$1,399,000
Active
4 Days Online
0 Beds0 Baths0 SQFT
Active

119 Essex St Lynn, MA 01902

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Builders/Developers/RE Portfolio Mgrs...Fully permitted "shovel ready" Age-Restricted development opportunity with permits in place. Take advantage of existing building permits and rights to build 24 Apartments consisting of 4 Studios and 20 1BR apartments. Once stabilized, the bldg will produce a steady income, low turnover and a valuable addition to your portfolio—initial occupancy rents on file for serious inquiries. Get in now to secure the opportunity to "build new." This development satisfies Lynn's Inclusionary zoning requirements.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyEssex
  • Taxes$2,464
  • HOA/Condo/Coop Fees$0
  • Days on Site3 Days
  • MLS StatusActive
  • MLS ID Number73268213
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.15 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Sewer Public Sewer
  • Acreage 0.15
  • Water Public
  • Property Sub Type Commercial Land
  • Zoning BD
  • Buyer Agent Compensation 2
  • Facilitator Compensation 1
  • Compensation Based On Gross/Full Sale Price
  • Sub-Agency Relationship Offered No
  • Electricity At Street

Exterior Features

  • Fencing Fenced
  • Waterfront Property No
  • Waterfront Features Beach FrontOceanWalk to1 to 2 Mile To BeachBeach Ownership( Public)
  • Lot LevelCorner LotClearedCurbs & GuttersSidewalksLot Staked
  • Road Frontage City Street
  • Lot Features LevelCorner LotClearedCurbs & GuttersSidewalksLot Staked
  • Waterview Features Beach FrontOceanWalk to1 to 2 Mile To BeachBeach Ownership(Public)

Community Features

  • Community Features Public TransportationShoppingParkWalk/ Jog TrailsMedical FacilityLaundromatHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT- StationSidewalksWalk/Jog TrailsT-Station
  • Senior Community No
  • Adult Care Community No

Schools

School District
Unknown
Elementary School
Ingalls
Middle School
Unknown
High School
English-Stmarys

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Monthly Payment (Est.)

$7,281
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