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13 Lafayette Park, Lynn MA 01902

$634,900

Estimated $1,558/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $317,450

Total Rent: 19800/year

Estimated CAP Rate:

4 Bedrooms

Baths

1802

Total Parking: 3

3,811 (0.09)

Perfect multi-family for the owner occupant or savvy investor seeking to add to their real estate portfolio. Turn of the century two family home w/ desirable multi level, side by side, townhouse style units. Positioned just outside of Goldfish Pond Park & a short distance from scenic Lynn Shore Drive. Owner's unit to be delivered vacant at closing with 2 levels of living, is spacious and bright, featuring hardwood floors, high ceilings, open concept dinning / kitchen, living, w/ two bedrooms, accented w/ cathedral ceiling main bedroom, 1.5 bath, and cozy home/office space. 2nd unit (also townhouse style) has living room, kitchen, & 3/4 bath on 1st floor w/ two bedrooms upstairs. TAW currently in unit #2 who would like to stay. House has older electrical fuse box system (separated electrical panels) w/ 1 natural gas meter for the house. However 2 independent heating systems (forced hot air by natural gas) and hot water tank are present, with basement laundry area. Great value!!!

This home has been viewed 30 times

Last Checked: May 8th, 2024 at 1:26am (Source: MLS PIN #73196868)

Gross Income: $19,800

Gross Expenses: $6,341

Net Income Calc: $13,459

Water Views

Annual Expenses for 13 Lafayette Park, Lynn MA 01902

Total Gross Expenses (Calculated)$6,341/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6341

Annual Income & Unit Breakdown for 13 Lafayette Park, Lynn MA 01902

Total Gross Income (Calculated)$19,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 13 Lafayette Park, Lynn MA 01902

Listing ID73196868

Property TypeMulti Family / 2 Family

Price634900 ($352.33/SqFt)

Style2 Family - 2 Units Side By Side

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total1802

Approximate Lot Size (Acres)0.09

Total Parking3

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area950

Foundation Description

Accessible Features

Outdoor Space

ZoningR1

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 13 Lafayette Park, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

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 Compensation1

Compensation Based OnGross/full Sale Price

Financial Information for 13 Lafayette Park, Lynn MA 01902

Real Estate Taxes6341

Tax Year2023

Assessed Value$568,700

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 13 Lafayette Park, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 13 Lafayette Park, Lynn MA 01902

Agent

Name: Stonehurst RE Group

Office

Name: Keller Williams Realty Evolution

Phone: 781-395-5600

Payment Calculator

, Interest

Property Taxes 528.42

Principal & Interest 3912.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Stonehurst RE Group

Agent Phone

Office Phone

(781) 395-5600

Text Agent Call Agent Call Office

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    [description] => Perfect multi-family for the owner occupant or savvy investor seeking to add to their real estate portfolio. Turn of the century two family home w/ desirable multi level, side by side, townhouse style units. Positioned just outside of Goldfish Pond Park & a short distance from scenic Lynn Shore Drive. Owner's unit to be delivered vacant at closing with 2 levels of living, is spacious and bright, featuring hardwood floors, high ceilings, open concept dinning / kitchen, living, w/ two bedrooms, accented w/ cathedral ceiling main bedroom, 1.5 bath, and cozy home/office space. 2nd unit (also townhouse style) has living room, kitchen, & 3/4 bath on 1st floor w/ two bedrooms upstairs. TAW currently in unit #2 who would like to stay. House has older electrical fuse box system (separated electrical panels) w/ 1 natural gas meter for the house. However 2 independent heating systems (forced hot air by natural gas) and hot water tank are present, with basement laundry area. Great value!!!
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    [unparsed] => 13 Lafayette Park, Lynn MA 01902
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EXIT

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