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4-4A Broad St Diamond District 01902, Lynn

$1,190,000

For Sale

4089 SqFt

Size

9

Bedrooms

5

Bathrooms

73520240

Property Id

Property image 1
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Description

This investment checks off all of the boxes: Recently remodelled and ready to rent to your own hand picked tenants now for great income, and also build out a protected ADU in the separate carriage house for an additional unit. Ample parking (8 spaces), vinyl siding, fresh paint, new carpet and luxury vinyl tile. Sprinkler system installed for reduced insurance rates. Potential of $13-14,000 total monthly income including the ADU, and $11-11,500 in current state. Coin operated laundry in basement for even more income. Currently only one tenant occupying a second floor one bedroom unit, as the owner left the others vacant to renovate and allow the new owner to hand pick their own tenants. Great location, close to beach, bus line to Boston on street. Easy to show, but shown by appointment only to allow investors ample time to focus on this opportunity.

Address

Address4-4A Broad St Diamond District 01902 Lynn, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

4 Family

Transaction Type

Sale

Year Built

1900

Total Rooms

18

Bedrooms

9

Bathrooms (Full)

5

Square Feet

4,089 sqft

Lot Size

7,298 sqft

Heating

Electric

Flooring

Wood, Tile

Parking

8

Total Rooms

18

Bedrooms

9

Full Bathrooms

5

Flooring

Wood, Tile

Appliances

Range, Dishwasher, Refrigerator

Heating

Electric

Basement

Full

List Price

$1,190,000

Original Price

$1,190,000

Price per Sqft

$291

Annual Property Taxes

$9,320

Tax Assessment Year

2026

Monthly Tax Estimate

$777

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