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Canceled

671-677 Western Avenue, Lynn MA 01905

$2,500,000

Estimated $6,141.77/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $2,500,000

Total Rent: 0/year

Estimated CAP Rate: -1.00%

0 Bedrooms

Baths

Total Parking: 10

10,300 SqFt

Attention Investors!! Great Income Potential!! 14 Units Total!! 5 Unit Residential Multi-Family Building Being Sold As a Package with a 9 Unit Multi-Family Building!! 44-46 Mall St: 27 Rooms, 17 Bedrooms, 5 Bathrooms. 4 3-Bedroom Units and 1 5-Bedroom Unit. 5 New Gas Boilers, 8 Year-Old Roof and Sprinkler System In Common Areas. Each Apartment Has Their Own 60 Amp Electric. 671-677 Western Ave: 33 Rooms, 15 Bedrooms, 9 Kitchens, 9 Living Rooms and 9 Bathrooms. 6 1-Bedroom Units and 3 3-Bedroom Units. Brand New Fire Alarm System Hooked Into Central Station. 6 New Boilers, Some Newer Stoves and Dishwashers. High Ceilings. Replacement Windows. Deleaded Certificates. Detailed Financials Available for Serious Inquiries. Conveniently Located Near Public Transportation, Shopping, Restaurants and Schools!

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 8:37am (Source: MLS PIN #73153039)

Gross Income: $0

Gross Expenses: $25,056

Net Income Calc: $25,056

CAP Rate: -1.00%

Annual Expenses for 671-677 Western Avenue, Lynn MA 01905

Total Gross Expenses (Calculated)$25,056/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$25,056.40

Annual Income & Unit Breakdown for 671-677 Western Avenue, Lynn MA 01905

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 671-677 Western Avenue, Lynn MA 01905

Listing ID73153039

Property TypeMulti Family / 5+ Family

Price$2,500,000

Style

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total

Approximate Lot Size (Acres)0.24 acres

Total Parking10

Garage Parking

Year Built1900

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningR4

Zoning DetailsLegal Conforming

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 671-677 Western Avenue, Lynn MA 01905

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

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 Compensation2

Sub-Agent Compensation

Compensation Based On

Financial Information for 671-677 Western Avenue, Lynn MA 01905

Real Estate Taxes$25,056.40

Tax Year2023

Assessed Value

Financial Data Source

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)-1.00%

Location Information for 671-677 Western Avenue, Lynn MA 01905

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 671-677 Western Avenue, Lynn MA 01905

Agent

Name: Colleen Toner

Office

Name: Toner Real Estate, LLC

Phone: 781-780-9054

Payment Calculator

, Interest

Property Taxes 2088.03

Principal & Interest 15404.2

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Toner Real Estate, LLC

Colleen Toner

Agent Phone

Office Phone

(781) 780-9054

Text Agent Call Agent Call Office

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EXIT