4 - 4A Broad Active

Lynn,MA 01902

$ 995000

8 Beds

5 Baths

4089 SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,089 sqft

Price per Sqft $243

MLS Listing ID 73312289

Bedrooms 8

Full Baths 5

Year Built 1900

Annual Tax Amount $12

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Description

A few streets to the beach! 4-FAMILY plus SHOP in CARRIAGE HOUSE with endless possibilities! This 4-family + is located near King's Beach & Swampscott in the Diamond District. Newer roof, newer siding & many newer windows throughout. Property features sprinkler system for future condo readiness reduced insurance policy. Heating system for unit 1 is <10 years old, all other units have separate electric heat. Hot water is included in all rents. De-lead info available for Unit #1. All rents UNDER MARKET! Coin operated laundry in basement for tenants, garages rented at $150 monthly each & you still have 8 more parking spots for tenants! All tenants except Unit 3 are tenant-at-will, this property has potential to be very profitable, assessed at $ 1,149,000 priced to sell - incredible opportunity for savvy buyer City encourages development of ancillary structures (LOT over 7000 square feet) expand 5th unit, legal hobby-workshop, office/BUSINESS. Buyer completes independent due diligence.

Location

State MA

County Essex

Area Diamond District

Zoning R4 + shop

Direction ZONED 4 FAMILY - CONVENTIONAL FINANCING OPTIONS APPLY

Rooms

Basement Full

Interior

Heating Electric

Flooring Other

Exterior

Garage Spaces 2.0

Community Features Public Transportation,Park,Laundromat,Highway Access,Marina

Utilities Available for Gas Range

Waterfront false

Waterfront Description Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 10

Garage Yes

Building

Story 8

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools 4 Big Apartment

Middle Schools 10 Parking

High Schools Carriage House

Others

Senior Community false

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