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7-17 Union, Lynn MA 01902 – 24 bed 198 bath For Sale – 73319767

$ 4,290,000
7-17 Union, Lynn MA 01902,
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Overview

  • Updated On:
  • December 17, 2024
  • listingid
  • 73319767
  • 24 Bedrooms
  • 148.5 Bathrooms
  • 0 Garage Spaces
  • 1 Total Parking
  • 1900
  • HOA Fee

Description

1-17 Union Street, Lynn, MA offers two updated mixed-use properties on the same lot, with 12 apartments and 8 retail storefronts. The brick building was fully renovated in 2021, and the second property received a new roof, siding, windows, and gutters in 2024. This well-maintained asset combines modern updates with excellent rental income potential in a prime location.

Property Details

Property Id: 504288
Price: $ 4,290,000
Property Size: 9,999.00 ft2
Property Lot Size: 0.07 ft2
Rooms: 99
Bedrooms: 24
Bathrooms: 148.5
Full Bath: 99
Half Bath: 99
Total Bathrooms: 148.5
Disclosures: Y
Last Updated: 2024-12-17T08:17:39.749Z
Building Area Source: Owner
Building Area Total: 9999
Building Area Units: Square Feet
Directions: Corner of Union and Chestnut
Expiration Date: 1900-01-01
Foundation Details: Block
Gross Income: 404244
List Agent MlsId: CN218989
List Office MlsId: NB2539
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-12-13
Listing ID: 73319767
Lot Features: Corner Lot
Lot Size: 0.07
Lot Size SqFt: 3000
Lot Size Units: Acres
Date Available: Yes
Bedroom 1: 2
Bedroom 2: 2
Bath 1: 2
Bath 2: 2
Lead Paint: Yes
Lease 1: Y
Lease 2: Y
Unit 1 Living Levels: 1
Unit 2 Living Levels: 1
Listing Alert: No
Price Per SqFt: 429.04
Days in Market: 4
Total Days on Market: 4
MLS PIN Page: 999
Price Per SqFt: 429.04
Unit 1 Rent: 2600
Unit 2 Rent: 1800
Living Area Includes Basement: No
MLS Status: Active
Last Updated: 2024-12-17T08:05:00.000Z
Net Operating Income: 290400
Number Of Units: 20
Operating Expense: 113844
Original List Date: 2024-12-13T20:38:00.000Z
Original List Price: 4290000
Parcel Number: 2003061
Total Parking: 1
Sewer: Public Sewer
State: MA
Status Change Time: 2024-12-13T20:38:00.000Z
Total Stories: 3
Tax Annua lAmount: 56290
Tax Assessed Value: 999
Tax Book Number: 999
Tax Year: 2024
Total Actual Rent: 4400
Water Source: Public
Year Built: 1900
Year Built Details: Actual
Year Built Source: Public Records
Zoning: MIxed-Use

Payment Calculator

$ 24,580.57
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 20,576.57

Property Address

Address: 7-17 Union, Lynn MA 01902
City:
State/County:
Zip: 01902
Country: US
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7-17 Union, Lynn MA 01902 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

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7-17 Union, Lynn MA 01902 – 24 bed 198 bath For Sale – 73319767

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