386 Summer St , Lynn, MA 01905
Lynn, MA 01905
Description
This is your opportunity to own 20 approved condos, With 2 Bedrooms 1 Bath in every unit . Currently utilized as rental apartments. Several units have been updated, featuring modern kitchens, granite or Formica countertops, an array of flooring including hardwood, laminate, tile and carpet. Additionally, the convenience of in-unit laundry hook-ups, 20 parking spaces and so much more. With a substantial monthly rental roll of $30,000 and the potential for future rent adjustments, this offering presents an ideal opportunity for savvy investors seeking a high-quality asset poised for growth. Perfectly situated with easy access to the T Station and several bus lines, and in close proximity to many shops and malls, this property seamlessly combines convenience and quality, making it a compelling investment prospect. Please call for appt.
Details
| MLS# | 73161244 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 353 |
| Listing Provided By | Coldwell Banker Realty - Lynnfield | Louise Touchette Team |
Features
| Bath(s) | 20 |
|---|---|
| SQ Feet | 3,600 |
| Zoning | BD |
| Acreage | 0.39 |
Market Activity 01905
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01905 |
| Area | Essex |
| Listing VS Median (in 01905) | |
Price: $5,200,000 low | high Med: $489,900 SqFt: 3,600 low | high Med: 1,257 $ / SqFt: $1,444 low | high Med: $390 On Site: 353 low | high Med: 31.000000 | |