Property Details
Basic Information
- Property SubType: 5+ Family - 5+ Units Up/Down
- MLS Number: 73561330
- Mls Status: New
- List Price: $3,300,000
- Date Listed: 08/10/2026
- Units: 12
- Description: Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.
Building
- Acreage: 0.18
- Square Feet: 10,224
- Year Built: 1905
- Zoning: R4
- Stories: 3
- Rooms: 36
- Roof: Rubber
- Foundation: Stone
Location
- County: Essex
- Town: Lynn
Finance
- Taxes: $24,526
Interior Features
Bedrooms
- Bedrooms: 12
Bathrooms
- Bathrooms: 12
- Full Baths: 12
Basement
- Basement: Unfinished
Community
Amenities
- Amenities: Public Transportation, Shopping, Park, Public School
- Other Amenities: Basement