NOT LISTED FOR SALE

11 Bellair St Lynn, MA 01902

Agganis AC Neighborhood
12 Beds
5 Baths
4,642 Sq Ft
3,049 Sq Ft Lot

Last Sold February 02, 2022

Last sale price $1,052,000 $227 Per Sq Ft

9 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 4-minute walk to Henry Avenue Park

About This Home

As of February 2022

Attention Investors!! Great Location! Large Well-Maintained 5 Unit Building In Lynn. 24 Rooms, 12 Bedrooms, 5 Bathrooms. 3 Units and Common Areas With Deleaded Certificates. 6 Separate Electric Meters. 3+ Car Parking On Paved Driveway And Additional Street Parking. Coin-Op Laundry In Basement. Steps To Shopping, Restaurants and Public. The Property Is Generating Income At A 7.67% Cap Rate. Don't Miss Out On This Great Investment Opportunity!

Last Listed By

Colleen Toner

Toner Real Estate, LLC Listed on: 11/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,596

Year Built

  • Built in 1923

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 4,642 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lynn Public Elementary And Middle School
  • Lynn Public High School

Utilities

  • 5 Heating Zones
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $7,450
  • Assessor Parcel Number 2004627

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Electric Expense $800
  • Insurance Expense $5,300
  • Water Sewer Expense $5,200
  • Operating Expense $17,746
  • Net Operating Income $71,654

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,596

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1923
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Tile,Vinyl,Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Laundry Room, Washer Hookup
  • Basement: Full, Unfinished
  • Living Area: 4642
  • Stories Total: 11
  • MAIN LO: AC1714
  • LIST PRICE PER Sq Ft: 204.65
  • PRICE PER Sq Ft: 226.63
  • MAIN SO: AN7064

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup
  • Electric: Circuit Breakers, 100 Amp Service
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station

Fee Information

  • Water Sewer Expenses: 5200

Lot Info

  • Parcel Number: 2004627
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3110
  • PAGE: 257

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8596
  • Tax Book Number: 7492

Multi Family

  • Electric Expense: 800
  • Gross Income: 89400
  • Insurance Expense: 5300
  • Net Operating Income: 71654
  • Number Of Units Total: 5
  • Operating Expense: 17746
  • Total Actual Rent: 7450
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2

MLS Schools

  • High School: Lynn Public
  • Elementary School: Lynn Public
  • Middle Or Junior School: Lynn Public

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $1,052,000 +10.7% $227 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $950,000 -- $205 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Colleen Toner

    Seller's Agent in 2022

    Colleen Toner

    Toner Real Estate, LLC

    (617) 438-7878

    3 in this area

    168 Total Sales

    Colleen Toner
    Section Image
  • Markese Daise

    Buyer's Agent in 2022

    Markese Daise

    Stony Brook & Lennox Realty Advisors

    (617) 905-4014

    1 in this area

    67 Total Sales

    Markese Daise
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72919907

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Lynn 01902 Agganis AC

11 Bellair St, Lynn, MA

Homes for Sale in Lynn, MA

This home is located at 11 Bellair St, Lynn, MA 01902 since 14 November 2021. This property was built in 1923. 11 Bellair St is a home located in Essex County with nearby schools including Cobbet Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes