MA
Essex
Lynn
01902
43 Highrock Street
43 Highrock Street, Lynn, MA 01902
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Listing Type
Commercial/Industrial
Listing Status
Active
6
$1,900,000

Home Details for 43 Highrock Street

Price
$1,900,000
Type
Commercial Sale
Total Bathrooms
6
Year built
1900
Lot size acres
0.1
County
Essex
MLS Listing#
73538789
Property Description

Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

Property Features
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: Clements Realty Group - 781-595-9600
Presented by: Eugene L. Clements
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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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