$2,343,200
$2,400,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
7-17 Fortesque Terrace Lynn, MA 01902
18 Beds
12 Baths
8,400 SqFt
Key Details
Sold Price $2,343,200
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 8,400 sqft
Price per Sqft $278
MLS Listing ID 73140558
Sold Date 10/26/23
Bedrooms 18
Full Baths 12
Year Built 1900
Annual Tax Amount $23,865
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Don't miss out on this unique investment opportunity that consists of twelve total units in the form of two - six unit buildings on one parcel of land on a dead end street in Lynn. The first building, nicknamed "the little building" by the current owners, consists of six - one bedroom apartments and two different layouts. The second building, nicknamed "the big building" by the current owners, consists of six (large) - two bedroom apartments and all have the same, or very similar, layouts. Excellent location near restaurants, convenience stores, public transportation, under one mile to the beach, and more. This is a desirable rental neighborhood making this an appealing investment for any investor looking to add to their portfolio.
Location
State MA
County Essex
Zoning R4
Direction Chestnut St. to Fortesque Ter.
Rooms
Basement Full, Unfinished
Interior
Interior Features Other (See Remarks)
Heating Steam
Exterior
Waterfront Description Beach Front, 1/2 to 1 Mile To Beach
Garage No
Building
Lot Description Level
Story 6
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Elle Group • Berkshire Hathaway HomeServices Commonwealth Real Estate