$1,600,000 ($160.00 per sqft)

Est. Mortgage $8,090/mo *

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28 Linwood Rd, Lynn, MA, 01905

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12 beds

1900

10,000 sqft

Spacious 10,000 square property, formerly a nursing home, offers a range of possibilities for a variety of redevelopment opportunities. Situated in a desirable area with R2 zoning, the property provides flexibility for residential, multi-family, or other mixed-use developments. Key features & recent improvements: 12 individual bedrooms, common areas, and multiple bathrooms, full sprinkler system, natural gas generator, redone in 2024, ensuring reliable backup power for the majority of the facility, elevator service & upgrade 2024, 2 yr old rubber roof on the addition & more. Zoning allows for a variety of uses, including residential, multi-family, and certain commercial endeavors. Ideal for redevelopment, assisted living facilities, medical offices, non profits or community-oriented businesses. Whether you are looking to repurpose the building for healthcare, housing, or other uses - there is tremendous potential.

Status:

Active

Type:

Multi-family

Units:

Zoning:

Levels:

Parking:

6-car, Paved Drive, Off Street, Paved

Acreage:

0.2

Est. Taxes:

$15,274

Assessment

$756,900

Construction

Frame, Block

Lot Description:

Easements

MLS #:

73325061

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School Info

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Listing courtesy of Team Sonia Rollins & Associates, EXIT Premier Real Estate

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28 Linwood Rd, Lynn, MA, 01905

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