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56-60 Cottage St Lynn, MA 01905
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Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,495 sqft
Price per Sqft $204
MLS Listing ID 72930753
Bedrooms 12
Full Baths 8
Year Built 1900
Annual Tax Amount $12,148
Tax Year 2021
Lot Size 3,049 Sqft
Property Sub-Type 5-9 Family
Property Description
Attention Investors!! Large Well-Maintained 6 Unit Building! 24 Rooms, 12 Bedrooms, 6 Bathrooms. Spacious Apartments With Eat-In Kitchens, Updated Baths and Hardwood Floors. All Units Have Delead Certificates! 6 Separate Gas Heating Systems, 6 Gas Hot Water Tanks and 200 AMP Service With 7 Separate Electric Meters, Newer Plumbing, and Rubber Roof. 3 Car Parking On Paved Driveway And Additional Street Parking. Coin-Op Laundry In Basement. Steps To Northern Rail Community Trail With Playground, Market Basket, Shopping, Restaurants and Public Transportation. The Property Is Generating Income At Over 6% Cap Rate! Don't Miss Out On This Great Investment Opportunity!
Location
State MA
County Essex
Zoning R4
Interior
Flooring Hardwood
Laundry Washer Hookup
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Public School
Utilities Available for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup
Waterfront Description Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Roof Type Rubber
Building
Lot Description Level
Story 9
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lynn Public
Middle Schools Lynn Public
High Schools Lynn Public
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Bought with Khurram Zaheer • Cameron Prestige, LLC

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