Great Investment or Owner occupied 4,410 sq ft 3 family House in highly desirable Diamond District, just steps away from the Beach !!! All three large apartments have LR, formal DR, eat - in kitchen, three good sized bedrooms. Second and third floor apartments have very nice sunrooms. Hardwood flooring on every floor. Plenty of closets and storage spaces. Basement has connections for washer and dryer. All separate utilities. House improvements include : 2015 - Roof, 2023 - New front porch, 2022 - New Sewer pipe, 2015 - Asbestos removal, all three Water heaters are new. House has new insulation, a lot of newer windows. Apartments 2,3 bathrooms where renovated in 2020. Apartment 3 kitchen was updated in 2020. Close proximity to commuter rail to North Station, restaurants & shops. Short distance to Logan Airport and Downtown Boston. First floor is vacant and needs TLC.
Sale Statistics
Sale Overview
Original List Price:$999,900
Final Sale Price:$1,100,000
Difference:
+$100,100 (+10.0%)
Performance Metrics
110.0%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$227
Sale $/sq ft:$249
This property sold for $249 per square foot
Sale Summary
This property sold for 10.0% above the original asking price, indicating strong buyer demand.
With only 9 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
3 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
9
Full Bathrooms
3
Living Area
4,410 sq ft
Total Rooms
21
Stories
3
Levels
3
Interior Features
Flooring
Wood, Tile, Carpet
Heating
Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Disposal, Refrigerator
Interior Features
Lead Certification Available, Storage, Living Room, Dining Room, Kitchen, Sunroom
Basement Details
Full
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Patio/Porch Features
Porch, Deck
Has Spa
No
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.08 acres
Lot Size
3,620 sq ft
Lot Size Area
0.0800
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Marina, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$10,219
Tax Year
2024
Tax Assessed Value
$970,500
Tax Map Number
093
Parcel Number
2001524
Zoning
resident
Financial Data Source
Owner
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Apartments 2, 3 have lead certificates. Market rent is $2, 600/MM - $2, 700/MM plus. Income may be $1, 500/MM or $18, 000/year higher. All tenants are TW. Closing Day needs to be in January of 2025.
Location
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Neighborhood
3-3A Nichols St, Lynn MA 01902
Lynn, MA 01902
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$852
Homeowners Insurance$200
PMI$0
Property History
Market Insights
9.1%
Price Range
10
Total Days on Market
Property Timeline
✓
Sold
Jan 7, 2025
$1,100,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Sep 30, 2024
$999,900
Original listing
Agent: Sima RotenbergOffice: William Raveis R.E. & Home Services
