171 Washington StreetLynn, MA 01902MLS Number 72704115

  • Price: $1,299,900
  • 51 Days on Market
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Federal 30-year interest rate: 2.87% last updated on Sep 17, 2020
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171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902171 Washington Street Lynn MA 01902
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  • 0.2Acreage
  • 1910Year Built
Fantastic Investment Opportunity! Rarely available and newly remodeled 6 Family with condo docs done and recorded. Property is operated as a 6 unit apartment building but it is legally 6 individual condominiums. There are 4 two-bedroom apartments (total) on the first two floors and 2 one-bedroom apartments on the top floor. Units have great layouts and remodeled kitchens (gas stove, dishwasher and refrigerator) and baths (tiled). Newly paved and lined driveway with 8 spaces. Coin op laundry in large common basement with high ceilings and second means of egress (full walk out already in place). 6 brand new individual gas heating systems, one for each unit. All utilities separated. $78,628 net operating income. Income and Expenses provided in attachment. Covid-19 guidelines followed and required. All units occupied. Showings by appointment.
Listed by John C. Schwagerl and John Schwagerl & Scott Twadelle of RCG Properties

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Colonial Manor Realty
Colonial Manor Realty
Office: 781-844-9371
127 Franklin St
Reading, MA 01867

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More Info

Parking

  • Parking Spaces8
  • Total Parking Spaces8

Building

  • Year Built1910
  • Rsu Units6
  • No Buildings1
  • No Stories3
  • Entry OnlyNo
  • Assessed Value Bldg999

Exterior

  • Roof MaterialShingle

Basic Information

  • MLS Number72704115
  • Prop TypeCI
  • Status Date2020-08-05T09:06:00
  • Date Listed08/05/2020
  • List Price$1,299,900
  • LeaseYes
  • DirectionWestern Avenue to Washington Street, near Police Station and courthouse downtown
  • MLS StatusActive

Utilities

  • UtilitiesPublic Water, Public Sewer

Photos

  • Photo Date2020-08-05T09:06:00
  • Number of Photos18

Location

  • StreetWashington Street
  • TownLynn
  • StateMA
  • Zip01902
  • CountyEssex
  • LocationDowntown

Property

  • Acreage0.2
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size8742
  • Assessed Value Land999
  • Main LoNB2011

Other

  • Modification Date2020-08-09T03:05:00
  • Property Type5+ Residential
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book999
  • Listing AgreementExclusive Right to Sell
  • Rsf Bldg Sf4415
  • ExchangeNo
  • Firm Rmk1Income and expenses attached, this investment is no turkey!
  • Page999
  • View Count2
Listed by John C. Schwagerl and John Schwagerl & Scott Twadelle of RCG Properties

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 its 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.

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