Property Details
Basic Information
- Property SubType: 3 Family
- MLS Number: 73542427
- Mls Status: Active
- List Price: $1,325,000
- Date Listed: 06/26/2026
- Units: 3
- Description: Prime Investment Opportunity, 5.6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.
Building
- Acreage: 0.08
- Square Feet: 4,740
- Year Built: 1880
- Zoning: R4
- Stories: 3
- Rooms: 18
- Roof: Rubber
- Foundation: Stone
Location
- County: Essex
- Town: Lynn
Finance
- Taxes: $9,297
Interior Features
Bedrooms
- Bedrooms: 12
Bathrooms
- Bathrooms: 3
- Full Baths: 3
Basement
- Basement: Full, Interior Entry, Concrete
Interior Features
- Interior Features: Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
Exterior Features
Exterior Features
- Exterior Features: Balcony/Deck
Utilities and Appliances
Utilities and Appliances
- Appliances: Range, Refrigerator, Freezer
- Appliances Included: Range, Refrigerator, Freezer
Community
Schools
- Elementary School: Lps
- High School: LPS
Amenities
- Amenities: Public Transportation, Park, Laundromat, Public School
- Other Amenities: Basement