220.00 $680.50 $0.00 $2,900.50
Yearly $26,640.00 $8,166.00 $0.00 $34,806.00
Total $799,200.00 $244,980.00 $0.00 $1,044,180.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lynn, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.