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Prepared for : Jan-20-2021 01:57:27 pm
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1-3 Lynn Shore Drive
Lynn, MA. 01902-4905
Essex County
Area:
Diamond District
Directions:
Corner Of Lynn Shore Drive And Eastern Avenue
MLS # 72529822
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Sold
Multi-Family 4 Family Taupe
List Price |
$899,900 |
Days on Market |
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List Date |
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# Units |
4 |
Sale Price |
$925,000 |
# Floors |
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Sold Date |
10/3/19 |
Rooms |
12 |
Assessed Value |
$657,900 |
Bedrooms |
4 |
Gross Living Area |
3,332SF |
Full Baths |
4 |
Lot Size |
4,197SF |
Half Baths |
4 |
Taxes |
$9,408.00 |
Fireplaces |
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Tax Year |
2019 |
Basement |
Yes |
Zoning |
R4 |
Waterfront |
Yes |
Est. Street Front |
114 ft. |
Beach Nearby |
Yes |
Year Built |
1900 |
Parking Spaces |
4 |
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Garage Spaces |
0 |
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Remarks:
On the Swampscott line- Diamond District- directly across the street from the beach with breathtaking panoramic views, this well-maintained multi family has been in the same family for over 40 years. There are a total of four units, three one bedrooms, and a studio unit, with parking, separate modern utilities, updated kitchens and bathrooms. Original architectural details appear throughout this 1906 dwelling in the woodwork and gleaming hardwood floors.Take a leisurely stroll along the famous Lynn Shore Drive promenade. Steps to Swampscott downtown shops, restaurants and the train to Boston, and only 10 miles to Logan Airport. FULL HISTORY, IMPROVEMENTS, INVESTMENT ANALYSIS(APOD) AVAILABLE UPON REQUEST-"the numbers work". Group showings: Wednesday 7/10 5:30-7pm, Saturday 7/13 11:30-1:00, Sunday 7/14 11:30-1pm
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Features |
Amenities Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Marina, Public School, University Basement Full, Concrete Floor Beach 0 to 1/10 Mil mi.,
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Ocean,Access,Sound,Walk to (Public) Construction Frame Electricity Circuit Breakers Energy Insulated Windows, Storm Windows Exterior Shingles, Wood Exterior Feat. Porch, Deck, Gutters, Sprinkler System
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Flooring Tile, Hardwood Foundation Fieldstone Heating Zones 4 Hot Water Natural Gas Lead Paint Unknown Lot Corner, Paved Drive, Scenic View(s) Parking Off-Street, Assigned, Paved Driveway Road Public, Paved, Publicly Maint.,
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Sidewalk Roof Asphalt/Fiberglass Shingles Sewage District Lynn Sewer / Water City/Town Sewer, City/Town Water Utility Connections for Electric Range, for Electric Oven, for Electric Dryer Waterfront Ocean
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Units |
Unit 1
Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 1; Floor: 1; Fireplaces: 1; Full Baths: 1; Heating: Gas; Interior: Cable TV Available, Pantry, Balcony/Deck, Fireplace - Wood burning, Bathroom With Tub; Lease: No; Levels: 1; Rent: 1300; Rent Includes: Water; Rooms: 3; Rooms Desc.: Kitchen, Living RM/Dining RM Combo
Unit 2
Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 1; Floor: 2; Full Baths: 1; Heating: Gas; Interior: Cable TV Available, Balcony/Deck, Hardwood Floors, Upgraded Countertops, Bathroom with Shower Stall, Box/Bay/Bow Window(s), Remodeled; Lease: No; Levels: 1; Rent Includes: Water; Rooms: 4; Rooms Desc.: Living Room, Dining Room, Kitchen, Office/Den
Unit 3
Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 1; Floor: 3; Full Baths: 1; Heating: Gas; Interior: Cable TV Available, Stone/Granite/Solid Counters, Hardwood Floors; Lease: Yes; Levels: 1; Rent: 1300; Rent Includes: Water; Rooms: 3; Rooms Desc.: Living Room, Kitchen
Unit 4
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer; Bedrooms: 1; Floor: 3; Full Baths: 1; Heating: Gas; Interior: Cable TV Available, Hardwood Floors, Bathroom with Shower Stall, Box/Bay/Bow Window(s); Lease: No; Levels: 1; Rent Includes: Water; Rooms: 2; Rooms Desc.: Living Room, Kitchen, Laundry
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Financial Info |
Expenses Source Owner Provided
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Gross Expenses $19,886 Gross Oper. Income
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$76,800 Insurance $3,099
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Net Oper. Income $54,610 Repairs & Maint. $3,000
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Additional Information |
APOD Available? Yes Anticipated Sale Date 10/03/2019 Deed Book: 5992, Page: 625 Disclosures Two hot water tanks (1 for unit 4 and 1 for all other
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units), Cable Comcast to building. Basement washer and dryer shared but unit 4 has its own washer/dryer. Gas only in basement, not units. Foreclosure No GLA Source Public Record
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Identifier Map: 102, Lot: 021, Block: 552 Living Area Disclosures First, second and third floors only Off Market Date 7/31/19 Parcel # M:102 B:552 L:021
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Seller Disclosure Doc No Short Sale No Year Built Desc. Approximate, Renovated Since Year Built Source Public Record
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Property Last Updated by Listing Office: 10/3/19 1:24pm
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Courtesy: MLSPIN
Listing Office: RE/MAX Advantage Real Estate
Listing Agent: Sean Connelly
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The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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