Great West Lynn location for this large three family home. Units 1 & 2 are four bedrooms, with 1 and 2 bathrooms each. Third floor unit is a cozy two bedroom, one bathroom apartment. There are two additional rooms and a full bathroom in the basement. 4 off-street parking spaces. All gas systems for heating and hot water. All units are deleaded. Some upgrades maybe required. Long term tenants in place with some room for rent increases. Take advantage of the booming Lynn housing market and get your income producing property now.
This home has been viewed 41 times
Last Checked: May 7th, 2024 at 12:26pm (Source: MLS PIN #73136344)
Gross Income: $60,600
Gross Expenses: $7,918
Net Income Calc: $52,682
Annual Expenses for 95 South Street, Lynn MA 01905
Total Gross Expenses (Calculated)$7,918/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7918.73
Annual Income & Unit Breakdown for 95 South Street, Lynn MA 01905
Total Gross Income (Calculated)$60,600
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 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 95 South Street, Lynn MA 01905
Listing ID73136344
Property TypeMulti Family / 3 Family
Price839000 ($275.08/SqFt)
Style3 Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total3050
Approximate Lot Size (Acres)0.07
Total Parking4
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR4
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 95 South Street, Lynn MA 01905
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOwner
ExclusionsWasher/Dryer Negotiable
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 Compensation2
Sub-Agent Compensation2
Compensation Based OnGross/full Sale Price
Financial Information for 95 South Street, Lynn MA 01905
Real Estate Taxes7918.73
Tax Year2023
Assessed Value$710,200
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 95 South Street, Lynn MA 01905
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 95 South Street, Lynn MA 01905