1. Massachusetts
  2. Lynn
  3. 39 Newhall St
$4,550,000

39 Newhall St, Lynn, MA 01902

  • 31 beds |
  • 23 baths |
  • 16,052 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $283/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

Listing Status:
Pending
Listing Office:
Horvath & Tremblay : 781-776-4000
Listing Agent:
Kelleher - Pentore Team : 781-776-4002
MLS ID:
73340893

This listing courtesy of Kelleher - Pentore Team, Horvath & Tremblay

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

E J Harrington

21 Dexter St, Lynn, MA, 01902

Grades PK-5

0.22 miles away

L

Lynn Vocational Technical Institute

80 Neptune Blvd, Lynn, MA, 01902

Grades PK-12

0.77 miles away

L

Lynn Vocational Technical Institute

80 Neptune Blvd, Lynn, MA, 01902

Grades PK-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.