29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.
8,694 Sq Ft
0.26 Private Acres Lot Size
investment
$1 Monthly Tax
Built in 1900
MLS/Listing ID 73525911
5 Stories
12 Units
Ocean
Walk to
Public Sewer
Public Water
Range
Community - Sidewalks
Community - Shopping
Community - Public Transportation
Community - Park
Community - Marina
Construction - Frame
Natural Wood
Carpet
Stone
Brick Mortar
Beach Ownership - Public
Heating - Baseboard
Washer Hookup
Lot - Gentle Sloping
Parking - Shared Driveway
Parking - Paved
Parking - Off Street
Porch
Harbor
Bay Front
Community - House of Worship
Community - Public School
Community - University
Community - Walk/Jog Trails
Lead Certification Available
Rubber
1/10 to 3/10 To Beach
TOTAL MONTHLY COST
$0
$0
$0