*** Multiple offers*** Opportunity Awaits; Welcome to 16 Whiting Street! Fall in love with this well maintained 2 Family property. One family owned for decades. The layout is dynamic, featuring 2 separate units on a lovely lot with over 2,700 sq. ft. of finished living space. The first unit and floor features 2 bedrooms, an eat-in kitchen, living room and full bathroom. The second unit consists of floors 2 & 3 and features a living room, dining room, eat-in kitchen, full bath w/ separate powder room and a bedroom. Upstairs you will find the primary bedroom with a 1/2 bath, as well as a 3rd and 4th bedroom! Gas cooking, separate meters; one central oil heating system w/ newer tank, washer and dryer being left as a gift. Basement has exceptional storage or bring your ideas for expansion. Off street parking, yard space; home is right off the commons and close to public transportation. Property is being sold in "as is" condition. Next showing OPEN HOUSE 2/12 11-12:3
This home has been viewed 54 times
Last Checked: May 7th, 2024 at 3:01am (Source: MLS PIN #73054346)
Gross Income: $0
Gross Expenses: $7,205
Net Income Calc: $7,205
CAP Rate: -1.08%
Annual Expenses for 16 Whiting Street, Lynn MA 01902
Total Gross Expenses (Calculated)$7,205/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,205
Annual Income & Unit Breakdown for 16 Whiting Street, Lynn MA 01902
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 16 Whiting Street, Lynn MA 01902
Listing ID73054346
Property TypeMulti Family
Price$665,000 ($246.3/SqFt)
StyleMulti Family
CityLynn
CountyEssex
MLS AreaLynn Common
Neighborhood(s)
Approximate Living Area Total2,700 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking2
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningBD3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 16 Whiting Street, Lynn MA 01902
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
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 Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 16 Whiting Street, Lynn MA 01902
Real Estate Taxes$7,205
Tax Year2021
Assessed Value$537,700
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)-1.08%
Location Information for 16 Whiting Street, Lynn MA 01902
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaLynn Common
Area AmenitiesShopping, Golf, Park, Laundromat, Public Transportation, Sidewalks
Contact Information for 16 Whiting Street, Lynn MA 01902