99 South St Lynn, MA 01905
West Lynn NeighborhoodAbout This Home
As of June 2024Price Improvement!!! Welcome to 99 South Street Lynn!!! Rarely available large 6 unit building for sale with so much room for rental revenue growth. Each unit has 5 Rooms and 3 Bedrooms and 1 Bath with separate gas and electric meters. Electrical panels are located in each unit. Rents are below market value with plenty of room for growth. Please see property information attached to the listing and schedule your showing today. Letters of Lead Compliance for each unit attached to Lead Paid Transfer Document, total of 6. All potential buyers must provide proof of funds or approved financing. Motivated seller in order to complete a 1031 Exchange.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,961
Year Built
- Built in 1883
Lot Details
- 5,827 Sq Ft Lot
- Property fronts an easement
Home Design
- Brick Foundation
Interior Spaces
- 6,630 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 18 Bedrooms
- 6 Full Bathrooms
Parking
- 7 Car Parking Spaces
- Driveway
- Open Parking
Utilities
- 6 Heating Zones
Listing and Financial Details
- Total Actual Rent $9,500
- Assessor Parcel Number M:036 B:776 L:089,2007390
Community Details
Overview
- 6 Units
Building Details
- Operating Expense $28,675
- Net Operating Income $85,325
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $1,427,500 | -4.8% | $215 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | Price Changed | $1,499,000 | -6.3% | $226 / Sq Ft |
| 03/18/2024 03/18/24 | For Sale | $1,600,000 | 0.0% | $241 / Sq Ft |
| 03/13/2024 03/13/24 | Pending | -- | -- | -- |
| 03/09/2024 03/09/24 | For Sale | $1,600,000 | -- | $241 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73210548
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