7-17 Fortesque TerraceLynn, MA 01902MLS Number 73140558

  • Sale Price: $2,343,200
  • 309 Days Since Sale
$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Sold
7-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 019027-17 Fortesque Terrace Lynn MA 01902
QR Code
  • 18Bedrooms
  • 0.22Acreage
  • 12Bathrooms
  • 1900Year Built
Don't miss out on this unique investment opportunity that consists of twelve total units in the form of two - six unit buildings on one parcel of land on a dead end street in Lynn. The first building, nicknamed "the little building" by the current owners, consists of six - one bedroom apartments and two different layouts. The second building, nicknamed "the big building" by the current owners, consists of six (large) - two bedroom apartments and all have the same, or very similar, layouts. Excellent location near restaurants, convenience stores, public transportation, under one mile to the beach, and more. This is a desirable rental neighborhood making this an appealing investment for any investor looking to add to their portfolio.
Listed by Nick Cowden of Compass

Driving Directions

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

Ask A Question

Call:

or send a message:
Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

  • Concessions Amount $143,200
  • Contingency Pending P&S
  • Gross Income $202,800
  • Lot Features Level
  • Mls StatusSold

Location

  • Address7-17 Fortesque Terrace
  • Building Number7-17
  • CountyEssex
  • StateMA
  • StreetFortesque Terrace
  • TownLynn
  • Zip01902

Interior

  • Interior Features Other (See Remarks)

Property Information

  • Building Area Source Other
  • Living Area 8,400
  • Lot Size Square Feet 9,693
  • Lot Size Units Acres
  • Square Feet8,400

Tax Information

  • Tax Assessed Value $2,140,400
  • Tax Year 2023
  • Taxes$23,865

Basic Information

  • List Price$2,400,000
  • MLS Number73140558
  • Modification Date10/27/2023
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date08/08/2023
  • Sale Date08/18/2023
  • Sale Price$2,343,200

Property

  • Acreage0.22

Utilities

  • Heat SystemYes
  • Heating Steam
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation2
  • Date Listed07/25/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count2

Parking

  • Parking Spaces

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms18
  • Full Bath12

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • FoundationStone, Brick/Mortar
  • Rooms54
  • Stories6
  • Units12
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Other AmenitiesBasement, Beachfront

Water Body

  • Miles to Beach1
  • Waterfront Features Beach Front,1/2 to 1 Mile To Beach
Listed by Nick Cowden of Compass

Listing Sold by Berkshire Hathaway HomeServices Commonwealth Real Estate

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.