32-34-40 Ocean Avenue, Diamond DistrictLynn, MA 01902MLS Number 73151418

  • Price: $2,475,000
  • Est. Mortgage of $/month
  • 299 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
32-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 0190232-34-40 Ocean Avenue Lynn MA 01902
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  • 21Bedrooms
  • 0.17Acreage
  • 18Bathrooms
  • 1900Year Built
The Ocean Avenue Portfolio (32-34 & 40 Ocean Avenue) offers investors oceanfront properties with great views of Lynn Beach, Nahant and Boston. 32-34 Ocean Avenue is a 3-story residential building with rentable square footage of 3,861 and a total gross square footage of 6,145. The property consists of two (1) one-bedroom/1 bathroom, one (1) one-bedroom, and two (2) two-bedrooms/1.5-2 bathrooms. 40 Ocean Avenue is a 3-story residential building with rentable square footage of 8,472 and a total gross square footage of 10,052. The property consists of six (6) three-bedroom units/1.5 bathrooms and one (1) three-bedroom unit/2 bathrooms. Both properties have laundry facilities located in the basements, 10 to 11 off-street parking and ocean views.
Listed by Dan Pouladian of North Shore Realty Advisors

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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

Basic Information

  • Gross Income $205,495
  • Mls StatusUnder Agreement

Rooms

  • Bathroom18
  • Bathrooms Total Decimal 15
  • Bedrooms21
  • Full Bath12
  • Half Baths6

Building

  • BasementFull, Partial
  • Building Area Units Square Feet
  • FoundationStone, Brick/Mortar
  • Foundation Area 9999
  • Rooms49
  • Stories7
  • Units11
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Water Body

  • Miles to Beach0.1
  • Waterfront Features Beach Front, Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Tax Information

  • Tax Assessed Value $2,271,100
  • Tax Year 2023
  • Taxes$25,322

Basic Information

  • List Price$2,475,000
  • MLS Number73151418
  • Modification Date06/15/2024
  • Property SubType5-9 Family
  • Purchase Contract Date09/07/2023
  • Sale Date09/07/2023

Property

  • Acreage0.17

Exterior

  • RoofSlate, Rubber

Property Information

  • Building Area Source Public Records
  • Living Area 12,333
  • Lot Size Square Feet 7,590
  • Lot Size Units Acres
  • Square Feet12,333

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces11

Location

  • Address32-34-40 Ocean Avenue
  • Building Number32-34-40
  • CountyEssex
  • NeighborhoodDiamond District
  • StateMA
  • StreetOcean Avenue
  • SubdivisionDiamond District
  • TownLynn
  • Zip01902

Utilities

  • Electric Expense 7546
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Park
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBasement, Beachfront

Other

  • Buyer Agency Compensation1.75
  • Date Listed08/23/2023
  • Farm Land Area Units Square Feet
  • View Count7
Listed by Dan Pouladian of North Shore Realty Advisors

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.

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