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11 Bellair St

Lynn, MA 01902
  • $950,000
  • STATUS: Active
  • MLS #: 72919907
UPDATED: 69 min ago
$950,000
  • 12
    BEDS
  • 0.07
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,642
    SQFT
  • $205
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Colleen Toner of Toner Real Estate, Llc.

Description

Attention Investors!! Great Location! Large Well-Maintained 5 Unit Building In Lynn. 24 Rooms, 12 Bedrooms, 5 Bathrooms. 3 Units and Common Areas With Deleaded Certificates. 6 Separate Electric Meters. 3+ Car Parking On Paved Driveway And Additional Street Parking. Coin-Op Laundry In Basement. Steps To Shopping, Restaurants and Public. The Property Is Generating Income At A 7.67% Cap Rate. Don't Miss Out On This Great Investment Opportunity!

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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. Data last updated 2021-11-30T19:08:24.94.
www.bkaye.com/homes/123286425
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11 Bellair St Lynn, MA 01902

  • Price: $950,000
  • Status: Active
  • On Site: Days
  • Updated: 69 min ago
  • MLS #: 72919907
12
Beds
5
Baths
0
½ Baths
0.07
Acres
4,642
SQFT
$205
$/SQFT
1923
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Elementary School:
Lynn Public
Middle School:
Lynn Public
High School:
Lynn Public
Property Description
Attention Investors!! Great Location! Large Well-Maintained 5 Unit Building In Lynn. 24 Rooms, 12 Bedrooms, 5 Bathrooms. 3 Units and Common Areas With Deleaded Certificates. 6 Separate Electric Meters. 3+ Car Parking On Paved Driveway And Additional Street Parking. Coin-Op Laundry In Basement. Steps To Shopping, Restaurants and Public. The Property Is Generating Income At A 7.67% Cap Rate. Don't Miss Out On This Great Investment Opportunity!
Exterior Features

Beach Description Ocean Beach Miles To 1 To 2 Mile Beachfront Yes Color Grey Construction Frame Exterior ShinglesVinyl Exterior Features PorchGutters Foundation Fieldstone Foundation Size 35 X 45 Lot Description Paved Drive Parking Features Off-StreetPaved Driveway Parking Spaces 3 Road Type PublicPavedPublicly Maint. Roof Material Rubber Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features FullUnfinished Basement Bedrooms Unit1 4 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring TileVinylHardwood Floors Unit1 1 Floors Unit2 2 Floors Unit3 2 Floors Unit4 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 5 Heat Zones 5 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 24 Rooms Common Laundry Rooms Unit1 6 Rooms Unit2 5 Rooms Unit3 4 Rooms Unit4 5

Property Features

Amenities Public TransportationShoppingParkGolf CourseMedical FacilityLaundromatHighway AccessHouse Of WorshipPublic SchoolT-Station Apod Available Yes Assessments 643600.00 Disclosure No Disclosures 3 Units And Common Areas Have Been Deleaded. Electric Features Circuit Breakers100 Amps Expenses Source Owner Provided Expenses Year End 12/21 Gross Operating Income 89400 Lead Paint Certified TreatedUnknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 Y Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Net Operating Income 71654 Rent Unit1 1500 Rent Unit2 1600 Rent Unit3 1300 Rent Unit4 1500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 8596.00 Utility Connections For Gas RangeFor Electric RangeFor Gas OvenFor Electric OvenFor Electric DryerWasher Hookup Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning R4

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Colleen Toner of Toner Real Estate, Llc.


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. Data last updated 2021-11-30T19:08:24.94.
 
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BKaye Realty
1260 Sumner Ave
Springfield MA, 01118
Listing courtesy of Colleen Toner of Toner Real Estate, Llc.