About 90 Essex St
Exceptional mixed-use investment opportunity! Recently fully renovated, this well-maintained property features one commercial unit and three residential units, all fully occupied, offering immediate and strong income potential with an estimated 8% cap rate. Ideally situated on a corner lot with off-street parking and convenient access to public transportation, shopping, restaurants, major highways, and the beach. An excellent opportunity for investors or owner-occupants looking to expand their real estate portfolio. Put your money to work! Drive by and discover this outstanding income-producing opportunity. Explore the potential of real estate investing with this fully rented, income-producing property. Drive by and see this exceptional opportunity!
Features of 90 Essex St
| MLS® # | 73567599 |
|---|---|
| Price | $1,795,000 |
| Bedrooms | 10 |
| Bathrooms | 7.50 |
| Full Baths | 7 |
| Half Baths | 1 |
| Square Footage | 8,672 |
| Acres | 0.12 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | 4 Family - 4 Units Up/Down |
| Status | Active |
Community Information
| Address | 90 Essex St |
|---|---|
| City | Lynn |
| County | Essex |
| State | MA |
| Zip Code | 01902-1711 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Off Street, On Street |
| Is Waterfront | No |
| Waterfront | Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public) |
| Has Pool | No |
Interior
| Interior Features | Open Floorplan, Bathroom with Shower Stall, Living Room, Kitchen |
|---|---|
| Appliances | None, Range, Dishwasher, Refrigerator |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 4 |
| Stories | 4 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Windows | Picture Window |
| Roof | Shingle, Rubber |
| Construction | Frame |
| Foundation | Block, Stone |
School Information
| Elementary | Cobbet Elementary School |
|---|---|
| Middle | Thurgood Marshall |
| High | Lynn English High School |
Additional Information
| Zoning | B2 |
|---|
Listing Details
| Agent | Alvarenga & Son's Team |
|---|---|
| Office | Keller Williams Realty Evolution |