71 Harwood St, Lynn, MA 01902
- $3,300,000
- 12
- BD
- 12
- BA
- 10,224
- SqFt
- List Price
- $3,300,000
- Status
- ACTIVE
- MLS#
- 73561330
- Bedrooms
- 12
- Bathrooms
- 12
- Full Baths
- 12
- Living Area
- 10,224
- Lot Size (Acres)
- 0.18
- Year Built
- 1905
Property Description
Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.
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Additional Information
- Taxes
- $24,526
- Parking Description
- Paved Drive, Off Street, Paved
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Katy Loucks from Listing Office: Lamacchia Realty, Inc..
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