7.5% CAP RATE on this 17-unit multifamily investment opportunity in the heart of Downtown Lynn. Spanning two well-maintained, three-story buildings directly across from one another, the property offers 14,637± square feet of living area and 19,702± square feet of total gross area. The asset features a highly desirable and balanced unit mix consisting of four (4) one-bedroom units, ten (10) two-bedroom units (including two townhome-style layouts), and two (2) townhome-style three-bedroom units and one (1) single-level three-bedroom unit, appealing to a broad tenant base and supporting long-term occupancy stability. Tenants are responsible for separately metered utilities which include heat and electric. Complemented by seven (7) off-street parking spaces, laundry hookups, and storage spaces for additional future revenue. This offering presents investors with a rare opportunity to acquire critical mass in a growing downtown location with strong fundamentals and upside potential.
14,637 Sq Ft
0.24 Privé-hectaren Partijgrootte
investering
US$ 35.484 Jaarlijkse belasting
Ingebouwd 1988
MLS/Listing ID 73481300
3 Verhalen
17 Eenheden
Community - Shopping
Community - Public Transportation
Stone
Betonnen omheining
Parking - Paved
Parking - On Street
Parking - Off Street
TOTALE MAANDELIJKSE KOSTEN
US$ 0
US$ 0
US$ 0