Lynn, MA 01902,39 Newhall St
Lynn, MA 01902,39 Newhall St
Lynn, MA 01902,39 Newhall St
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$4,850,000
Est. payment /mo
31 Beds
23 Baths
16,052 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 16,052 sqft

Price per Sqft $302

MLS Listing ID 73340893

Bedrooms 31

Full Baths 23

Year Built 1910

Annual Tax Amount $35,186

Tax Year 25

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. 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.

Location

State MA

County Essex

Zoning R5

Direction Please use GPS

Rooms

Basement Unfinished

Interior

Basement Type Unfinished

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Waterfront Description Beach Front,3/10 to 1/2 Mile To Beach

Roof Type Rubber

Garage No

Waterfront Description Beach Front,3/10 to 1/2 Mile To Beach

Building

Lot Description Corner Lot

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false


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Listed by Horvath & Tremblay

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Team "Mari Sennott Plus" | License ID: 9030529

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