Price Reduction! This is your chance to purchase a 2 family multi-unit home with the potential to generate rental income. Hardwood and tile flooring can be found throughout this two-family home. Each apartment has a double parlor and two large bedrooms with office space. The garage is adequate in size with ample parking spaces in the driveway. King's Beach and the Swampscott Commuter Rail station are both a 10-minute walk away. The Exterior to the house and garage was recently painted.
This home has been viewed 55 times
Last Checked: May 6th, 2024 at 11:30pm (Source: MLS PIN #72955465)
Gross Income: $21,600
Gross Expenses: $7,991
Net Income Calc: $13,609
Annual Expenses for 24 Sanderson Ave, Lynn MA 01902
Total Gross Expenses (Calculated)$7,991/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7991
Annual Income & Unit Breakdown for 24 Sanderson Ave, Lynn MA 01902
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit0
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 24 Sanderson Ave, Lynn MA 01902
Listing ID72955465
Property TypeMulti Family
Price655000 ($257.47/SqFt)
StyleMulti Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total2544
Approximate Lot Size (Acres)0.16
Total Parking6 (1 Garage)
Garage Parking1
Year Built1905
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR4
Water Views
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 24 Sanderson Ave, Lynn MA 01902
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTenants Personal Belongings.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 24 Sanderson Ave, Lynn MA 01902
Real Estate Taxes7991
Tax Year2021
Assessed Value$613,300
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 24 Sanderson Ave, Lynn MA 01902
Neighborhood(s)
Area Amenities
Contact Information for 24 Sanderson Ave, Lynn MA 01902