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Adam Dow

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

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30-32 High , Lynn, MA 01902
$5,000,000
Est. Payment: $11,111.11/mo
34 Bed
25 Bath
15729 Sqft
Status: Active | Days on site: 59
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BB5145 - C0001240
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.
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Highlights

Listed by James Yannios , Yannios R E Investment Sales , 781-224-0081.

Property Type

Multi-Family
Lot/Acreage
0.25

Year Built

1890

County

Essex

Listing ID

73552194

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:34
  • ▪ Bathrooms:25
  • ▪ Full Bathrooms:25
Floor:Tile,Vinyl,Varies
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:18
Zoning:0
Roof:Shingle,Rubber
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 18
Principal Interest
$11,111
Taxes
$3,281

Home Price

$5,000,000

Loan Details

30 yrs
%

Down Payment

20%
$1,000,000
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:
$11,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,111.11 $3,281.33 $0.00 $14,392.44
Yearly $133,333.33 $39,376.00 $0.00 $172,709.33
Total $4,000,000.00 $1,181,280.00 $0.00 $5,181,280.00

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.