Multi Family

90 Essex St

Lynn, MA 1902 · MLS 73567599

$1,795,000

8,672 sqft

  • Beds—
  • Baths—
  • Sq Ft8,672
  • Year1910
  • Style—
  • $ / Sq Ft$207
  • HOA—
  • Taxes$10,535
  • Parking4
  • Lot5136.0
  • MLS73567599
  • StatusActive

About this home

Exceptional mixed-use investment opportunity! Recently fully renovated, this well-maintained property features one commercial unit and three residential units, all fully occupied, offering immediate and strong income potential with an estimated 8% cap rate. Ideally situated on a corner lot with off-street parking and convenient access to public transportation, shopping, restaurants, major highways, and the beach. An excellent opportunity for investors or owner-occupants looking to expand their real estate portfolio. Put your money to work! Drive by and discover this outstanding income-producing opportunity. Explore the potential of real estate investing with this fully rented, income-producing property. Drive by and see this exceptional opportunity!

Location

DirectionsMore in Lynn

More about Lynn

Lynn Profile Snapshot
Primary Vibe Affordable coastal city with beaches, diverse community, and an emerging arts scene. Popular with buyers seeking relative value and water access.
Housing Prices More approachable than many closer areas. Beachfront and transit-proximate properties command premiums. Multi-family homes offer rental potential.
Commute to Boston Commuter rail provides access. Driving and bus options exist. Parking varies by location.
Schools Served by Lynn Public Schools. Confirm assignments with the district.
Market Demand supported by coastal location and pricing. Updated properties near the beach or rail attract interest.
Housing Styles Multi-family homes, condominiums, and single-family properties. Condition varies.

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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.