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Expired

47 Hanover St., Lynn MA 01902

$798,500

Estimated $1,735/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $399,250

Total Rent: 60000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2347

Total Parking: 5

2,632 (0.06)

TAKE SOME TIME OUT AND COME VIEW THIS ONE. IT NEEDS SOME WORK INTERIOR AND EXTERIOR BUT COULD SHINE LIKE A DIAMOND!! GREAT INCOME POTENTIAL HERE!!!

This home has been viewed 59 times

Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #72936164)

Gross Income: $60,000

Gross Expenses: $5,278

Net Income Calc: $54,722

Annual Expenses for 47 Hanover St., Lynn MA 01902

Total Gross Expenses (Calculated)$5,278/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5278.45

Annual Income & Unit Breakdown for 47 Hanover St., Lynn MA 01902

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 47 Hanover St., Lynn MA 01902

Listing ID72936164

Property TypeMulti Family / 2 Family

Price798500 ($340.22/SqFt)

Style2 Family - 2 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2347

Approximate Lot Size (Acres)0.06

Total Parking5

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR5

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 47 Hanover St., Lynn MA 01902

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer

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 Compensation1.5%

Facilitator Compensation1%

Sub-Agent Compensation1%

Compensation Based OnNet Sale Price

Financial Information for 47 Hanover St., Lynn MA 01902

Real Estate Taxes5278.45

Tax Year2021

Assessed Value$405,100

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 47 Hanover St., Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 47 Hanover St., Lynn MA 01902

Agent

Name: Willard Rodney Lawson

Office

Name: Andrade Associates Real Estate - S Boston

Phone: 781-308-5179

Payment Calculator

, Interest

Property Taxes 439.87

Principal & Interest 4920.1

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Andrade Associates Real Estate - S Boston

Willard Rodney Lawson

Agent Phone

Office Phone

(781) 308-5179

Text Agent Call Agent Call Office

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EXIT

3 More Photos