43 Highrock Street, Lynn, MA 01902
43 Highrock Street, Lynn, MA 01902
43 Highrock Street, Lynn, MA 01902
6
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$1,650,000
Est. payment /mo
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4,356 Sqft Lot
Price Dropped by $50K

43 Highrock Street Lynn, MA 01902

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73538789

HOA Y/N false

Year Built 1900

Annual Tax Amount $15,914

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Description

Attention investors! Don't miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

Location

State MA

County Essex

Zoning R2

Direction Essex Street to Rockaway Street to Highrock Street

Exterior

Utilities Available Public Water, Natural Gas Available

Roof Type Rubber

Others

Senior Community false


MLSPIN
Listed by Clements Realty Group
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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