35-37 Park St, Lynn, MA 01905

$1,494,986
12
BD
6
BA
5,631
SqFt

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List Price
$1,494,986
Status
ACTIVE
MLS#
73519410
Price Change
▼ $35,000 1784068714
Year Built
1900
Levels
5
Bedrooms
12
Bathrooms
6
Acres
0.12
Living Area
5,631

Property Description

Welcome to your next investment opportunity! 35-37 Park St presents a rare chance to acquire a well-located 6-family property in one of Lynn’s strong and continuously growing rental markets. 7.2% current CAP and fully lead compliant! This large multifamily offers excellent income-producing potential with multiple units, strong cash flow opportunity, and long-term upside for both seasoned investors and owner-occupants looking to build wealth through real estate. New front entrance with with granite steps, new fencing, new concrete around foundation, new landscaping, repaired siding, rear porch, exterior of building. Conveniently located near major highways, public transportation, shopping, restaurants, schools, parks, and downtown Lynn. With consistent rental demand and future value-add potential, this is an ideal opportunity for investors looking to generate steady rental income while benefiting from long-term appreciation.

Additional Information

Taxes
$12,063
Lot Desc
Level
Lot Size
5,123
Interior Features
Living Room, Dining Room, Kitchen
Flooring
Tile, Vinyl, Carpet, Varies, Hardwood
Heating
Hot Water
Sewer
Public Sewer
Water Source
Public
Appliances
Range, Refrigerator
Exterior
Frame
Exterior Features
Decorative Lighting
Parking Spaces
6

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Matt Tasgin from Listing Office: United Brokers.

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