Northeast Private Client Group® is pleased to present The North Shore Commons at 69 N Common Street and 10 Hanover Street in Lynn, MA.This three-story, 14,680-square-foot building, built in 1905, has recently been renovated and received significant CapEx. It consists of 48 fully furnished single-room occupancy units (SROs) and a 6,202-square-foot adjacent vacant lot, zoned R-5 in the rear (10 Hanover St) to be sold separately. There are 12 new bathrooms, four on eachfloor. Newly added common kitchens with cabinets and granite countertops. New laundry facility & folding stations on site. The rooms include brand-new refrigerators, plasma TVs, and virtual touch security. Desirable Lynn Commons location. Easy access to Boston and Logan International Airport via Lynn Station Commuter Rail stop.All interested and qualified parties can tour the property during scheduled appointments and obtain additional information upon request.
10,980 Sq Ft
6,708 Sq Ft Lot Size
Investment
$29,657 Annual Tax
Built in 1905
MLS/Listing ID 73447492
3 Stories
48 Units
Stone
Beach Ownership - Public
Lot - Level
1/2 to 1 Mile To Beach
Parking - Off Street
Insulated Windows
Community - Highway Access
Community - Laundromat
Community - Public School
Community - T-Station
Community - Shopping
Community - Public Transportation
Community - Park
Construction - Frame
Natural Wood
Parking - Available for Purchase
Rubber
TOTAL MONTHLY COST
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