Homes for sale - 7-9 Holland Ave, Lynn, MA 01905

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Paul Hernandez

blueflamingohomes@gmail.com +1(508) 713-1840

$ 1,900,000

Est. payment | -/mo

12 Beds

9 Baths

8,493 SqFt

Save

$ 1,900,000

Est. payment | -/mo

Save

12 Beds

9 Baths

8,493 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 8,493 sqft

Price per Sqft $223

MLS Listing ID 73315479

Bedrooms 12

Full Baths 9

Year Built 1925

Annual Tax Amount $18,936

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Description

7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

Location

State MA

County Essex

Zoning R4

Direction Please use GPS

Rooms

Basement Unfinished

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Rubber

Total Parking Spaces 11

Garage No

Building

Lot Description Other

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(508) 713-1840

blueflamingohomes@gmail.com

Worcester, MA

7-9 Holland Ave Lynn, MA 01905