Overview Property Details Payment Calculator Walkability

Expired

53 Lewis St, Lynn MA 01902

$575,000

Estimated $1,498.65/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $287,500

Total Rent: 14400/year

Estimated CAP Rate: 1.32%

4 Bedrooms

2 Full Baths

1,893 SqFt

Total Parking: 7 (2 Garage)

4,006 SqFt

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. Fence...

This home has been viewed 31 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

CAP Rate: 1.32%

Beach Front

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 Tax$6,795.48

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

HeatingYes

Rent Includes

Unit 2

Rental Income$1,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 53 Lewis St, Lynn MA 01902

Listing ID73046557

Property TypeMulti Family

Price$575,000 ($303.75/SqFt)

StyleMulti Family

CityLynn

CountyEssex

MLS AreaEast Lynn

Neighborhood(s)

Approximate Living Area Total1,893 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking7 (2 Garage)

Garage Parking2 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR4

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front

Energy Features

Terms

Disclosures for 53 Lewis St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosurePublic records lists home as 2 bedroom. Front room

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$14,400

Total Net Income By Broker$14,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 53 Lewis St, Lynn MA 01902

Real Estate Taxes$6,795.48

Tax Year2022

Assessed Value$545,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$14,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$14,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.32%

Location Information for 53 Lewis St, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Lynn

Area AmenitiesPublic Transportation

Contact Information for 53 Lewis St, Lynn MA 01902

Agent

Name: Samantha Edwards

MLS ID: CN224484

Office ID: AN2383

National Association ID: 456015631

Address: 1 Bowdoin Street #423

City: Everett

State: MA

Zip: 02149

Office

Name: Compass

MLS Office ID: AN2383

Phone: 617-206-3333

Payment Calculator

$4,109.26 per month

30 Years Fixed, 6.75% Interest

Property Taxes $566.29

Principal & Interest $3,542.97

HOA Dues $0

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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                    [enabled] => 1
                    [created] => 2024-05-07 03:06:14
                    [modified] => 2024-05-07 03:06:14
                )

[22] => Array
                (
                    [id] => 7079392
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73046557&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 03:06:14
                    [modified] => 2024-05-07 03:06:14
                )

[23] => Array
                (
                    [id] => 7079393
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73046557&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 03:06:14
                    [modified] => 2024-05-07 03:06:14
                )

)

)

EXIT