$999,888
$1,100,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
3,231 SqFt
SOLD DATE : 12/20/2023
Key Details
Sold Price $999,888
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,231 sqft
Price per Sqft $309
MLS Listing ID 73164983
Sold Date 12/20/23
Bedrooms 6
Full Baths 6
Year Built 1885
Annual Tax Amount $7,716
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Description
***PARTIAL SELLER FINANCING AVAILABLE!*** 371 Boston St. A 3 story 6-unit multi-family with great cash flow. Situated within close proximity to Market Basket, major transportation hubs, with less than 2 miles from the beach and the vibrant downtown Lynn area, convenience is at your doorstep. Tenants will appreciate easy access to shopping, dining, and commuting options. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking to make a smart entry into the real estate market, this multi-family building offers a rare blend of immediate returns and future prospects. Recent updates include the upper roof and hot water tank. Tenants pay for heat and electric. All separate electric meters. Don't miss out on the chance to secure a prime property in a thriving location. Moreover, additional opportunity awaits with the adjacent property at 8-8A Cedar Street.
Location
State MA
County Essex
Zoning R4
Direction Google Maps. Corner of Boston and Cedar.
Rooms
Basement Unfinished
Exterior
Community Features Public Transportation, Shopping, Public School
Waterfront Description Beach Front,1 to 2 Mile To Beach
Roof Type Rubber
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Wenli Zheng • Fairview Partners International LLC
GET MORE INFORMATION
Broker-Owner