117 Union St Lynn, MA 01902
Highlands NeighborhoodEstimated payment $26,247/month
About This Home
1-17 Union Street, Lynn, MA offers two updated mixed-use properties that share the same lot, comprised of 12 apartments and 8 retail storefronts. The brick building was fully renovated in 2021, and the second property received a new roof, siding, windows, and gutters in 2024. This well-maintained asset combines modern updates with excellent rental income potential in a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $56,290
Year Built
- Built in 1900
Lot Details
- 3,000 Sq Ft Lot
- Corner Lot
Parking
- 1 Car Parking Space
Home Design
- Block Foundation
Interior Spaces
- 9,999 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 24 Bedrooms
Community Details
Overview
- 20 Units
Building Details
- Operating Expense $115,332
- Net Operating Income $293,072
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Price Changed | $3,888,000 | 0.0% | $389 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $3,889,000 | -- | $389 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73353993
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