REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,289,000
Est. payment /mo
New
116-124A Central Lynn, MA 01901
17,170 SqFt
UPDATED:
12/17/2024 08:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 17,170 sqft
Price per Sqft $308
MLS Listing ID 73319695
HOA Y/N false
Year Built 1873
Annual Tax Amount $52,431
Tax Year 2024
Lot Size 3,049 Sqft
Acres 0.07
Property Description
116-124A Central, Lynn, MA is a prime mixed-use property featuring 18 residential apartments and 3 retail spaces in a highly convenient downtown location, steps from public transportation. Located in an Opportunity Zone, this property offers significant investment advantages. Recent renovations include repointing the front masonry wall, full lead compliance, replacement of three main sewer lines, and complete renovations of 2 commercial spaces and 12 apartments. Additionally, the building features coin-operated laundry in the basement, adding extra income potential. This well-maintained property is a standout investment in the heart of Lynn.
Location
State MA
County Essex
Zoning Mixed-Use
Direction Central Ave
Others
Senior Community false
Listed by Greenville Real Estate Group, Inc.