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Closed

13 Adams Ct, Lynn MA 01902

$479,900

Estimated $1,443.99/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $239,950

Total Rent: 0/year

Estimated CAP Rate: -1.66%

6 Bedrooms

3 Full Baths

2,621 SqFt

Total Parking: 6 (2 Garage)

4,309 SqFt

GREAT OPPORTUNITY FOR THE SAVVY INVESTOR!!! 2 FAMILY in EAST LYNN!!!13 Adams Court in Lynn is the next project you have been looking for! Property being sold AS-IS, WHERE-IS and the seller makes no warranties about the condition it is in! All the demo work is done, some plumbing and electrical, new windows, new siding, newer roof, ready for the finishing touches and for you to make a profit!! Unit 1 consists of 5 rooms, 2 bed and 1 bath, unit 2 has a townhouse, 2 level layout, with possibility of 3-4 beds, 2 baths and a deck! A FULL WALKOUT basement is waiting to be finished and an OVERSIZED GARAGE is the added bonus to this great investment! Hurry, it will go fast!! DO NOT WALK THE PROPERTY WITHOUT AGENT! CASH or REHAB LOANS ONLY!! It will not qualify for FHA or Conventional loans!! ONLY BUYERS AND AGENTS allowed to walk the property, please use caution!!

This home has been viewed 25 times

Last Checked: May 7th, 2024 at 8:11am (Source: MLS PIN #73068766)

Gross Income: $0

Gross Expenses: $7,990

Net Income Calc: $7,990

CAP Rate: -1.66%

Beach Front

Annual Expenses for 13 Adams Ct, Lynn MA 01902

Total Gross Expenses (Calculated)$7,990/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,990

Annual Income & Unit Breakdown for 13 Adams Ct, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 13 Adams Ct, Lynn MA 01902

Listing ID73068766

Property TypeMulti Family

Price$479,900 ($183.1/SqFt)

StyleMulti Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,621 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking6 (2 Garage)

Garage Parking2 / Detached

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

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

Energy Features

Terms

Disclosures for 13 Adams Ct, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 13 Adams Ct, Lynn MA 01902

Real Estate Taxes$7,990

Tax Year2022

Assessed Value$642,800

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.66%

Location Information for 13 Adams Ct, 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, Medical Facility, Laundromat, Public Transportation, T-station, Marina

Contact Information for 13 Adams Ct, Lynn MA 01902

Agent

Name: Jona Zepaj

Office

Name: Lyv Realty

Phone: 978-533-8000

Payment Calculator

, Interest

Property Taxes 665.83

Principal & Interest 2956.99

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lyv Realty

Jona Zepaj

Agent Phone

Office Phone

(978) 533-8000

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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EXIT