Active

148 Liberty

Lynn MA, 01901

$5,200,000


$388.76 per sqft

Active

31 Beds

24 Baths

13,376 sqft

Multi-family

Built in 1943

148 Liberty Street located in downtown Lynn is a handsome brick 4-story elevator apartment building consisting of twenty-four (24) residential units. The asset offers an attractive unit mix of seven (7) two-bedroom units, and seventeen (17) one-bedroom units with recently renovated common areas. The offering presents a strong value-add opportunity for investors as rents are currently below market within an urban densely populated area. The property is surrounded by many amenities, restaurants, commuting routes into Boston, and public transportation. Tenants are responsible for their own separately metered utilities such as heat, hot water, and electric making this an ideal investment. The property has undergone a number of capital improvements such as common area lighting, flooring, painting, masonry pointing, hot water tank replacements.

73317676

MLS ID

December 5, 2024

Listed

December 9, 2024

Updated

Map

148 Liberty
Lynn MA, 01901

Interior Features

Total Stories

9


Bedrooms

31


Total Bathrooms

24


Full Bathrooms

24


Floor Description

Tile, Vinyl, Carpet


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Level


Roof

Rubber


Sewer

Public Sewer

Other Property Details

Taxes

$41,061


Tax Frequency

Annually


Days on Market

4


Garage

No


Parking

On Street


Parking Total

0


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

CBD

 

Courtesy of Dan Pouladian, North Shore Realty Advisors

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Data last updated 8:27 AM UTC, 12/9/2024

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