Clements Realty Group

330-334 Chatham St, Lynn, MA 01902

Multi-Family

$539,900
Price
$510,000
Sale Price

4
Units
2,854
Approx. GLA
Great opportunity to own a 4 unit building in East Lynn with a strong rent roll. This large 4 unit property consist of 3 residential units and one commercial space. Two of the rental units have just been remodeled and the commercial unit has a long standing business as a tenant. Other features include 8 car off street parking, small fenced in yard & newer heating systems.
Highlights
Sale Price: $510,000
Settled Date: 7/10/2017 12:00:00 AM
Basement Features: Partial, Bulkhead, Concrete Floor, Unfinished Basement
List Price: $539,900
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Sold
Beds: 7
Baths: 3
Half Baths: 1
Units: 4
Year Built: 1950
Approx. GLA: 2,854
MLS#: 72155323
 
Interior
Basement: Yes
Electric Features: 220 Volts
Heating Units: 4
Heating Zones: 4
Energy: Insulated Windows, Storm Windows
Hot Water: Natural Gas
Rooms: 13
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.12
Lot Size: 5,226.00
Lot Description: Corner, Paved Drive
Foundation: Concrete Block, Brick
Foundation Size: 000000
Parking Spaces: 8
Parking Features: Off-Street, Improved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: Grey
Construction: Frame
Exterior: Asbestos
Exterior Features: Porch, Gutters, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Sewage District: Lynn
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $362,500
Taxes: $5,655
Tax Year: 2017
Book/Page: 35580/159
Warranty Available: No
School
Grade School: Hood
Middle School: Marshall
High School: English
Beach
Beach: Yes
Miles to Beach: 1/2 to 1 Mile
Beach Description: Ocean
Beach Ownership: Public
Expenses
Gross Income: $62,499
Total Rent: $1,250
Net Income: $47,400
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Private School, Public School
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 No 1 $1,250
Unit 2 2 0 0 1 0 1 No 0 $1,100
Unit 3 4 2 0 2 1 0 2 $1,600
Unit 4 4 2 0 2 1 0 0 $1,250
Units Extras
Unit 1
Rent Includes:  Heat, Electric  Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Electric  Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Electric  Applicances:  Range, Refrigerator  Rooms:  Living Room, Kitchen 
Map
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The listing office is Clements Realty Group and the listing agent is Eugene L. Clements. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 8/16/2017 10:35:00 PM.
 
Eugene Clements
Eugene Clements
Clements Realty Group