11 Tilton TerraceLynn, MA 01902MLS Number 73035837

  • Sale Price: $749,000
  • 486 Days Since Sale
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
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11 Tilton Terrace Lynn MA 0190211 Tilton Terrace Lynn MA 0190211 Tilton Terrace Lynn MA 0190211 Tilton Terrace Lynn MA 0190211 Tilton Terrace Lynn MA 0190211 Tilton Terrace Lynn MA 0190211 Tilton Terrace Lynn MA 0190211 Tilton Terrace Lynn MA 01902
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  • 5Bedrooms
  • 0.09Acreage
  • 4Bathrooms
  • 1900Year Built
**PROPERTY CAN NOW BE DELIVERED VACANT AT CLOSING**This is a rare opportunity to own a legal 4-unit building that's conveniently located on a lightly traveled dead-end street. The property is perfect for an owner occupancy, as a rental investment property, or an ideal 1031 exchange replacement property. The first-floor one-bedroom unit was rehabbed in 2022 with new flooring, kitchen, appliances, quartz countertops, and cabinets. Two additional large studios and a huge, 2-floor 4-bedroom unit on floors 2 and 3. Complete roof repair in 2022, including new metal flashing and siding replacement. New water heater and some updated electrical. Plenty of storage in the basement that is mostly above grade with two separate egresses for a possible 5th unit to be added (not approved). Large detached garage, shared backyard space, and a driveway for off-street parking (not currently assigned to any unit). There is a coin-op laundry washer and dryer in the basement that is included with the sale.
Listed by Vision Realty Group of LAER Realty Partners

Driving Directions

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

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More Info

Basic Information

  • Gross Income $33,600
  • Mls StatusSold
  • Parcel Number M:083 B:610 L:009,2003169

Basic Information

  • List Price$749,000
  • MLS Number73035837
  • Modification Date06/09/2023
  • Property SubType4 Family
  • Purchase Contract Date02/17/2023
  • Sale Date02/17/2023
  • Sale Price$749,000

Property

  • Acreage0.09

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Walk/Jog Trails, Public School
  • Appliances IncludedGas Water Heater
  • Other AmenitiesBasement, Beachfront

Tax Information

  • Tax Assessed Value $557,700
  • Tax Year 2022
  • Taxes$6,932

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms5
  • Full Bath4

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Garage Spaces2
  • Rooms20
  • Stories6
  • Units4
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Water Body

  • Waterfront Features Beach Front, Ocean, Beach Ownership(Public)

Other

  • Buyer Agency Compensation2
  • Date Listed09/13/2022
  • Farm Land Area Units Square Feet
  • View Count6

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces2

Location

  • Address11 Tilton Terrace
  • Building Number11
  • CountyEssex
  • StateMA
  • StreetTilton Terrace
  • TownLynn
  • Zip01902

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 3,146
  • Lot Size Square Feet 3,839
  • Lot Size Units Acres
  • Square Feet3,146
Listed by Vision Realty Group of LAER Realty Partners

Listing Sold by Boston Realty Services and Partners, LLC

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