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16 Rantoul Ave, Lynn MA 01902

$449,999

Estimated $1,197/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $224,999.50

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

2306

Total Parking: 3

4,490 (0.10)

Contractors, investors and owner occupants take notice. This legal 2-family in Lynn Highlands is back on the market. With some sweat-equity, this could be a great opportunity for extra income to fix up and rent out. Long term rental history at below market values. Separate utilities and heating for each unit. Unit 1 is a 4bed/2bath unit (with a bonus room) and unit 2 is a Studio/1 bath unit. Ample parking in the rear and lots of land for renovation/additions and improvements! Electric work updated in unit 1 over the last 3 years with all new heating baseboards added. Newer range and fridge in both units. The property is vacant and will be delivered vacant. Property to be sold "AS-IS" and is priced to sell. It is recommended that buyer/buyer agent independently verify all information and do their due diligence.

This home has been viewed 62 times

Last Checked: May 7th, 2024 at 5:46am (Source: MLS PIN #73064742)

Gross Income: $0

Gross Expenses: $6,963

Net Income Calc: $6,963

Water Views

Annual Expenses for 16 Rantoul Ave, Lynn MA 01902

Total Gross Expenses (Calculated)$6,963/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5613

Annual Income & Unit Breakdown for 16 Rantoul Ave, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 16 Rantoul Ave, Lynn MA 01902

Listing ID73064742

Property TypeMulti Family

Price449999 ($195.14/SqFt)

StyleMulti Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2306

Approximate Lot Size (Acres)0.1

Total Parking3

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 16 Rantoul Ave, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsGenerator

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 16 Rantoul Ave, Lynn MA 01902

Real Estate Taxes5613

Tax Year2022

Assessed Value$451,600

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 16 Rantoul Ave, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 16 Rantoul Ave, Lynn MA 01902

Agent

Name: Ashlie Perry

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 467.75

Principal & Interest 2772.75

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Ashlie Perry

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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    [unparsed] => 16 Rantoul Ave, Lynn MA 01902
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EXIT

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