29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.
47 days
|
149
|
12
|
Zillow last checked:
Listing updated:
Listed by:
Daniel Alper617-768-7333,
Boston Realty Advisors617-375-7900
Source: MLS PIN,MLS#: 73525911
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 18
Bathrooms: 12
Full bathrooms: 12
Heating
Baseboard
Appliances
Included: Range
Laundry: Washer Hookup
Features
Lead Certification Available
Flooring: Wood, Carpet
Basement: Full,Interior Entry,Concrete,Unfinished
Has fireplace: No
Interior area
Total structure area: 8,694
Total interior livable area: 8,694 sqft
Finished area above ground: 8,694
Property
Parking
Total spaces: 12
Parking features: Paved Drive, Shared Driveway, Off Street
Uncovered spaces: 12
Features
Patio & porch: Porch
Waterfront features: Bay, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Lot
Size: 0.26 Acres
Features: Gentle Sloping
Details
Parcel number: 2002259
Zoning: 9
Construction
Type & style
Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down
Materials
Frame
Foundation: Stone, Brick/Mortar
Roof: Rubber
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, Washer Hookup
Community & HOA
Community
Features: Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Marina, Public School, University, Sidewalks
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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