BACK ON MARKET DUE TO BUYER FINANCING. MANY UPDATES HAVE BEEN COMPLETED. Now is your opportunity to come tour this home for the first time, or for the second time with the new improvements. New vinyl floor installed in the first unit kitchen, Brand new roof installed, All asbestos around pipes in basement has been removed, Scraped and painted all wood trim and doors throughout both units, and both outside entry stairs have also been repainted. This home is completely vacant and ready for new occupants. Large 2-family home that has been in the same family for nearly 60 years! The first floor is a spacious 1B/1B unit with separate dining room and living room. The second unit has 2 floors of living space with 4 bedrooms total. This home has retained beautiful details with built in cabinets in each dining room, french doors, wood flooring, and lots of large windows to let in that natural light. A beautiful backdrop for you to add your personal updates throughout.
This home has been viewed 45 times
Last Checked: May 7th, 2024 at 1:21am (Source: MLS PIN #73038326)
Gross Income: $7,200
Gross Expenses: $6,395
Net Income Calc: $805
Annual Expenses for 15 Strafford Pl, Lynn MA 01905
Total Gross Expenses (Calculated)$6,395/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6395
Annual Income & Unit Breakdown for 15 Strafford Pl, Lynn MA 01905
Total Gross Income (Calculated)$7,200
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 15 Strafford Pl, Lynn MA 01905
Listing ID73038326
Property TypeMulti Family / 2 Family
Price624900 ($248.17/SqFt)
Style2 Family - 2 Units Up/down
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total2518
Approximate Lot Size (Acres)0.08
Total Parking4 (1 Garage)
Garage Parking1
Year Built1920
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR4
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 15 Strafford Pl, Lynn MA 01905
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceAppraiser
ExclusionsPersonal 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 Compensation0
Compensation Based OnNet Sale Price
Financial Information for 15 Strafford Pl, Lynn MA 01905
Real Estate Taxes6395
Tax Year2022
Assessed Value$514,500
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 15 Strafford Pl, Lynn MA 01905
Elementary SchoolDrewicz
Middle SchoolBreed
High SchoolClassical
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 15 Strafford Pl, Lynn MA 01905