$1,900,000 ($223.71 per sqft)

Est. Mortgage $9,483/mo *

Quick Pre-Approval

7-9 Holland Ave, Lynn, MA, 01905

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


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Dennis Kelleher, Horvath & Tremblay Phone: 781-776-4000