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81 Hawthorne StreetLynn, MA 01902Price: $675,000

  • Price: $675,000
  • Est. Mortgage of $/month
  • 36 Days on Market
$
$
%
$/month over payments
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.
  • $675,000List Price
  • 5Bedrooms
  • 3Bathrooms
  • 0.06Acreage
  • 2,096Square Feet
Under Agreement

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Listed by Andrew Maxfield of Maxfield & Company Real Estate
Best place to invest money in any economy - multi-family real estate. This well cared-for 2-family promises a great store of value & debt coverage ratio for your future. It boasts a 6% Cap Rate & a nice turn-key building which could increase your cash flow, or be an inviting home, with a supplemental unit, to help offset costs. The 1st floor unit is comprised of a 2-bed, 1 full bath apartment with hardwood floors throughout, granite counters & newly fitted stainless appliances with full tub & a rear deck. The 2nd floor unit houses a 3-bed, 1.5 bath across 2 living levels. Eat-in kitchens with comfortable layouts & direct access to decks make for nice usable spaces. Each unit is equipped with a hot water boiler, fueled by oil, & share a washer/dryer in the basement. Vinyl windows & siding mean maintenance is relatively low, with an opportunity to increase rents (both TAWs) in burgeoning Lynn market. 3 off-street parking & reliable tenants with solid rental history make it a solid choice

Property Details of 81 Hawthorne Street

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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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