7-9 Holland Ave, Lynn MA 01905
About this home
7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
Sale Statistics
This property sold for 2.6% above the original asking price, indicating strong buyer demand.
With only 14 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
7-9 Holland Ave, Lynn MA 01905
Lynn, MA 01905
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Mar 28, 2025Listed for Sale
Nov 25, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/28/2025 | ✓ Sold | $1,950,000 | - | - | Property sold |
| 11/25/2024 | 🏠 Listed for Sale | $1,900,000 | - | - | Original listing |