116-124A Central, Lynn, MA is a prime mixed-use property featuring 18 residential apartments and 3 retail spaces in a highly convenient downtown location, steps from public transportation. Located in an Opportunity Zone, this property offers significant investment advantages. Recent renovations include repointing the front masonry wall, full lead compliance, replacement of three main sewer lines, and complete renovations of 2 commercial spaces and 12 apartments. Additionally, the building features coin-operated laundry in the basement, adding extra income potential. This well-maintained property is a standout investment in the heart of Lynn.
MLS# | 73319695 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1873 |
Days On Site | 67 |
Listing Provided By | Greenville Real Estate Group, Inc. | Oleg Elisev |
SQ Feet | 17,170 |
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Zoning | Mixed-Use |
Acreage | 0.07 |
State | MA |
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County | Essex |
City | Lynn |
Zip Code | 01901 |
Area | Essex |
Listing VS Median (in 01901) | |
Price: $5,289,000 low | high Med: $1,700 SqFt: 17,170 low | high Med: 9,999 $ / SqFt: $308 low | high Med: $0 On Site: 67 low | high Med: 24.000000 |