162 Washington St, Lynn, MA 01902

$1,199,000
11
BD
3
BA
4,088
SqFt

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List Price
$1,199,000
Status
ACTIVE
MLS#
73546120
Year Built
1890
Levels
3
Bedrooms
11
Bathrooms
3
Acres
0.08
Living Area
4,088

Property Description

Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!

Additional Information

Taxes
$9,659
Lot Desc
Corner Lot, Level
Lot Size
3,306
Interior Features
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
Flooring
Tile, Hardwood
Heating
Baseboard, Natural Gas, Hot Water, Forced Air
Sewer
Public Sewer
Water Source
Public
Appliances
Range, Microwave, Refrigerator
Exterior
Frame
Exterior Features
Balcony/Deck, Balcony
Parking Spaces
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: The Decotis Group from Listing Office: Lyv Realty.

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