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$1,950,000   Price Analysis
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228-244 Washington St
Lynn, MA 01902
7 bed 5 bath unknown SqFt ($0/SqFt)
0.28 acre lot. Built 1923
Listed 2024-05-12
Ⓧ USDA Ineligible
due to price & location

near Lynn

MIXED USE PROPERTY !!

CONSISTS OF FIVE FAMILY BUILDING UNATACHED TO FOUR COMMERCIAL STORES NINE UNITS TOTAL. PARKING IN REAR FOR TENANTS AND STORES.

SUBSTANTIAL AMOUNT OF CONTEMPORARY DEVELOPEMENT ENHANCING THE AREA . RESIDENTIAL UNITS INCLUDE 3-1BRS 1-3BR . STORES ARE ALL LEASED AND IN GREA T LOCATION FOR BUSINESS.


Presented by Diane Cambria at
CENTURY 21 North East.
Listing Agent Photo

Property MLS #73236516 from MLSPIN

Bedrooms: 7

Total Rooms: 17
Basement Description: Full

Total Bathrooms: 5
Full Bathrooms: 5

Beach Front
Ocean

Lot Description: Corner Lot
Lot Size Acres: 0.28
Lot Size Square Feet: 12185

Road Frontage Type: Public

Open Parking: Yes
Parking Features: Paved Drive, Off Street, Assigned
Parking Total: 19

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 104124

Number of Units: 5

Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Annual Tax Amount: 13449.96
Source Listing Status: Active
County: Essex
Directions: Corner of Essex and Washington
Tax Year: 2024
Source Property Type: Residential Income
Parcel Number: M:069 B:657 L:018, 2004042
Zoning: R5
Property Subtype: 5-9 Family
Source System Name: C2C

Listed 2024-05-12
$1,950,000
MLSPIN

Net Operating Income: 104124

Year Built: 1923
Building Area Units: Square Feet
Foundation Details: Concrete Perimeter
Property Age: 101
Levels or Stories: 9
Year Built Details: Approximate
Year Built Source: Public Records

Sewer: Public Sewer
Water Source: Public

Cobbet Elementary School is a public elementary school located approximately 0.2 miles away.
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Fecteau-Leary Junior/Senior High School is a public middle and high school located approximately 0.3 miles away.
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St Marys Jr-Sr High School is a private middle and high school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.