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16 Trinity AvenueLynn, MA 01902Sale Price: $1,025,000

  • Sale Price: $1,025,000
  • 8 Days Since Sale
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,025,000List Price
  • 12Bedrooms
  • 3Bathrooms
  • 0.16Acreage
  • 4,710Square Feet
Sold

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Listed by Stephen Girolamo of Horvath & Tremblay

Listing Sold by C Realty Corp.
16 Trinity Ave (the "Property") is a HUGE three story building containing (3), 4-Bedroom/1-Bathroom units with 4,710 square feet of living area in 6,776 total SF on a 0.166-acre parcel of land with ample on-site parking. Two of the three residential units in the large multi-family building were recently renovated (one within the last several months). The top floor’s renovations included condominium quality finishes throughout. In-place leases are below market rates; the opportunity exists to upgrade the unrenovated unit interiors and unfinished attic space to drive rental rates in an urban-infill, high demand/supply-constrained residential market. 16 Trinity Avenue is well-located in a densely populated residential neighborhood adjacent to downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities around Lynn’s Central Square, the primary commercial area in Downtown Lynn that offers convenient access to an array of “downtown” amenities

Property Details of 16 Trinity Avenue

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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