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35-35 Park St #37, Lynn, MA, 01905

12beds
6baths
5,631sqft
$1,494,986
$265price/sqft
$10,509/moest. monthly cost
$420,360/yrincome needed

About This Home

Welcome to your next investment opportunity! 35-37 Park St presents a rare chance to acquire a well-located 6-family property in one of Lynn’s strong and continuously growing rental markets. 7.2% current CAP and fully lead compliant! This large multifamily offers excellent income-producing potential with multiple units, strong cash flow opportunity, and long-term upside for both seasoned investors and owner-occupants looking to build wealth through real estate. New front entrance with with granite steps, new fencing, new concrete around foundation, new landscaping, repaired siding, rear porch, exterior of building. Conveniently located near major highways, public transportation, shopping, restaurants, schools, parks, and downtown Lynn. With consistent rental demand and future value-add potential, this is an ideal opportunity for investors looking to generate steady rental income while benefiting from long-term appreciation.

Getting Around

87
WalkingVery Walkable
44
TransitSome Transit
55
BikeBikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone,Brick/Mortar
  • Roof: Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Living Room,Dining Room,Kitchen
  • Flooring: Tile,Vinyl,Carpet,Varies,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 5,631

Heating

  • Heating features: Hot Water

Interior Area

  • Total structure area: 5,631
  • Total interior livable area: 5,631 sqft

Property

Details

  • Parcel number: M:053 B:725 L:036,2005862
  • Zoning: R4

Features

  • Patio & porch: Porch
  • Exterior features: Decorative Lighting

Lot

  • Lot size: 5,123 sqft
  • Features: Level

Parking

  • Total spaces: 6
  • Parking features: Paved Drive,Off Street,Driveway,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6