Location, Location, Location! Whether you are investing or owner occupying, this wonderful two family could be just what you're waiting for. Located on a dead end street in desirable Ward One area close to Flax Pond, schools and restaurants, these spacious units offer hardwood flooring, tile and more. This home has seen many updates including newer roof, new electrical, newer furnace and water heaters. Separate utilities and plenty of off street parking. Each unit contains an additional room off of the kitchen which can be used as an eat in kitchen room. Washer and dryer for each unit in basement. Second floor vacant. Owner occupies unit on first floor. Perfect renter's location. A must see!
This home has been viewed 33 times
Last Checked: May 7th, 2024 at 1:31am (Source: MLS PIN #73071512)
Gross Income: $0
Gross Expenses: $7,046
Net Income Calc: $7,046
CAP Rate: -1.12%
Beach Front
Annual Expenses for 51 Sylvia St, Lynn MA 01904
Total Gross Expenses (Calculated)$7,046/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,046.57
Annual Income & Unit Breakdown for 51 Sylvia St, Lynn MA 01904
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 51 Sylvia St, Lynn MA 01904
Listing ID73071512
Property TypeMulti Family / 2 Family
Price$629,900 ($296.84/SqFt)
Style2 Family - 2 Units Up/down
CityLynn
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,122 SqFt
Approximate Lot Size (Acres)0
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
Zoningres
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Front
Energy Features
Terms
Disclosures for 51 Sylvia St, Lynn MA 01904
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 51 Sylvia St, Lynn MA 01904
Real Estate Taxes$7,046.57
Tax Year2022
Assessed Value$566,900
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.12%
Location Information for 51 Sylvia St, Lynn MA 01904
Elementary SchoolSisson
Middle SchoolPickering
High SchoolLynn English
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Park, Public Transportation
Contact Information for 51 Sylvia St, Lynn MA 01904