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Adam Dow

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

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29-35 Sagamore St , Lynn, MA 01902
$2,649,000
Est. Payment: $5,886.67/mo
18 Bed
12 Bath
8694 Sqft
Status: Active | Days on site: 112
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AN8461 - CN254381
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House Description

29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.

Highlights

Listed by Daniel Alper , 617-768-7333 Boston Realty Advisors , 617-375-7900.

Property Type

Multi-Family

Lot/Acreage
0.26

Year Built

1900

County

Essex

Listing ID

73525911

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:18
  • Bathrooms:12
  • Full Bathrooms:12
Appliances:Range
Floor:Wood,Carpet
Other:
  • Additional:Lead Certification Available
Water:Public

Exterior Features

Lot:Gentle Sloping,Bay,Harbor,Ocean,Walk to,1/10 to 3/10 To Beach,Beach Ownership(Public)
Garage Capacity:12
Zoning:9
Roof:Rubber
Sewer:Public Sewer
Parking Features:Paved Drive,Shared Driveway,Off Street,Parking Spaces: 12
Principal Interest
$5,887
Taxes
$1

Home Price

$2,649,000

Loan Details

30 yrs
%

Down Payment

20%
$529,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,886.67 $0.75 $0.00 $5,887.42
Yearly $70,640.00 $9.00 $0.00 $70,649.00
Total $2,119,200.00 $270.00 $0.00 $2,119,470.00

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.