Downtown Lynn spacious three-unit property! This large property boasts three generously sized units, each with plenty of room to spread out and make yourself at home. With a large lot, this property offers ample space for outdoor activities, parking potential, and entertainment, making it an ideal spot for families or those who love to host events. Live in one unit and make rental income with the rest. While this property has great potential, it does require some TLC from a skilled contractor to bring it to its full potential. This makes it a perfect opportunity for those looking to invest in a property with excellent potential for value appreciation. Located in the heart of Lynn, this property offers convenient access to all the amenities the city has to offer. With easy access to transportation, shopping, dining, and entertainment, this property is a true gem in the heart of the city. Don't miss out on this unique opportunity to own a piece of Downtown Lynn's history!
This home has been viewed 48 times
Last Checked: May 7th, 2024 at 6:26am (Source: MLS PIN #73100380)
Gross Income: $0
Gross Expenses: $8,431
Net Income Calc: $8,431
Water Views
Annual Expenses for 68 Johnson, Lynn MA 01902
Total Gross Expenses (Calculated)$8,431/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8431
Annual Income & Unit Breakdown for 68 Johnson, Lynn MA 01902
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 68 Johnson, Lynn MA 01902
Listing ID73100380
Property TypeMulti Family / 3 Family
Price769000 ($207.84/SqFt)
Style3 Family
CityLynn
CountyEssex
MLS AreaLynn Common
Neighborhood(s)
Approximate Living Area Total3700
Approximate Lot Size (Acres)0.21
Total Parking10
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR5
Water ViewsNo
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 68 Johnson, Lynn MA 01902
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
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 68 Johnson, Lynn MA 01902
Real Estate Taxes8431
Tax Year2023
Assessed Value$756,100
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 Johnson, Lynn MA 01902