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Closed

32 Harwood St, Lynn MA 01902

$599,900

Estimated $1,384.31/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $299,950

Total Rent: 57600/year

Estimated CAP Rate: 8.78%

4 Bedrooms

2 Full Baths

1,592 SqFt

Total Parking: 2

1,875 SqFt

This 2 family property is freshly remodeled & ready for your investment portfolio! Each unit offers 2 beds w/closets, updated full bath, spacious living room, & a modern kitchen with tons of cabinet space, NEW stainless appliances & granite countertops. New LVP flooring & fresh paint throughout. The 1st floor unit has steam heat (oil) & the 2nd floor has a 12,000 BTU ductless mini-split for heat/ac & supplemental electric baseboard. Basement offers dual laundry hookups & extra storage. NEW roof, siding, windows, decks! Renovated from the ground up! Shared drive, off-street parking for 2 & on-street parking available w/permit. Owner-occupy one unit & rent the other (HOUSEHACK) or rent out both units for ultimate cash flow! You don't want to miss this great opportunity. Vacant, easy to show. Rents in the area are $2400/month for a 2 bedroom. Seller is an investor agent who has never occupied property. List agent has vested interest. Buyer/agent to do own due diligence. OH 1/29 12-2pm!

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 2:46am (Source: MLS PIN #73071521)

Gross Income: $57,600

Gross Expenses: $4,939

Net Income Calc: $52,661

CAP Rate: 8.78%

Beach Front

Annual Expenses for 32 Harwood St, Lynn MA 01902

Total Gross Expenses (Calculated)$4,939/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,939

Annual Income & Unit Breakdown for 32 Harwood St, Lynn MA 01902

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$2,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$2,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 32 Harwood St, Lynn MA 01902

Listing ID73071521

Property TypeMulti Family

Price$599,900 ($376.82/SqFt)

StyleMulti Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total1,592 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking2

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesEasements

Foundation Area

Foundation DescriptionBlock,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR4

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 32 Harwood St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceLimited Information, Not Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$57,600

Total Net Income By Broker$57,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 32 Harwood St, Lynn MA 01902

Real Estate Taxes$4,939

Tax Year2023

Assessed Value$443,000

Financial Data SourceLimited Information, Not Available

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$57,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$57,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.78%

Location Information for 32 Harwood St, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Private School, University

Contact Information for 32 Harwood St, Lynn MA 01902

Agent

Name: Candor Realty Group

Office

Name: Four Points Real Estate, LLC

Phone: 888-944-5827

Team Members

Name: Franco Carullo

Phone: 978-882-5036

Payment Calculator

, Interest

Property Taxes 411.58

Principal & Interest 3696.39

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Four Points Real Estate, LLC

Candor Realty Group

Agent Phone

Office Phone

(888) 944-5827

Text Agent Call Agent Call Office

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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73071521&w=1024&h=768&n=18
                    [index] => 18
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:07
                    [modified] => 2024-05-07 02:46:07
                )

[18] => Array
                (
                    [id] => 7042009
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73071521&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:07
                    [modified] => 2024-05-07 02:46:07
                )

[19] => Array
                (
                    [id] => 7042010
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73071521&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:07
                    [modified] => 2024-05-07 02:46:07
                )

[20] => Array
                (
                    [id] => 7042011
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73071521&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:07
                    [modified] => 2024-05-07 02:46:07
                )

[21] => Array
                (
                    [id] => 7042012
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73071521&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:07
                    [modified] => 2024-05-07 02:46:07
                )

[22] => Array
                (
                    [id] => 7042013
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73071521&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:07
                    [modified] => 2024-05-07 02:46:07
                )

[23] => Array
                (
                    [id] => 7042014
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73071521&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 02:46:07
                    [modified] => 2024-05-07 02:46:07
                )

)

)

EXIT