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Desiree Taylor

dtaylor@desiredhomes.org +1(978) 269-7185

$ 1,529,986

Est. payment | -/mo

12 Beds

6 Baths

5,631 SqFt

Save Virtual Tour

$ 1,529,986

Est. payment | -/mo

Save Virtual Tour

12 Beds

6 Baths

5,631 SqFt

Open House

Sat May 16, 11:30am - 1:00pm

Sun May 17, 11:00am - 12:30pm

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,631 sqft

Price per Sqft $271

MLS Listing ID 73519410

Bedrooms 12

Full Baths 6

Year Built 1900

Annual Tax Amount $12,063

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 5-9 Family

Property Description

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.

Location

State MA

County Essex

Zoning R4

Direction GPS

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Living Room, Dining Room, Kitchen

Heating Hot Water

Flooring Tile, Vinyl, Carpet, Varies, Hardwood

Appliance Range, Refrigerator

Exterior

Exterior Feature Decorative Lighting

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Utilities Available for Gas Range

Roof Type Rubber

Total Parking Spaces 6

Garage No

Building

Lot Description Level

Story 5

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://my.matterport.com/show/?m=Z49dA5Ep68U&mls=1

Listed by United Brokers

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 269-7185

dtaylor@desiredhomes.org

PO BOX 263, Salem, Massachusetts, 01970, United States

35-37 Park St Lynn, MA 01905