West Lynn Gem, 3 Family with 5 rooms 2 bedrooms and 1 full bath each floor. Classic Kitchen, Living Room , Dining room layout, First floor will be delivered vacant . First ,Third floor, and common areas have lead certificates of compliance issued in 2017, Side porches for all three units , 20' X 20' rear common deck for entertaining , 3 FHA X Gas new 2005, Siding and roof new 2002, 3 40 gallon Hot water tanks and separate 100 amp electric circuit breakers, Rare find parking for 8 plus cars and 2 car garage, Fenced in yard in the back. Come and find all that that Lynn has to offer, close to Beach, Schools, Shopping, Restaurants and all the necessities, Easy Commute to Boston and all major highways North and South. Basement is clean and has plenty of storage plus 3 Washer Dryer hookups . Excellent investment but also perfect for a new owner occupant
This home has been viewed 48 times
Last Checked: May 7th, 2024 at 4:21am (Source: MLS PIN #73091661)
Gross Income: $33,000
Gross Expenses: $8,398
Net Income Calc: $24,602
Water Views
Annual Expenses for 68 Laurel St, Lynn MA 01905
Total Gross Expenses (Calculated)$8,398/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8398
Annual Income & Unit Breakdown for 68 Laurel St, Lynn MA 01905
Total Gross Income (Calculated)$33,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 68 Laurel St, Lynn MA 01905
Listing ID73091661
Property TypeMulti Family / 3 Family
Price949900 ($260.6/SqFt)
Style3 Family
CityLynn
CountyEssex
MLS AreaWest Lynn
Neighborhood(s)
Approximate Living Area Total3645
Approximate Lot Size (Acres)0.18
Total Parking12 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
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 68 Laurel St, Lynn MA 01905
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal 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 Compensation2
Compensation Based OnNet Sale Price
Financial Information for 68 Laurel St, Lynn MA 01905
Real Estate Taxes8398
Tax Year2023
Assessed Value$753,200
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 68 Laurel St, Lynn MA 01905
Neighborhood(s)
MLS AreaWest Lynn
Area AmenitiesWalk/jog Trails
Contact Information for 68 Laurel St, Lynn MA 01905