NOT LISTED FOR SALE
10 Beds
6 Baths
5,350 Sq Ft
4,388 Sq Ft Lot

Last Sold November 20, 2023

Last sale price $945,000 $177 Per Sq Ft

6 Days on Market

Highlights

  • Granite Flooring
  • Porch
  • 4-minute walk to Goldfish Pond Park
  • Deck
  • Fenced

About This Home

As of November 2023

Rare opportunity for a legal 4-unit multifamily property in Lynn offering 10 bedrooms, 6 full baths, 2 off-street parking spots with the potential to add 1-2 more and full shared basement with separate washer and dryer hookups and storage closets. First floor units are 1-2 bedrooms and second floor units are 3-4 bedrooms. Prime location with easy access to local amenities, transportation and close proximity to tranquil Goldfish Park Pond as well as short walk to Lynn Beach and Red Rock Park, all within a mile. A rare find with great potential. Don't miss this great opportunity!

Last Listed By

Jason Richardson

Truss Realty Advisors, LLC Listed on: 10/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,063

Year Built

  • Built in 1903

Lot Details

  • 4,388 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 5,350 Sq Ft Home
  • Granite Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Parking

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

Outdoor Features

  • Deck
  • Porch

Listing and Financial Details

  • Total Actual Rent $1,400
  • Legal Lot and Block 025 / 520
  • Assessor Parcel Number 2000180

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,063

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1903
  • Buyer Agency: 2.0
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Unfinished
  • Living Area: 5350
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4909
  • LIST PRICE PER Sq Ft: 168.04
  • PRICE PER Sq Ft: 176.64
  • MAIN SO: AN4909

Exterior Features

  • Exterior Features: Porch,Deck
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone, Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 2000180
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4388
  • Lot Size Units: Acres
  • PAGE: 295
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12063
  • Tax Block: 520
  • Tax Book Number: 24797
  • Tax Lot: 025
  • Tax Map Number: 094

Multi Family

  • Gross Income: 16800
  • Net Operating Income: 16800
  • Number Of Units Total: 4
  • Total Actual Rent: 1400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

Range of Values:

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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
11/20/2023 11/20/23 Sold $945,000 +5.1% $177 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $899,000 -- $168 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73165746

MLS Property Information Network (MLS PIN)