Unit Information
A few streets to the beach! 4-FAMILY plus SHOP in CARRIAGE HOUSE with endless possibilities! This 4-family + is located near King's Beach & Swampscott in the thriving city of LYNN. Newer roof, newer siding & many newer windows throughout. Property features sprinkler system for future condo readiness reduced insurance policy. Heating system for unit 1 is <10 years old, all other units have separate electric heat. Hot water is included in all rents. De-lead info available for Unit #1. All rents UNDER MARKET! Coin operated laundry in basement for tenants, garages rented at $150 monthly each & you still have 8 more parking spots for tenants! All tenants except Unit 3 are tenant-at-will, this property has potential to be very profitable, assessed at $ 1,149,000 priced to sell - incredible opportunity for savvy buyer City encourages development of ancillary structures (LOT over 7000 square feet) expand 5th unit, legal hobby-workshop, office/BUSINESS. Buyer completes independent due diligenc
- Additional Details
- Status: NEW
- Type: Multi-Family, 4 Family
- Area: Diamond District
- Zip Code: 01950
- Living Levels: 8
- Parking
- Garage: 2
- Garage Capacity: 2
- Parking: Paved Drive, Off Street, Leased, Paved
- Parking Spaces: 10
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 8
- Total Rooms: 17
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$995,000
- Status: New
- Listing ID: 73312289
- Bedrooms: 8
- Full Baths: 5
- Living Area: 4,089 sqft Convert
- Lot Size: 7,298 sqft Convert
- Acres: 0.17
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Luxury Residential Group
(617) 233-5800
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