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| Listing: 1 of 1 | Updated 33 minutes ago |
148 Liberty Street located in downtown Lynn is a handsome brick 4-story elevator apartment building consisting of twenty-four (24) residential units. The asset offers an attractive unit mix of seven (7) two-bedroom units, and seventeen (17) one-bedroom units with recently renovated common areas. The offering presents a strong value-add opportunity for investors with an entry cap-rate of 5.8% and a stabilized cap rate of 7.7%. The property is surrounded by many amenities, restaurants, commuting routes into Boston, and public transportation. Tenants are responsible for their own separately metered utilities such as heat, hot water, and electric making this an ideal investment. The property has undergone a number of capital improvements such as common area lighting, flooring, painting, masonry pointing, hot water tank replacements.
General Information for 148 Liberty Lynn, MA 01901 |
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| Town | Lynn |
| County | Essex |
| Stories | 9 |
| SQFT | 13,376 |
| Status | Under Contract |
| Listing Number | 73317676 (MLSPIN) |
Rooms Information for 148 Liberty Lynn, MA 01901 |
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Interior Information for 148 Liberty Lynn, MA 01901 |
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| Basement | Full Partially Finished Dirt Floor Concrete |
| Interior Features | Tile Vinyl Carpet |
Exterior Information for 148 Liberty Lynn, MA 01901 |
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| Lot Size | 0.11 acres |
| Lot Description | Level |
| Construction | Frame Brick |
| Parking | On Street |
| Lot | Level |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 148 Liberty Lynn, MA 01901 |
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| Neighborhood Amenities | Public Transportation Shopping Walk/Jog Trails Medical Facility Public School T-Station University |
Miscellaneous Information for 148 Liberty Lynn, MA 01901 |
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| Year Built | 1943 |
| Association Fee | 0 |
| Taxes | $41,061 /Yr |
| Comp | Buyer Agency Compensation: Buyer Agency Compensation Type: Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On: Sub-Agency Relationship Offered:No |
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| Condo | Data |
|---|---|
| Units | 6,878 |
| Avg Price | $1,001,951 |
| Avg Days Listed | 88 |
| Total New Listings | 3 |
| House | Data |
|---|---|
| Units | 11,661 |
| Avg Price | $1,307,443 |
| Avg Days Listed | 76 |
| Total New Listings | 0 |
| Multi-Family | Data |
|---|---|
| Units | 1,797 |
| Avg Price | $1,280,668 |
| Avg Days Listed | 103 |
| Total New Listings | 0 |
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| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 33 minutes ago |
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.
(AN7007/NB115212)
