7-9 Holland Ave, Lynn, MA, 01905
30 rooms
12 beds
9 Full baths
1925
8,493 sqft
7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. 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.
Status:
Active
Type:
Multi-family
Units:
9
Zoning:
R4
Basement:
Unfinished
Levels:
3
Parking:
11-car, Off Street
Acreage:
0.13
Est. Taxes:
$18,936
Assessment
$1,980,900
Lot Description:
Other
Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
MLS #:
73315479
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
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School Info
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Listing courtesy of Dennis Kelleher, Horvath & Tremblay Phone: 781-776-4000