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29-35 Sagamore St, Lynn, MA, 01902

18beds
12baths
8,694sqft
$2,649,000
$305price/sqft
$18,472/moest. monthly cost
$738,880/yrincome needed

About This Home

29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.

Getting Around

87
WalkingVery Walkable
45
TransitSome Transit
66
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+ Family - 5+ Units Up/Down

Interior

Appliances

  • Appliances included: Range
  • Laundry features: Washer Hookup

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 12
  • Full bathrooms: 12

Features

  • Lead Certification Available
  • Flooring: Wood,Carpet
  • Finished area above ground: 8,694

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 8,694
  • Total interior livable area: 8,694 sqft

Property

Details

  • Parcel number: 2002259
  • Zoning: 9

Features

  • Patio & porch: Porch
  • Waterfront features: Bay,Harbor,Ocean,Walk to,1/10 to 3/10 To Beach,Beach Ownership(Public)

Lot

  • Lot size: 0.26 Acres
  • Features: Gentle Sloping

Parking

  • Total spaces: 12
  • Parking features: Paved Drive,Shared Driveway,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 12