148 Liberty Active Save Request In-Person Tour Request Virtual Tour
Lynn,MA 01901
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 13,376 sqft
Price per Sqft $388
MLS Listing ID 73317676
Bedrooms 31
Full Baths 24
Year Built 1943
Annual Tax Amount $41,061
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
148 Liberty Street located in downtown Lynn is a handsome brick 4-story elevator apartment building consisting of twenty-four (24) residential units. The asset offers an attractive unit mix of seven (7) two-bedroom units, and seventeen (17) one-bedroom units with recently renovated common areas. The offering presents a strong value-add opportunity for investors as rents are currently below market within an urban densely populated area. The property is surrounded by many amenities, restaurants, commuting routes into Boston, and public transportation. Tenants are responsible for their own separately metered utilities such as heat, hot water, and electric making this an ideal investment. The property has undergone a number of capital improvements such as common area lighting, flooring, painting, masonry pointing, hot water tank replacements.
Location
State MA
County Essex
Zoning CBD
Interior
Flooring Tile,Vinyl,Carpet
Exterior
Community Features Public Transportation,Shopping,Walk/Jog Trails,Medical Facility,Public School,T-Station,University
Utilities Available for Electric Range,for Electric Oven,Varies per Unit
Roof Type Rubber
Building
Lot Description Level
Story 9
Foundation Block,Stone
Sewer Public Sewer
Water Public