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41 Jackson St, Lynn MA 01902

$925,000

Estimated $2,160.63/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $308,333.33

Total Rent: 49200/year

Estimated CAP Rate: 4.46%

9 Bedrooms

3 Full Baths

2,976 SqFt

Total Parking: 1

2,587 SqFt

Excellent investment opportunity! This three-family home offers three bedrooms and one bathroom in each unit, along with separate living and dining rooms. With beautiful hardwood floors throughout and utilities already separated, this property is perfect for investors or those looking to live in one unit while generating income from the other two. Situated in a well-connected area, residents enjoy proximity to public transportation, including the Swampscott train station. Nearby amenities include medical facilities, shops, schools, and parks, making it a perfect spot for a balanced lifestyle. Whether you're expanding your portfolio or seeking a home with rental potential, this property checks all the boxes. Don’t miss the chance to view it at the open houses on Saturday, 11/2, and Sunday, 11/3, from 1pm to 3pm. Offer deadline Tuesday at Noon.

This home has been viewed 30 times

Last Checked: November 9th, 2024 at 5:21am (Source: MLS PIN #73298703)

Gross Income: $49,200

Gross Expenses: $7,929

Net Income Calc: $41,271

CAP Rate: 4.46%

Annual Expenses for 41 Jackson St, Lynn MA 01902

Total Gross Expenses (Calculated)$7,929/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,929

Annual Income & Unit Breakdown for 41 Jackson St, Lynn MA 01902

Total Gross Income (Calculated)$49,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$2,200

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

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

Unit 3

Rental Income$1,900

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

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

General Information for 41 Jackson St, Lynn MA 01902

Listing ID73298703

Property TypeMulti Family / 3 Family

Price$925,000 ($310.82/SqFt)

Style3 Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,976 SqFt

Approximate Lot Size (Acres)0.06 acres

Total Parking1

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesEasements

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 41 Jackson St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$49,200

Total Net Income By Broker$49,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 41 Jackson St, Lynn MA 01902

Real Estate Taxes$7,929

Tax Year2024

Assessed Value$753,000

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$49,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$49,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.46%

Location Information for 41 Jackson St, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHouse Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station, Private School

Contact Information for 41 Jackson St, Lynn MA 01902

Agent

Name: The Alianza Group

Office

Name: Nina-Soto Realty, LLC

Phone: 978-594-1292

Team Members

Name: Genesis Gonzalez

Phone: 978-707-6627

Name: Cynthia Nina - Soto

Phone: 978-704-8691

Payment Calculator

, Interest

Property Taxes 660.75

Principal & Interest 5699.56

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Nina-Soto Realty, LLC

The Alianza Group

Agent Phone

Office Phone

(978) 594-1292

Text Agent Call Agent Call Office

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EXIT

Withdrawn

41 Jackson St, Lynn MA 01902

$925,000

Annual Expenses for 41 Jackson St, Lynn MA 01902

Annual Income & Unit Breakdown for 41 Jackson St, Lynn MA 01902

General Information for 41 Jackson St, Lynn MA 01902

Disclosures for 41 Jackson St, Lynn MA 01902

Financial Information for 41 Jackson St, Lynn MA 01902

Location Information for 41 Jackson St, Lynn MA 01902

Contact Information for 41 Jackson St, Lynn MA 01902

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Nina-Soto Realty, LLC

The Alianza Group