CCertihomes
44 A&B Park St., Lynn, MA 01905

$1,324,900

12 beds 3 baths 4,740 sqft Built 18804 days on marketActive

About this home

Prime Investment Opportunity. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$8,675/mo

Real estate (PITI + HOA + PMI)
$8,626
Principal + interest$6,009
Property tax + insurance$2,120
PMI / 2nd mortgage$497
Utilities
$584
Heating + cooling$130
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$150
Car insurance + maintenance$150
Other (entertainment)
$158
$8,675/mo TLC
Budget$9,175/mo
Remaining after TLC$500/mo
Purchase price
$1,324,900
Down payment
$66,245 (5%)
Loan amount
$1,258,655
APR
4%

Quick facts

Type
3 Family
Style
Year built
1880
Lot size
0.08 ac
Stories
6
Heating
Natural Gas, Oil
Cooling
Water
Public
HOA
Annual tax
$8,881
MLS #
73223747
County
Essex

At a glance

Basement
Balcony

Home features

Appliances
RangeRefrigeratorFreezer
Interior
PantryBathroom With Tub & ShowerInternet Available - UnknownLiving RoomKitchenLaundry Room
Exterior
Balcony/Deck
Community
Public TransportationParkLaundromatPublic School
Parking
Paved DriveOff StreetPaved
Flooring
Hardwood
Roof
Rubber
Sewer
Public Sewer

Lot features

Easements, Level

Schools

Elementary
Lps
Middle
Lps
High
Lps

Neighborhood — 01905

MetricThis ZIPCountyUSA
Population26,0286,444,931299,088,112
Population Change Since199010.00%7.00%20.00%
Population Density4,737786
Male12,8593,127,134147,432,321
Female13,1693,317,797151,655,844
Never Married7,0701,612,88563,775,926
Married8,4972,586,314123,120,365
Separated1,182247,85712,639,686
Widowed1,576363,59415,467,586
Divorced1,759436,88823,075,029
Number Of House Hold9,1112,431,591111,826,380
Average House Hold Size2.832.562.60
Medial Age32.3537.2535.46
Median House Hold Income$46,878$57,698$48,276
Average House Hold Income$57,858$75,023$63,629
P C I$20,352$29,196$24,529
M D I$40,187$48,105$41,133
A T H E$48,178$57,083$50,898
S T R5.00%5.00%
W C J70.00%81.38%77.74%
(Zip) Code
1905

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/13/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.