MA
Essex
Lynn
01902
39 Newhall St
39 Newhall St, Lynn, MA 01902
Share Listing
Listing Type
Multi Family
Listing Status
pending
23
$4,550,000

Home Details for 39 Newhall St

Price
$4,550,000
Type
Residential Income
Bedrooms
31
Bathrooms
23.0
Square feet
16052
Year built
1910
Lot size acres
0.14
County
Essex
Total rooms
74
Garage
Basement
Unfinished
Days on site
248
MLS Listing#
73340893
Property Description

39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

Property Features
  • Waterfront and Water Access
    • Beach Front
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: Horvath & Tremblay - 781-776-4000
Presented by: Kelleher - Pentore Team
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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