Lynn, MA 01902 62 Nahant Street
$1,599,000
3 more
Presented By: Connie Irving with Coldwell Banker Realty - Marblehead.
Beds • 13
Full/Half Baths • 3 / 1
SQFT • 4,039
Garage • 1
Home Details
Sparkling Clean, Licensed Rooming/ Boarding house in Highly Desirable Diamond District, just a Few Blocks from the Beach! Income Producing all while in PRIME LOCATION! Great corner lot, Large 2 car detached garage ( rented separately for bonus income!) and a full dry basement with high ceilings with tons of storage space. 13 current rental units (including a separate 1-bedroom apartment) and an office space that can potentially be another rentable room (14 total). All rooms include closets and some are extra large potentially being able to add more beds for more income- buyer to verify. Scheduled showings of common areas only then others after offer acceptance* Pre-approval or proof of funds required prior to showings.
Presented By: Connie Irving with Coldwell Banker Realty - Marblehead.
Interior Features for 62 Nahant Street
Bedrooms
Total Bedrooms13
Bathrooms
Half Baths1
Total Baths4
Other Interior Features
BasementFull
Fireplace Y/NYes
FlooringHardwood
Heating Y/NYes
Total Fireplaces1
Total Stories3
General for 62 Nahant Street
Building Area UnitsSquare Feet
CityLynn
Community FeaturesPublic Transportation, Shopping
CountyEssex
DirectionsLynn Shore Drive to Nahant Street. *Park on Baltimore st.*
DisclosuresNo common area kitchen *BUT CAN** be connected via the full 1 bed apartment. Roof apx 10 yrs, heating apx 5-buyer verify. Fireplace/covered not being used. room #4 & 12 include sinks. All tenants TAW.
ElectricCircuit Breakers
ExclusionsPersonal Property In Apartments.
Exterior FeaturesRain Gutters, Professional Landscaping
Full Baths3
Garage Spaces1
Garage Y/NYes
Gross Income130296
HeatingOil
Home Warranty Y/NNo
Interior FeaturesLaundry Room
Lot Size Square Feet6950
Lot Size UnitsAcres
Net Operating Income70663
NumberOfUnitsTotal13
Patio/Porch FeaturesPorch
Property SubType5+ Family - Rooming House
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Sub-Agency Relationship OfferedNo
Tax Annual Amount10555
Tax Assessed Value946600
Tax Year2023
Total Actual Rent10858
Total Rooms15
Waterfront FeaturesBeach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Y/NNo
Year Built1893
Year Built DetailsApproximate
Year Built SourcePublic Records
ZoningR2
Exterior for 62 Nahant Street
Building Area Total4039
Covered Spaces1
Foundation DetailsStone, Brick/Mortar
Lot FeaturesCorner Lot
Lot Size Acres0.16
Lot Size Area0.16
Open Parking Y/NYes
Parking FeaturesPaved
Road Frontage TypePublic
SpaNo
Total Parking4
Water SourcePublic
Additional Details
Price History
Sarah Holick
Associate Broker