About 35-37 Park St
Welcome to your next investment opportunity! 35-37 Park St presents a rare chance to acquire a well-located 6-family property in one of Lynn’s strong and continuously growing rental markets. 7.2% current CAP and fully lead compliant! This large multifamily offers excellent income-producing potential with multiple units, strong cash flow opportunity, and long-term upside for both seasoned investors and owner-occupants looking to build wealth through real estate. New front entrance with with granite steps, new fencing, new concrete around foundation, new landscaping, repaired siding, rear porch, exterior of building. Conveniently located near major highways, public transportation, shopping, restaurants, schools, parks, and downtown Lynn. With consistent rental demand and future value-add potential, this is an ideal opportunity for investors looking to generate steady rental income while benefiting from long-term appreciation.
Features of 35-37 Park St
| MLS® # | 73519410 |
|---|---|
| Price | $1,494,986 |
| Bedrooms | 12 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 5,631 |
| Acres | 0.12 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
Community Information
| Address | 35-37 Park St |
|---|---|
| City | Lynn |
| County | Essex |
| State | MA |
| Zip Code | 01905-2202 |
Amenities
| Utilities | for Gas Range |
|---|---|
| Parking Spaces | 6 |
| Parking | Paved Drive, Off Street, Driveway, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Living Room, Dining Room, Kitchen |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Hot Water |
| Fireplace | No |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Exterior Features | Decorative Lighting |
|---|---|
| Lot Description | Level |
| Roof | Rubber |
| Construction | Frame |
| Foundation | Stone, Brick/Mortar |
Additional Information
| Zoning | R4 |
|---|
Listing Details
| Agent | Matt Tasgin |
|---|---|
| Office | United Brokers |