371 Boston, Lynn MA 01902
About this home
***PARTIAL SELLER FINANCING AVAILABLE!*** 371 Boston St. A 3 story 6-unit multi-family with great cash flow. Situated within close proximity to Market Basket, major transportation hubs, with less than 2 miles from the beach and the vibrant downtown Lynn area, convenience is at your doorstep. Tenants will appreciate easy access to shopping, dining, and commuting options. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking to make a smart entry into the real estate market, this multi-family building offers a rare blend of immediate returns and future prospects. Recent updates include the upper roof and hot water tank. Tenants pay for heat and electric. All separate electric meters. Don't miss out on the chance to secure a prime property in a thriving location. Moreover, additional opportunity awaits with the adjacent property at 8-8A Cedar Street.
Sale Statistics
This property sold for 9.1% below the original asking price.
With only 6 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
371 Boston, Lynn MA 01902
Lynn, MA 01902
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Dec 20, 2023Listed for Sale
Sep 29, 2023| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/20/2023 | ✓ Sold | $999,888 | - | - | Property sold |
| 09/29/2023 | 🏠 Listed for Sale | $1,100,000 | - | - | Original listing |