Skip To Content

9 Needhams Landing

Lynn, MA 01905
  • $12,200,000
  • STATUS: Active
  • MLS #: 73168060
UPDATED: 7 min ago
$12,200,000
  • 0
    BEDS
  • 0.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 27,840
    SQFT
  • $438
    $/SQFT
Type:
Commercial
Built:
2015
County:

School Ratings & Info

Listing courtesy of Aj Pappas of eXp Realty.

Description

One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.

Monthly Payment Calculator



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 2024-02-21T20:05:18.393.
www.welchmanrealestate.com/homes/144211177
Print Image

9 Needhams Landing Lynn, MA 01905

  • Price: $12,200,000
  • Status: Active
  • On Site: Days
  • Updated: 7 min ago
  • MLS #: 73168060
0
Beds
0
Baths
0
½ Baths
0.88
Acres
27,840
SQFT
$438
$/SQFT
2015
Built
County:
Essex
Property Description
One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.
Exterior Features

Parking Total 84 Roof Asphalt/Composition Shingles Waterfront YN No

Interior Features

Building Area Total 27840

Property Features

Business Type 5+ Residential Buyer Agency Compensation .0075 Home Warranty YN No Senior Community YN No Tax Annual Amount 127195 Tax Year 2023 Transaction Broker Compensation .0075 Utilities Public WaterPublic SewerNatural Gas Available Zoning R4

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Aj Pappas of eXp Realty: 888-854-7493.


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 2024-02-21T20:05:18.393.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73168060_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73168060_2.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_73168060_2.jpg
Logo
Welchman Real Estate Group | Lila Delman Compass
29 Meetinghouse Lane
Little Compton RI, 02837
Listing courtesy of Aj Pappas of eXp Realty.