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155 Lawton Avenue

Lynn, MA 01902
  • $319,900
  • STATUS: Contingent
  • MLS #: 72976736
Under Contract
UPDATED: 55 min ago
$319,900
  • 3
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,686
    SQFT
  • $190
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Listing courtesy of Jonathan Mathews of Keller Williams Realty Boston-Metro | Back Bay.

Description

***OFFER DEADLINE TUESDAY AT 4 PM*** Calling all investors! Two-unit multifamily in Lynn is perfect for anyone looking to invest in their future. Both units have deeded rent restrictions for low-income occupants, Units are occupied and will be delivered with tenants. Affordable housing restrictions are in place until 2029. Property cannot be owner-occupied. Unit 1 has 1 bedroom, 1.5 bathrooms. Unit 2 has 2 bedrooms, 1 bathroom plus a bonus room. The multifamily has a front and back balcony with a paved driveway and 2 tandem off-street parking spots.

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The property listing data and information 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 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 set forth herein. Data last updated 2022-05-25T18:09:26.023.
www.welchmanrealestate.com/homes/128367572
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155 Lawton Avenue Lynn, MA 01902

  • Price: $319,900
  • Status: Contingent
  • On Site: Days
  • Updated: 55 min ago
  • MLS #: 72976736
3
Beds
2
Baths
1
½ Baths
0.06
Acres
1,686
SQFT
$190
$/SQFT
1900
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
***OFFER DEADLINE TUESDAY AT 4 PM*** Calling all investors! Two-unit multifamily in Lynn is perfect for anyone looking to invest in their future. Both units have deeded rent restrictions for low-income occupants, Units are occupied and will be delivered with tenants. Affordable housing restrictions are in place until 2029. Property cannot be owner-occupied. Unit 1 has 1 bedroom, 1.5 bathrooms. Unit 2 has 2 bedrooms, 1 bathroom plus a bonus room. The multifamily has a front and back balcony with a paved driveway and 2 tandem off-street parking spots.
Exterior Features

Beach Miles To 1/2 To 1 Mile Beachfront Yes Exterior Vinyl Exterior Features PorchBalconyGutters Foundation Poured Concrete Lot Description Paved Drive Parking Spaces 2 Waterfront Flag No

Interior Features

Basement Yes Basement Features PartialInterior AccessConcrete Floor Bedrooms Unit1 1 Bedrooms Unit2 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 1 Floors Unit2 2 Full Baths Unit1 1 Full Baths Unit2 2 Half Baths Unit1 1 Half Baths Unit2 0 Hot Water Natural Gas Levels 2 Levels Unit1 1 Levels Unit2 1 Rooms 8 Rooms Unit1 3 Rooms Unit2 5

Property Features

Amenities Public TransportationShoppingParkWalk/Jog TrailsGolf CourseMedical FacilityLaundromatHighway AccessHouse Of WorshipPublic SchoolT-Station Apod Available Yes Assessments 361800.00 Contingency Type Pending P&S Disclosure No Disclosures Both Units To Be Retained With Rent Restriction For Low income As Described By Lhan. Units Are Occupied And Will Be Delivered Occupied. The Affordable Housing Rent Restriction in Place Until 2029. Seller Or Agent Make No Warranties Or Representations. Buyer's Broker To Do All Due Diligence! Electric Features Circuit Breakers Gross Operating Income 25200 Lead Paint Unknown Lease Unit1 Y Lease Unit2 N Lender Owned No Multifamily Type 2 Family - 2 Units Up/Down Net Operating Income 25200 Rent Unit1 1350 Rent Unit2 1100 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2022 Taxes 4497.17 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning R4

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Jonathan Mathews of Keller Williams Realty Boston-Metro | Back Bay.


The property listing data and information 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 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 set forth herein. Data last updated 2022-05-25T18:09:26.023.
 
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Listing courtesy of Jonathan Mathews of Keller Williams Realty Boston-Metro | Back Bay.