44 A&B Park St. Lynn MA 01905 MLS #73223747

44 A&B Park St.
Lynn, MA, 01905
$1,324,900
12 Beds
3 Baths
4,740 SqFt
0.08 Acres
$1,324,900
44 A&B Park St.
Lynn, MA, 01905
Prime Investment Opportunity. 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.

Property Details

Price:
$1,324,900
MLS #:
73223747
Status:
Active
Beds:
12
Baths:
3
Address:
44 A&B Park St.
Type:
Multi Family
Subtype:
3 Family
City:
Lynn
Listed Date:
Apr 13, 2024
State:
MA
Finished Sq Ft:
4,740
ZIP:
01905
Lot Size:
3,584 sqft / 0.08 acres (approx)
Year Built:
1880

Schools

Elementary School:
Lps
Middle School:
Lps
High School:
Lps

Interior

Appliances
Range, Refrigerator, Freezer
Bathrooms
3 Full Bathrooms
Flooring
Hardwood
Heating
Natural Gas, Oil

Exterior

Community Features
Public Transportation, Park, Laundromat, Public School
Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
1
Roof
Rubber

Financial

Buyer Agent Compensation
2%
Net Operating Income
$102,420
Tax Year
2024
Taxes
$8,881
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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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