108 NEW PARK STREET
LYNN, MA
SOLD: ASKING PRICE - $885,000.00 | SALE PRICE - $905,000.00
3D VIRTUAL
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