Property Details
Basic Information
- Property SubType: 5-9 Family
- MLS Number: 73535795
- Mls Status: Price Changed
- List Price: $1,800,000
- Date Listed: 06/19/2026
- Units: 6
- Description: Attention investors! Don't miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.
Building
- Acreage: 0.1
- Square Feet: 4,230
- Year Built: 1900
- Zoning: R2
- Stories: 5
- Rooms: 30
- Roof: Rubber
- Foundation: Stone
Location
- County: Essex
- Town: Lynn
Finance
- Taxes: $15,914
Interior Features
Bedrooms
- Bedrooms: 18
Bathrooms
- Bathrooms: 6
- Full Baths: 6
Basement
- Basement: Full, Interior Entry, Concrete
Interior Features
- Interior Features: Living Room, Kitchen
Exterior Features
Exterior Features
- Exterior Features: Rain Gutters
Utilities and Appliances
Utilities and Appliances
- Appliances: Range, Refrigerator
- Appliances Included: Range, Refrigerator
Community
Amenities
- Amenities: Public Transportation, Shopping, Laundromat, Private School, Public School
- Other Amenities: Basement