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8 Lexington Ter, Lynn MA 01902

$699,900

Estimated $1,635/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,950

Total Rent: 38400/year

Estimated CAP Rate:

4 Bedrooms

Baths

1952

Total Parking: 5 (1 Garage)

4,505 (0.10)

Meticulously maintained two family with two 5 room / 2 bedroom units located on a quiet dead end street. Each unit has a modern eat in kitchen, open concept dining room and living room with hardwood floors throughout the house. Second floor unit has an additional room perfect for a home office. Other features include newer gas forced hot air heating systems, updates electrical, good size yard, garage and parking for 4 to 5 cars. First showing at the open house Sunday from 1:00 to 2:30.

This home has been viewed 59 times

Last Checked: May 7th, 2024 at 5:01am (Source: MLS PIN #73074756)

Gross Income: $38,400

Gross Expenses: $5,999

Net Income Calc: $32,401

Water Views

Annual Expenses for 8 Lexington Ter, Lynn MA 01902

Total Gross Expenses (Calculated)$5,999/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5999

Annual Income & Unit Breakdown for 8 Lexington Ter, Lynn MA 01902

Total Gross Income (Calculated)$38,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 8 Lexington Ter, Lynn MA 01902

Listing ID73074756

Property TypeMulti Family / 2 Family

Price699900 ($358.56/SqFt)

Style2 Family - 2 Units Up/down

CityLynn

CountyEssex

MLS AreaEast Lynn

Neighborhood(s)

Approximate Living Area Total1952

Approximate Lot Size (Acres)0.1

Total Parking5 (1 Garage)

Garage Parking1

Year Built1915

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

ZoningR1

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 8 Lexington Ter, 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 Compensation1

Compensation Based OnNet Sale Price

Financial Information for 8 Lexington Ter, Lynn MA 01902

Real Estate Taxes5999

Tax Year2023

Assessed Value$538,000

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 8 Lexington Ter, Lynn MA 01902

Elementary SchoolHood

Middle SchoolMarshall

High SchoolEnglish

Neighborhood(s)

MLS AreaEast Lynn

Area AmenitiesWalk/jog Trails

Contact Information for 8 Lexington Ter, Lynn MA 01902

Agent

Name: Eugene L. Clements

Office

Name: Clements Realty Group

Phone: 781-595-9600

Payment Calculator

, Interest

Property Taxes 499.92

Principal & Interest 4312.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Clements Realty Group

Eugene L. Clements

Agent Phone

Office Phone

(781) 595-9600

Text Agent Call Agent Call Office

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EXIT

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