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In-PersonVirtual Tour

$779,000
Est. payment /mo
8 Beds
4 Baths
3,240 SqFt
Open House
Sun Apr 19, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family - Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $240
MLS Listing ID 73503036
Bedrooms 8
Full Baths 4
Year Built 1900
Annual Tax Amount $6,524
Tax Year 2026
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type 3 Family - Rooming House
Property Description
This 4-unit property (fourplex) featuring two 3-bedroom units and two 1-bedroom units is a highly lucrative asset class because it strikes the perfect balance between excellent cash-flow potential and favorable residential financing.Properties with 1 to 4 units qualify for standard residential mortgages rather than complex commercial loans. This means better interest rates and easier approval processes.First group showing will be Sunday 4/19 from 11 AM- 1 PM only
Location
State MA
County Essex
Zoning res
Direction High St to Central St to Arch Ave
Rooms
Basement Full, Interior Entry, Bulkhead, Unfinished
Interior
Heating Baseboard, Natural Gas, Unit Control
Exterior
Exterior Feature Rain Gutters
Community Features Sidewalks
Roof Type Shingle
Garage No
Building
Lot Description Gentle Sloping
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Coldwell Banker Realty - Lynnfield
NEARBY SCHOOL & BUSINESS
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