16 days on rocket

44A Park St, Lynn, MA, 01905

$1,324,900

Home List Price

$10,000*

Closing Credit

12 Bedrooms
3 Full Baths
4,740 SqFt
$280/SqFt
Multi
Schools Nearby

Location

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44A Park St, Lynn$1,324,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Paved
Year Built1880
HeatingNatural Gas, Oil
BasementYes
WaterfrontBeach, Ocean Front
MLS #73223747
Lot Size0.08 Acres
StatusActive

About 44A Park St

Prime Investment Opportunity. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Living Area: 4,740 SqFt

Listing Office:

  • Office Name: Century 21 Shawmut Properties
  • Listing Agent: Jason Barenholtz

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Freezer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen, Laundry Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • Exterior: Balcony/Deck

Parking Information:

  • Parking: Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot: Easement, Level
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Oil

School Info

Assigned Schools Information:

  • Fecteau-Leary Junior/Senior High School, Public District Grades 7-12
  • Classical High School, Public District Grades 9-12
  • Breed Middle School, Public District Grades 6-8
  • Wm P Connery, Public District Grades PK-5

Other

Directions Information:

  • Directions: Western Ave to Park St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,324,900
  • Price Per SqFt: $280/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
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Housing Market Comparison

See how this home compares to others in Lynn, MA.

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Lynn, MA

City

Med. Sold Price

$550K

Med. Price/SqFt

$347

Avg. Days On Market

34

# of Sold Homes

34

44A Park St vs Lynn

16 DAYS ON ROCKET

-18 Days

$1,324,900

+$774.9K More

$280/SqFt

-$67 Less

KEY TAKEAWAY

This property is $774.9K more than the Median Sold Price and $67/SqFt less than other homes in Lynn, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73223747

Listing Office:

  • Office Name: Century 21 Shawmut Properties
  • Listing Agent: Jason Barenholtz

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 2:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3177380
6
/10

  • Wm P Connery

  • 50 Elm St

  • 0.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3177381
5
/10

  • Breed Middle School

  • 90 Ocallaghan Way

  • 1.30 miles

  • Public District Grades 6-8

High School

school-card-donut-3177382
1
/10

  • Fecteau-Leary Junior/Senior High School

  • 33 N Common St

  • 0.29 miles

  • Public District Grades 7-12

school-card-donut-3177383
2
/10

  • Classical High School

  • 235 Ocallaghan Way

  • 1.24 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,611. The most common annual income of people living in Lynn, MA is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lynn›01905›44A Park St

This home is located at 44A Park St in Lynn, MA and zip code 01905. This 4,740 square foot home, which was built in 1880, sits on a 0.08 acre lot. Features: 12 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $1,324,900.

Lynn, MA housing market in March 2024 saw over 23 listings sold above listed price, more than 2 sold at listed price and over 9 sold below. The inventory of homes for sale in Lynn, MA between February 2024 and March 2024 increased by 10.6%. While the average time on the market in March 2024 was 34 days, the median list price was $550,000.

From Rocket Homes Real Estate and based on county public records data.

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