99 South St Lynn MA 01905 MLS #73210548

99 South St
Lynn, MA, 01905
$1,499,000
18 Beds
6 Baths
6,630 SqFt
0.13 Acres
$1,499,000
99 South St
Lynn, MA, 01905
Price Improvement!!! Welcome to 99 South Street Lynn!!! Rarely available large 6 unit building for sale with so much room for rental revenue growth. Each unit has 5 Rooms and 3 Bedrooms and 1 Bath with separate gas and electric meters. Electrical panels are located in each unit. Rents are below market value with plenty of room for growth. Please see property information attached to the listing and schedule your showing today. Letters of Lead Compliance for each unit attached to Lead Paid Transfer Document, total of 6. All potential buyers must provide proof of funds or approved financing. Motivated seller in order to complete a 1031 Exchange.

Property Details

Price:
$1,499,000
MLS #:
73210548
Status:
Pending
Beds:
18
Baths:
6
Address:
99 South St
Type:
Multi Family
Subtype:
5-9 Family
City:
Lynn
Listed Date:
Mar 9, 2024
State:
MA
Finished Sq Ft:
6,630
ZIP:
01905
Lot Size:
5,827 sqft / 0.13 acres (approx)
Year Built:
1883

Schools

Interior

Bathrooms
6 Full Bathrooms

Exterior

Parking Features
Paved Drive
Parking Spots
7

Financial

Buyer Agent Compensation
2%
Net Operating Income
$85,325
Tax Year
2024
Taxes
$15,961
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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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