Prime Investment Opportunity, 5.6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.
4,740 Sq Ft
3,584 Sq Ft Lot Size
investment
$775 Monthly Tax
Built in 1880
MLS/Listing ID 73542427
3 Stories
3 Units
Lot - Level
Lot - Easement
Parking - Paved
Parking - Off Street
Covered
Community - Laundromat
Community - Public School
Balcony - Deck
Bathroom with Tub and Shower
Living Room
Rubber
1 to 2 Mile To Beach
Beach Ownership - Public
Ocean
Public Sewer
Public Water
Refrigerator
Range
Pantry
Heating - Natural Gas
Heating - Oil
Stone
Hardwood
Construction - Frame
Community - Park
Community - Public Transportation
Freezer
TOTAL MONTHLY COST
$0
$0
$0