About 29-35 Sagamore Street
29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.
Features of 29-35 Sagamore Street
| MLS® # | 73525911 |
|---|---|
| Price | $2,649,000 |
| Bedrooms | 18 |
| Bathrooms | 12.00 |
| Full Baths | 12 |
| Square Footage | 8,694 |
| Acres | 0.26 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 29-35 Sagamore Street |
|---|---|
| City | Lynn |
| County | Essex |
| State | MA |
| Zip Code | 01902 |
Amenities
| Utilities | for Gas Range, Washer Hookup |
|---|---|
| Parking Spaces | 12 |
| Parking | Paved Drive, Shared Driveway, Off Street |
| Is Waterfront | No |
| Waterfront | Bay, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public) |
| Has Pool | No |
Interior
| Interior Features | Lead Certification Available |
|---|---|
| Appliances | Range |
| Heating | Baseboard |
| Fireplace | No |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Lot Description | Gentle Sloping |
|---|---|
| Roof | Rubber |
| Construction | Frame |
| Foundation | Stone, Brick/Mortar |
Additional Information
| Zoning | 9 |
|---|
Listing Details
| Agent | Daniel Alper |
|---|---|
| Office | Boston Realty Advisors |