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Adam Dow

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

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35-37 Park St , Lynn, MA 01905
$1,494,986
Est. Payment: $3,322.19/mo
12 Bed
6 Bath
5631 Sqft
Status: Active | Days on site: 126
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House Description

Welcome to your next investment opportunity! 35-37 Park St presents a rare chance to acquire a well-located 6-family property in one of Lynn’s strong and continuously growing rental markets. 7.2% current CAP and fully lead compliant! This large multifamily offers excellent income-producing potential with multiple units, strong cash flow opportunity, and long-term upside for both seasoned investors and owner-occupants looking to build wealth through real estate. New front entrance with with granite steps, new fencing, new concrete around foundation, new landscaping, repaired siding, rear porch, exterior of building. Conveniently located near major highways, public transportation, shopping, restaurants, schools, parks, and downtown Lynn. With consistent rental demand and future value-add potential, this is an ideal opportunity for investors looking to generate steady rental income while benefiting from long-term appreciation.

Highlights

Listed by Matt Tasgin , 857-361-8584 United Brokers , 781-629-2258.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1900

County

Essex

Listing ID

73519410

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Range, Refrigerator
Floor:Tile,Vinyl,Carpet,Varies,Hardwood
Other:
  • Additional:Living Room, Dining Room, Kitchen
Water:Public

Exterior Features

Lot:Level
Garage Capacity:6
Zoning:R4
Roof:Rubber
Others:
  • Additional:Decorative Lighting
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Driveway,Paved,Parking Spaces: 6
Principal Interest
$3,322
Taxes
$1,005

Home Price

$1,494,986

Loan Details

30 yrs
%

Down Payment

20%
$298,997
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:
$3,322.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,322.19 $1,005.25 $0.00 $4,327.44
Yearly $39,866.29 $12,063.00 $0.00 $51,929.29
Total $1,195,988.80 $361,890.00 $0.00 $1,557,878.80

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.