Lynn, MA 01901,116-124A Central
Lynn, MA 01901,116-124A Central
Lynn, MA 01901,116-124A Central
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$5,289,000
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18 BD
21 BA
17,120 SqFt
New

116-124A Central Lynn, MA 01901

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UPDATED:

12/17/2024 08:05 AM

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 17,120 sqft

Price per Sqft $308

MLS Listing ID 73319745

Bedrooms 18

Full Baths 21

Year Built 1920

Annual Tax Amount $52,431

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Description

116-124A Central, Lynn, MA is a prime mixed-use property featuring 18 residential apartments and 3 retail spaces in a highly convenient downtown location, steps from public transportation. Located in an Opportunity Zone, this property offers significant investment advantages. Recent renovations include repointing the front masonry wall, full lead compliance, replacement of three main sewer lines, and complete renovations of 2 commercial spaces and 12 apartments. Additionally, the building features coin-operated laundry in the basement, adding extra income potential. This well-maintained property is a standout investment in the heart of Lynn.

Location

State MA

County Essex

Zoning Mixed-Use

Direction Central Street

Exterior

Roof Type Rubber

Garage No

Building

Lot Description Level

Story 3

Foundation Block

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by Greenville Real Estate Group, Inc.

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Deborah Lucci

Agent | License ID: 9027989

+1(978) 771-9909

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116-124A Central