129 Allen Ave, Lynn, Massachusetts 01902

$474,900
7
BD
3
BA
3,036
SqFt
List Price
$474,900
MLS#
72463899
Bedrooms
7
Full Bathrooms
3
Sq. Ft
3,036
Lot Size
5,991
County
Essex
Year Built
1910
Status
ACTIVE

Property Description

Are you interested in living close to rent free? Here is an opportunity to own this 2 family house located near Rte 107, close to Stop & Shop, a few banks, convenient stores, among other amenities. Unit #1 has living room, dining room, kitchen, bath and 2 bedrooms, currently vacant and unit #2 is a 2 floor unit that has living room, dining room, kitchen, 5 bedrooms and 2 full baths collecting $2,550 on rent. Roof is 2 years old and house was recently converted to gas heat. If you are an investor looking for cash flow, property has the potential to be operating at a 7.90% cap rate. Property is being sold "as is".

Additional Information

Days on Market
12
Taxes
$4,811
Tax Year
2019
Assessment
301500
Amenities
Public Transportation, Shopping, Public School
Flooring
Wood, Wall to Wall Carpet
Basement
Yes
Basement Features
Unfinished Basement
Hotwater
Natural Gas
Lot Description
City View(s), Fenced/Enclosed, Gentle Slope, Scenic View(s)
Acres
0.14
Price Per Sqft
$156

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Centre Realty Group.

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