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Canceled

679-681 Western Ave, Lynn MA 01902

$2,299,000

Estimated $5,228/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $287,375

Total Rent: 31200/year

Estimated CAP Rate:

6 Bedrooms

Baths

8569

Total Parking: 20 (5 Garage)

17,641 (0.40)

Great 1031 exchange property ! Brick building that's centrally located in a business zoned bus line district. Features 4 residential units, 4 offices, with separate utilities and 5 garages. All rents are below today's market rates. Possible future redevelopment site. DO NOT DISTURB TENANTS. QUALIFIED BUYERS ONLY.Agent and seller not liable for errors in data, due diligence is buyers responsibility.

This home has been viewed 36 times

Last Checked: May 7th, 2024 at 2:41am (Source: MLS PIN #73053849)

Gross Income: $31,200

Gross Expenses: $18,000

Net Income Calc: $13,200

Annual Expenses for 679-681 Western Ave, Lynn MA 01902

Total Gross Expenses (Calculated)$18,000/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax18000

Annual Income & Unit Breakdown for 679-681 Western Ave, Lynn MA 01902

Total Gross Income (Calculated)$31,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 679-681 Western Ave, Lynn MA 01902

Listing ID73053849

Property TypeMulti Family / 5+ Family

Price2299000 ($268.29/SqFt)

Style5-9 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total8569

Approximate Lot Size (Acres)0.4

Total Parking20 (5 Garage)

Garage Parking5

Year Built1870

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR5-BUS

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 679-681 Western Ave, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

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 Compensation2.0

Facilitator Compensation1.0

Compensation Based OnNet Sale Price

Financial Information for 679-681 Western Ave, Lynn MA 01902

Real Estate Taxes18000

Tax Year2022

Assessed Value$832,900

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 679-681 Western Ave, Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 679-681 Western Ave, Lynn MA 01902

Agent

Name: Carl S. Aloupis

Office

Name: CSA Realty

Phone: 781-632-5888

Payment Calculator

, Interest

Property Taxes 1500

Principal & Interest 14165.71

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

CSA Realty

Carl S. Aloupis

Agent Phone

Office Phone

(781) 632-5888

Text Agent Call Agent Call Office

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EXIT

18 More Photos

Canceled

679-681 Western Ave, Lynn MA 01902

$2,299,000

Annual Expenses for 679-681 Western Ave, Lynn MA 01902

Annual Income & Unit Breakdown for 679-681 Western Ave, Lynn MA 01902

General Information for 679-681 Western Ave, Lynn MA 01902

Disclosures for 679-681 Western Ave, Lynn MA 01902

Financial Information for 679-681 Western Ave, Lynn MA 01902

Location Information for 679-681 Western Ave, Lynn MA 01902

Contact Information for 679-681 Western Ave, Lynn MA 01902

Agent

Office

Payment Calculator

Exclusive Listing Agent

CSA Realty

Carl S. Aloupis