9 Needhams Landing, Lynn, MA, 01905
81 rooms
52 beds
42 Full baths
2015
27,840 sqft
One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.
Status:
Active
Type:
Multi-family
Units:
42
Zoning:
R4
Levels:
4
Parking:
84-car, Paved Drive, Off Street
Acreage:
0.88
Est. Taxes:
$127,195
Assessment
$11,407,600
Construction
Frame
Lot Description:
Level
View Description:
Scenic View(s)
Amenities:
Public Transportation, Park, Medical Facility, Laundromat
Waterfront:
Yes
MLS #:
73322222
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Aj Pappas, EXP REALTY LLC Phone: 888-854-7493