29-35 Sagamore Street, Lynn, MA 01902
29-35 Sagamore Street, Lynn, MA 01902
29-35 Sagamore Street, Lynn, MA 01902
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$2,649,000
Est. payment /mo
18 Beds
12 Baths
8,694 SqFt
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Open House

Tue Jun 02, 1:00pm - 2:00pm

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Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 8,694 sqft

Price per Sqft $304

MLS Listing ID 73525911

Bedrooms 18

Full Baths 12

Year Built 1900

Annual Tax Amount $9

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.

Location

State MA

County Essex

Zoning 9

Direction Lynnway -> Newhall -> Sagamore

Rooms

Basement Full, Interior Entry, Concrete, Unfinished

Interior

Interior Features Lead Certification Available

Heating Baseboard

Flooring Wood, Carpet

Appliance Range

Laundry Washer Hookup

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Marina, Public School, University, Sidewalks

Utilities Available for Gas Range, Washer Hookup

Waterfront Description Bay,Harbor,Ocean,Walk to,1/10 to 3/10 To Beach,Beach Ownership(Public)

Roof Type Rubber

Total Parking Spaces 12

Garage No

Building

Lot Description Gentle Sloping

Story 5

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false


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Listed by Boston Realty Advisors

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29-35 Sagamore Street