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Adam Dow

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

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53 Arlington St , Lynn, MA 01902
$1,316,000
Est. Payment: $2,924.44/mo
12 Bed
6 Bath
5712 Sqft
Status: Active | Days on site: 33
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AN8461 - CN254381
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

We are excited to present this 6-unit multifamily deal located at 53 Arlington Street in Lynn, MA. The building consists of six 2-bedroom / 1-bathroom units with spacious unit layouts. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors with potential for value-add improvements and long-term growth. Four units are currently on annual leases with two units delivered vacant.
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Highlights

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

Property Type

Multi-Family
Lot/Acreage
0.11

Year Built

1890

County

Essex

Listing ID

73563784

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:6
Water:Public

Exterior Features

Lot:Bay,Harbor,1/2 to 1 Mile To Beach
Garage Capacity:2
Zoning:9
Sewer:Public Sewer
Parking Features:Paved Drive,Shared Driveway,Parking Spaces: 2
Principal Interest
$2,924
Taxes
$1

Home Price

$1,316,000

Loan Details

30 yrs
%

Down Payment

20%
$263,200
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:
$2,924.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,924.44 $0.75 $0.00 $2,925.19
Yearly $35,093.33 $9.00 $0.00 $35,102.33
Total $1,052,800.00 $270.00 $0.00 $1,053,070.00

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.