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A great investment of a residential 8 apartments in a condo building for sale in downtown of Lynn. Located at right across street from Lynn Marketplace where Shaw's supermarket, Bank of America, and restaurants are. A several revitalization projects have been ongoing in Lynn including a hundred housing units on progress in the downtown area. 5 mins walking distance to commuter rail and Lynn community college. 10 feet high ceiling. all units are deleaded and 6 years of roof. 2 of three bedrooms apartments and 6 of two bedrooms collects rental income in total of $11,000 per month as well as coin-operated laundry income of $250 monthly. taking off a yearly expense of $32,920 yields a good cap rate of roughly 6.4%. All units have own utitlies' meters except water. Don't miss a rare opportunity and put it into your investment portfolio.

Property Details of 92 Market Street

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Listed by Wai Kit Or of V & E Realty

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