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Expired

53 Lewis St, Lynn MA 01902

$575,000

Estimated $1,499/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $287,500

Total Rent: 14400/year

Estimated CAP Rate:

4 Bedrooms

Baths

1893

Total Parking: 7 (2 Garage)

4,006 (0.09)

Motivated Sellers! Location Location Location! Come bring your vision and ideas to this two family home situated in East Lynn, close to the Swampscott line and one block from the ocean. This hidden opportunity is situated right on the bus line stop and close to Boston. Fenced in backyard has a two bay garage and driveway that can accommodate five more cars along with small grass area for garden or pet use.

This home has been viewed 47 times

Last Checked: May 7th, 2024 at 3:06am (Source: MLS PIN #73046557)

Gross Income: $14,400

Gross Expenses: $6,795

Net Income Calc: $7,605

Water Views

Annual Expenses for 53 Lewis St, Lynn MA 01902

Total Gross Expenses (Calculated)$6,795/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6795.48

Annual Income & Unit Breakdown for 53 Lewis St, Lynn MA 01902

Total Gross Income (Calculated)$14,400

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 53 Lewis St, Lynn MA 01902

Listing ID73046557

Property TypeMulti Family

Price575000 ($303.75/SqFt)

StyleMulti Family

CityLynn

CountyEssex

MLS AreaEast Lynn

Neighborhood(s)

Approximate Living Area Total1893

Approximate Lot Size (Acres)0.09

Total Parking7 (2 Garage)

Garage Parking2

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR4

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 53 Lewis St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

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

Facilitator Compensation0

Compensation Based OnGross/full Sale Price

Financial Information for 53 Lewis St, Lynn MA 01902

Real Estate Taxes6795.48

Tax Year2022

Assessed Value$545,700

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 53 Lewis St, Lynn MA 01902

Neighborhood(s)

MLS AreaEast Lynn

Area AmenitiesWalk/jog Trails

Contact Information for 53 Lewis St, Lynn MA 01902

Agent

Name: Samantha Edwards

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 566.29

Principal & Interest 3542.97

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Samantha Edwards

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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    [description] => Motivated Sellers! Location Location Location! Come bring your vision and ideas to this two family home situated in East Lynn, close to the Swampscott line and one block from the ocean. This hidden opportunity is situated right on the bus line stop and close to Boston. Fenced in backyard has a two bay garage and driveway that can accommodate five more cars along with small grass area for garden or pet use.
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    [unparsed] => 53 Lewis St, Lynn MA 01902
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[raw] => 
)

EXIT

21 More Photos