109 Lincoln St

Excellent income property for an investor with funds to invest. Professionally managed and fully rented with good tenants and gross income of $73,200 per year. Listing agent is the property manager. There are 5 lead paint compliance certificates, one for each apartment. 5 Gas hot water tanks and 4 gas boilers. The 1 bedroom apartment has electric heat. For the two 3 bedroom units one has to pass through the 2nd bedroom to get to the third bedroom. The property is in good condition overall with room for further improvements. Good parking and room to expand. The building was extensively remodeled between 2017 and 2021. The 5 year structural certificate for the egress was signed off by a Building Inspector and subsequently revoked by the Building Superintendent. Work will need to be done to remediate this issue. Extensive information on this will be provided in the attached documents. First showing will be at the open house this Saturday, 05/10/2025 from 2:00 to 4:00