$1,599,000
Active
43 Days Online
13 Beds4 Baths4,039 SQFT
Active

62 Nahant Street Lynn, MA 01902

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THE CLEANEST, Fully Licensed Rooming/ Boarding house you will find!! This property located in Highly Desirable Diamond District, just a Few Blocks from the Beach and access to transportation! SUPER EASY TO MANAGE- Income Producing all while in PRIME LOCATION! (Note: NOT A SOBER HOUSE) Great corner lot, extra large 2 car detached garage (rented separately for bonus income!!) and a full dry basement with high ceilings with tons of storage space. 13 current rental units (including a separate 1-bedroom apartment) and an office space that can potentially be another rentable room (14 rooms in total). All rooms vary in size and include closets, and some are extra large potentially being able to add more beds for more income- buyer to verify this and do due diligence. ALL TENANTS ARE AT WILL. Some pay per week- others pay per month. Pre-approval or proof of funds required prior to showings. Partial seller financing will be considered.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyEssex
  • Taxes$10,555
  • HOA/Condo/Coop Fees$0
  • Days on Site42 Days
  • MLS StatusActive
  • MLS ID Number73173217
  • Home Size Source Public Records
  • Year Built1893
  • Lot Size0.16 Acres
  • Full Baths3
  • Partial Baths1

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General Features

  • Parking Paved
  • Parking Spaces 4
  • Sewer Public Sewer
  • Electric Circuit Breakers
  • Basement Full
  • Number of Stories 3
  • Acreage 0.16
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 1
  • Foundation StoneBrick/ MortarBrick/Mortar
  • Zoning R2
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 1
  • Parking Features Paved
  • Electricity Circuit Breakers

Interior Features

  • Heating Oil
  • Flooring Hardwood
  • Interior Laundry Room
  • Fireplaces 1
  • Fireplace Yes
  • Interior Features Laundry Room

Exterior Features

  • Spa No
  • Waterfront Property No
  • Waterfront Features Beach FrontOceanWalk to0 to 1/10 Mile To BeachBeach Ownership( Public)
  • Exterior Rain GuttersProfessional Landscaping
  • Lot Corner Lot
  • Patio And Porch Porch
  • Lot Features Corner Lot
  • Waterview Features Beach FrontOceanWalk to0 to 1/10 Mile To BeachBeach Ownership(Public)

Community Features

  • Community Features Public TransportationShopping
  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$7,735
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