Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

4 - 4A Broad

Diamond District - Lynn, MA ID #73312289

Property Description

A few streets to the beach! 4-FAMILY plus SHOP in CARRIAGE HOUSE with endless possibilities! This 4-family + is located near King's Beach & Swampscott in the Diamond District. Newer roof, newer siding & many newer windows throughout. Property features sprinkler system for future condo readiness reduced insurance policy. Heating system for unit 1 is <10 years old, all other units have separate electric heat. Hot water is included in all rents. De-lead info available for Unit #1. All rents UNDER MARKET! Coin operated laundry in basement for tenants, garages rented at $150 monthly each & you still have 8 more parking spots for tenants! All tenants except Unit 3 are tenant-at-will, this property has potential to be very profitable, assessed at $ 1,149,000 priced to sell - incredible opportunity for savvy buyer City encourages development of ancillary structures (LOT over 7000 square feet) expand 5th unit, legal hobby-workshop, office/BUSINESS. Buyer completes independent due diligence.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 4 Family
  • Area: Diamond District
  • Zip Code: 01902
  • Taxes: 12
  • Living Levels: 8
  • Acres: 0.17

Parking

  • Garage: 2
  • Garage Capacity: 2
  • Parking: Paved Drive, Off Street, Leased, Paved
  • Parking Spaces: 10

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 8
  • Total Rooms: 17

Location

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4 - 4A Broad, Lynn, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Clarendon Companies Group of Clarendon Companies Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.