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108 NEW PARK STREET

LYNN, MA

SOLD: ASKING PRICE - $885,000.00  |  SALE PRICE - $905,000.00

108 New Park St. Lynn Aerial Front View.jpg

3D VIRTUAL

TOUR

108 New Park St. in Lynn MA Matterport 3D Tour

*Please note: Virtual tours are deactivated 30 days following the closing of the property sale.

AERIAL

VIEW

PROPERTY

REMARKS

This massive 3336 ft² 3-family property is a wonderful opportunity for investors, 1031 exchange buyers or owner-occupants.

Extensively remodeled ten years ago, it features interiors in pristine, turn-key conditions and could be a gem with exterior TLC. This 15-Room, 8-Bedroom, 4-Bathroom property sits on a generous 5249 ft² fully paved lot offering parking spaces for 10+ vehicles!

All three units will be delivered occupied with tenants at will, offering post-closing flexibility for owner-occupant buyers and immediate upside rent potential.

The 2-bedroom, 2-bath first floor unit features a modern open space layout with alley kitchen and laundry in its pantry. Ample bedrooms and primary bedroom with private bathroom. The second and third floor's units feature 3 bedrooms and 1 bathroom each, with front-end living rooms and rear-end ample eat-in-kitchens. Plenty of storage is available in a dry, full basement with bulkhead and an attached shed.

Enjoy all that Lynn has to offer! With a 74 Walk Score, this property is close to everything! Parks, ponds, restaurants and more. A 5-minute drive to the MBTA Commuter Rail, a 7-minute drive to Lynn Beach and a 10-minute drive to Nahant Beach!

UNIT 1

5-ROOM, 2-BEDROOM, 2-BATHROOM

HEAT: GAS - FORCED HOT AIR

HOT WATER: GAS - HOT WATER HEATER

AIR CONDITIONING: NONE

TENANCY AT WILL

LESSEES PAY: GAS & ELECTRIC

UNIT 3

UNIT 2

5-ROOM, 3-BEDROOM, 1-BATHROOM

HEAT: GAS - STEAM RADIATORS

HOT WATER: GAS - HOT WATER HEATER

AIR CONDITIONING: NONE

TENANCY AT WILL

LESSEES PAY: GAS & ELECTRIC

5-ROOM, 3-BEDROOM, 1-BATHROOM

HEAT: ELECTRIC BASEBOARDS

HOT WATER: GAS - HOT WATER HEATER

AIR CONDITIONING: NONE

TENANCY AT WILL

LESSES PAY: GAS & ELECTRIC

SOLD: ASKING PRICE - $885,000.00  |  SALE PRICE - $905,000.00

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