MA
Essex
Lynn
01902
4-4A Broad St
4-4A Broad St, Lynn, MA 01902
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Listing Type
Multi Family
Listing Status
Active
39
$1,190,000

Home Details for 4-4A Broad St

Price
$1,190,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
5
Full Bathrooms
5
Square feet
4089
Year built
1900
Lot size acres
0.17
County
Essex
Total rooms
18
Basement
Full
MLS Listing#
73520240
Property Description

This investment checks off all of the boxes: Recently remodelled and ready to rent to your own hand picked tenants now for great income, and also build out a protected ADU in the separate carriage house for an additional unit. Ample parking (8 spaces), vinyl siding, fresh paint, new carpet and luxury vinyl tile. Sprinkler system installed for reduced insurance rates. Potential of $13-14,000 total monthly income including the ADU, and $11-11,500 in current state. Coin operated laundry in basement for even more income. Currently only one tenant occupying a second floor one bedroom unit, as the owner left the others vacant to renovate and allow the new owner to hand pick their own tenants. Great location, close to beach, bus line to Boston on street. Easy to show, but shown by appointment only to allow investors ample time to focus on this opportunity.

Property Features
  • Parking
    • Paved
    • Off Street
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: Atlantic Coast Homes,Inc - 978-777-4444
Presented by: David Potter
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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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