For more information on this property,
contact Richard Powers at
413 & 8
Boston St And Carnes St,
Lynn,
Massachusetts
MA
01905
Sold For: $2,000,000
Listing ID 72925066
Status Closed
Sold Date 12/30/2021
Bedrooms 24
Full Baths 12
Total Baths 12
SqFt 9,630
Acres 0.190
Year Built 1873
Property Description:
Great income potential , 12 units, all separate utilities and all units have lead certificate, 4 room 2 bedroom units , Well maintained with recent upgrades. 12 tankless heat and hot water units installed in the fall of 2019, Updated electric , Roofs approximately 15 years old. off street parking for 10-12 cars Convenient location, Close to schools and shopping
Richard Powers
Primary Features
County:
Essex
Property Sub Type:
5-9 Family
Property Type:
Residential Income
Year Built:
1873
Interior
Appliances:
Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Gas Water Heater,Tank Water Heaterless
Basement:
Full, Interior Entry, Bulkhead, Concrete
Bathrooms Total Decimal:
12
Building Area Units:
Square Feet
Flooring:
Wood,Vinyl,Varies Per Unit
Heating:
1
Heating Type:
Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
Interior Features:
Unit 1(Lead Certification Available,Bathroom With Tub & Shower), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
Living Area:
9630
Heat Zones:
12
Rooms Total:
48
Stories Total:
7
External
Construction Materials:
Frame
Door Features:
Insulated Doors
Electric:
Circuit Breakers
Exterior Features:
Rain Gutters
Farm Land Area Units:
Square Feet
Fencing:
Fenced
Foundation Area:
1560
Foundation Details:
Stone, Brick/Mortar
Frontage Length:
100.00
Lot Features:
Corner Lot, Level
Lot Size Area:
0.19
Lot Size Square Feet:
8142
Lot Size Units:
Acres
Number Of Units Total:
12
Open Parking:
1
Parking Features:
Paved Drive, Off Street, On Street, Driveway, Paved
Parking Total:
11
Road Frontage Type:
Public
Roof:
Rubber
Sewer:
Public Sewer
Water Source:
Public
Window Features:
Insulated Windows, Screens
Location
Building Area Source:
Public Records
Community Features:
Public Transportation, Shopping, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
Country:
US
Directions:
Corner of Carnes
Waterfront Features:
Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Zoning:
R4
Additional
Color:
Blue
FLRS 2:
1
FLRS 3:
1
FLRS 4:
2
GRE:
15800
Lead Paint:
Certified Treated
Levels 1:
1
Levels 2:
1
Levels 3:
1
Levels 4:
1
Listing Alert:
No
Mls Status:
Sold
FLRS 1:
2
Offline List Number:
3361358
Page:
594
RFS:
1080
UFFI:
No
Year Built Details:
Approximate
Year Built Source:
Public Records
Year Round:
Yes
Financial
Buyer Agency Compensation:
2
Compensation Based On:
Net Sale Price
Contingency:
Pending P&S
Current Financing:
Cash
Disclosure:
N
Disclosures:
413 Boston St And 8 Carnes St
Down Payment Resource:
No
Electric Expense:
700
Financial Data Source:
Owner
Gross Income:
146400
Insurance Expense:
13000
Lease 1:
N
Lease 2:
N
Lease 3:
N
Lease 4:
N
List Price Per SqFt:
223.26
Listing Terms:
Seller W/Participate
Net Operating Income:
130600
Operating Expense:
15800
Price Per SqFt:
207.68
Rent Includes:
Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Sub Agency Offered:
No
Tax Annual Amount:
20647.34
Tax Assessed Value:
1584600
Tax Book Number:
18338
Tax Year:
2021
Total Actual Rent:
12200
Transaction Broker Compensation:
2
Water Sewer Expense:
12000
Zoning Info
© 2023 MLS Property Information Network, Inc. (MLSPIN). The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. This information was last updated on Saturday, June 3rd, 2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Please contact Toner Real Estate directly for additional information pertaining to the status and availability of properties displayed on this website.Contact - Listing ID 72925066
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