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Closed

150-152 Hamilton Ave, Lynn MA 01902

$899,986

Estimated $2,143.74/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $299,995.33

Total Rent: 90000/year

Estimated CAP Rate: 9.09%

9 Bedrooms

3 Full Baths

3,786 SqFt

Total Parking: 5

4,812 SqFt

Welcome to a great investment and homeownership opportunity! This exceptional triple decker offers a fantastic opportunity for both investors and homeowners seeking a versatile and spacious living space. With its 3 units, this property boasts a total of 15 rooms, 9 bedrooms, 3 bathrooms, monthly rent totaling $7500, parking for five cars, and a spacious basement. The basement provides ample room for expansion, allowing you to unlock the full potential of this property. With parking available for up to 5 cars, you and your tenants will have ample space to park securely, eliminating the stress of searching for a spot on the bustling city streets. Don't miss out on the chance to own a remarkable property, conveniently located minutes from transportation, major routes, supermarkets, and public schools! Open houses this Saturday and Sunday 12-2pm.

This home has been viewed 51 times

Last Checked: May 7th, 2024 at 8:11am (Source: MLS PIN #73109989)

Gross Income: $90,000

Gross Expenses: $8,213

Net Income Calc: $81,787

CAP Rate: 9.09%

Beach Front

Annual Expenses for 150-152 Hamilton Ave, Lynn MA 01902

Total Gross Expenses (Calculated)$8,213/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,213

Annual Income & Unit Breakdown for 150-152 Hamilton Ave, Lynn MA 01902

Total Gross Income (Calculated)$90,000

Unit 1

Rental Income$2,600

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$2,300

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$2,600

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 150-152 Hamilton Ave, Lynn MA 01902

Listing ID73109989

Property TypeMulti Family / 3 Family

Price$899,986 ($237.71/SqFt)

Style3 Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,786 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking5

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR4

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 150-152 Hamilton Ave, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$90,000

Total Net Income By Broker$90,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator Compensation2%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 150-152 Hamilton Ave, Lynn MA 01902

Real Estate Taxes$8,213

Tax Year2023

Assessed Value$736,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$90,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$90,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.09%

Location Information for 150-152 Hamilton Ave, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Private School

Contact Information for 150-152 Hamilton Ave, Lynn MA 01902

Agent

Name: Matt Tasgin

Office

Name: United Brokers

Phone: 781-629-2258

Payment Calculator

, Interest

Property Taxes 684.42

Principal & Interest 5545.43

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

United Brokers

Matt Tasgin

Agent Phone

Office Phone

(781) 629-2258

Text Agent Call Agent Call Office

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EXIT

Closed

150-152 Hamilton Ave, Lynn MA 01902

$899,986

Annual Expenses for 150-152 Hamilton Ave, Lynn MA 01902

Annual Income & Unit Breakdown for 150-152 Hamilton Ave, Lynn MA 01902

General Information for 150-152 Hamilton Ave, Lynn MA 01902

Disclosures for 150-152 Hamilton Ave, Lynn MA 01902

Financial Information for 150-152 Hamilton Ave, Lynn MA 01902

Location Information for 150-152 Hamilton Ave, Lynn MA 01902

Contact Information for 150-152 Hamilton Ave, Lynn MA 01902

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