Luxury Real Estate Group Boston > Lynn > 9 Needhams Landing

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

info@LRGBoston.com

9 Needhams Landing

Lynn, MA

Property Description

One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.

offered at

$12,200,000

  • Listing ID: 73322222
  • Bedrooms: 52
  • Full Baths: 42
  • Living Area: 27,840 sqft Convert
  • Lot Size: 38,322 sqft Convert
  • Acres: 0.88

Additional Details

Type: Multi-Family, 5-9 Family

Zip Code: 01905

Living Levels: 4

Parking

Parking: Paved Drive, Off Street

Parking Spaces: 84

Rooms and Dimensions

Total Units: 42

Total Floors: 4

Total Rooms: 81

Contact: LRG Boston at (617) 233-5800

info@LRGBoston.com

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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