Homes for sale - 39 Newhall St, Lynn, MA 01902

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Matt & Sonya Quinlan

qrealtorma@gmail.com +1(978) 827-8268

$4,850,000

Est. payment - /mo

31 Beds

23 Baths

16,052 SqFt

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UPDATED:

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

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

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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Matt & Sonya Quinlan

+1(978) 827-8268

Agent | License ID: 9518707

Agent License ID: 9518707

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39 Newhall St Lynn, MA 01902

Matt & Sonya Quinlan

Key Details

Location

Rooms

Exterior

Building

Others

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