Rare portfolio opportunity in Lynn’s Diamond District. The offering includes five multifamily properties located at 63-69 Lynnway, 100, 104 & 106 Newhall Street, plus an additional 9,592 SF parcel at 9 Chancery Lane, zoned R5 with potential development upside. The portfolio consists of 71 residential units, including 19 studios, 40 one-bedroom units, and 12 two-bedroom units, providing a diverse unit mix that appeals to a broad tenant base. Large scale capital improvements have been completed, minimizing near-term capital expenditures for new ownership. This is the opportunity to acquire scale in one of Greater Boston’s most supply-constrained rental markets with strong demand, low vacancy, and long-term appreciation potential.
23 days
|
616
|
18
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Dan Pouladian617-548-7737,
North Shore Realty Advisors617-548-7737,
Sara Pouladian617-910-6646
Source: MLS PIN,MLS#: 73538322
Loading...
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 83
Bathrooms: 71
Full bathrooms: 71
Features
Flooring: Tile, Vinyl, Varies, Hardwood
Basement: Full,Unfinished
Has fireplace: No
Interior area
Total structure area: 41,837
Total interior livable area: 41,837 sqft
Finished area above ground: 41,837
Property
Features
Patio & porch: Porch
Has view: Yes
View description: Water, Ocean
Has water view: Yes
Water view: Ocean,Water
Waterfront features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Lot
Size: 0.77 Acres
Features: Corner Lot
Details
Parcel number: M:080 B:584 L:007
Zoning: R5
Construction
Type & style
Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down
Materials
Frame
Foundation: Stone
Roof: Rubber
Condition
Year built: 1910
Utilities & green energy
Electric: Circuit Breakers, 200+ Amp Service
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Public Transportation, Shopping, Park, Walk/Jog Trails, T-Station, University
Explore the cost of this home by adjusting the details. Changes won't be saved.
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.
See how much you could borrow to make a competitive offer.