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63 Lynnway Portfolio
Lynn, MA 01902

$13,150,000

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Listing Details

  • $13,150,000
  • MLS# 73538322
  • Type Multi Unit - Multiple
  • Status Active
  • 83
    Bedrooms
  • 71 full
    Bathrooms
  • 41,837
    Square Feet
  • 0.770 acres
    Lot Size
  • 1910
    Year Built

Listed By

Agency Name: North Shore Realty Advisors
Agent Name: Dan Pouladian
Agency Phone: 617-548-7737

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

Rare portfolio opportunity in Lynns Diamond District. The offering includes five multifamily properties located at 63-69 Lynnway, 100, 104 & 106 Newhall Street, plus an additional 9,592 SF parcel at 9 Chancery Lane, zoned R5 with potential development upside. The portfolio consists of 71 residential units, including 19 studios, 39 one-bedroom units, and 13 two-bedroom units, providing a diverse unit mix that appeals to a broad tenant base. Large scale capital improvements have been completed, minimizing near-term capital expenditures for new ownership. This is the opportunity to acquire scale in one of Greater Bostons most supply-constrained...read more

Features

  • Tile
  • Vinyl
  • Varies
  • Hardwood
  • 3.0 Stories
  • $128,874 Taxes
  • Public
  • Built in 1910

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