Call Us: (781) 599-1500
297 Broadway, Lynn, MA 01904
6 New Ocean Street, Swampscott, MA 01907 (MLS # 72404524)
Price $1,390,000
Status Conditional
Beds 9
Baths 9 baths
Home size 5,135 sq ft
Lot Size 7,405 sqft
THURSDAY 10/11 OPEN HOUSE CANCELED! Once in a life time investment opportunity in Swampscott 2 blocks from the beach. 9, 1 bed units with 11 parking spots, coin op washer dryer in basement. Current owner has done an excellent job maintaining the property. Complete kitchen renovations in units 3 and 7.Updated bathrooms in units 1 and 2. NEW refrigerator in unit 4, coin op washer dryer and both water tanks replaced as well as 17 windows in various units. New roof (flat rubber roof not changed out). Room for growth in rent rolls. Currently a 6.55% CAP NOI is $91,00.00. Perfect for a new or seasoned investor.
Property Type(s): Multi Family

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Listing provided by Kirby Taylor Team, Proper Realty Group
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