32-34-40 Ocean Avenue Lynn MA 01902 MLS #73151418

32-34-40 Ocean Avenue
Lynn, MA, 01902
$2,475,000
21 Beds
15 Baths
12,333 SqFt
0.17 Acres
$2,475,000
32-34-40 Ocean Avenue
Lynn, MA, 01902
The Ocean Avenue Portfolio (32-34 & 40 Ocean Avenue) offers investors oceanfront properties with great views of Lynn Beach, Nahant and Boston. 32-34 Ocean Avenue is a 3-story residential building with rentable square footage of 3,861 and a total gross square footage of 6,145. The property consists of two (1) one-bedroom/1 bathroom, one (1) one-bedroom, and two (2) two-bedrooms/1.5-2 bathrooms. 40 Ocean Avenue is a 3-story residential building with rentable square footage of 8,472 and a total gross square footage of 10,052. The property consists of six (6) three-bedroom units/1.5 bathrooms and one (1) three-bedroom unit/2 bathrooms. Both properties have laundry facilities located in the basements, 10 to 11 off-street parking and ocean views.

Property Details

Price:
$2,475,000
MLS #:
73151418
Status:
Pending
Beds:
21
Baths:
15
Address:
32-34-40 Ocean Avenue
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
Diamond District
City:
Lynn
Listed Date:
Aug 18, 2023
State:
MA
Finished Sq Ft:
12,333
Total Sq Ft:
12,333
ZIP:
01902
Lot Size:
7,590 sqft / 0.17 acres (approx)
Year Built:
1900
Units:
11

Schools

Interior

Bathrooms
12 Full Bathrooms, 6 Half Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Bike Path, Highway Access, T- Station
Parking Features
Paved Drive
Parking Spots
11
Roof
Slate, Rubber

Financial

Net Operating Income
$107,259
Tax Year
2023
Taxes
$25,322
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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32-34-40 Ocean Avenue
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