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Closed

370 Summer St, Lynn MA 01905

$599,000

Estimated $1,464.11/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $299,500

Total Rent: 0/year

Estimated CAP Rate: -0.99%

4 Bedrooms

1 Full, 2 Half Baths

1,804 SqFt

Total Parking: 4

3,373 SqFt

Opportunity Knocks Here! West Lynn Solid 2 Family Home - Nice Corner Lot sits this Multi-Family Home with 8 Rooms, 4 Bedrooms, 2.5 Baths plus 4+car off street parking. First Floor Unit features living room, dining room, kitchen, 2 to 3 bedrooms, 1.5 baths. Second Floor Unit features living room, dining room, kitchen, 1 bedroom and one full bath. Separate Electrical systems. Property is Vacant and ready for you.

This home has been viewed 46 times

Last Checked: May 7th, 2024 at 2:10am (Source: MLS PIN #73063768)

Gross Income: $0

Gross Expenses: $5,914

Net Income Calc: $5,914

CAP Rate: -0.99%

Beach Front

Annual Expenses for 370 Summer St, Lynn MA 01905

Total Gross Expenses (Calculated)$5,914/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,914

Annual Income & Unit Breakdown for 370 Summer St, Lynn MA 01905

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 370 Summer St, Lynn MA 01905

Listing ID73063768

Property TypeMulti Family / 2 Family

Price$599,000 ($332.04/SqFt)

Style2 Family - 2 Units Up/down

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total1,804 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking4

Garage Parking

Year Built1860

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningBD

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach

Energy Features

Terms

Disclosures for 370 Summer St, Lynn MA 01905

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 370 Summer St, Lynn MA 01905

Real Estate Taxes$5,914

Tax Year2022

Assessed Value$475,800

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)-0.99%

Location Information for 370 Summer St, Lynn MA 01905

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Park, Laundromat, Public Transportation

Contact Information for 370 Summer St, Lynn MA 01905

Agent

Name: Michael Connor

Office

Name: Connor Real Estate

Phone: 781-581-5940

Payment Calculator

, Interest

Property Taxes 492.83

Principal & Interest 3690.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Connor Real Estate

Michael Connor

Agent Phone

Office Phone

(781) 581-5940

Text Agent Call Agent Call Office

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    [zoning] => BD
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                (
                    [id] => 6977123
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73063768&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 02:11:06
                    [modified] => 2024-05-07 02:11:06
                )

)

)

EXIT