Active With Contract
MLS Number 72097846
- Commercial 5+ Residential
DIAMOND DISTRICT WITH VIEWS OF THE ATLANTIC OCEAN AND CLOSE TO PUBLIC TRANSPORTATION!!! 9 total units combined make up this rare to find mixed use property. The front building consists of 1 retail liquor store, and 5 residential units, 2 of the top floor units need to be repaired as they have been gutted for renovation and not completed. The rear building is a 3 family in good condition and has of 3, 1 bedroom units. ALL tenants are Tenants at Will, and pay below market rent, but property has great rental history and little vacancies throughout the years. There are 7 Parking spaces for tenants use in the driveway. Units have been converted to electric heat but gas cooking still remains available in most units. Property is steps to the Commuter Rail, the bus line, North Shore Community College, and Nahant, Lynn & Swampscott beaches. For the savvy investor this property is truly a diamond in the ruff, located in the Diamond District!
Listed by Ronda Cogliano and Candice Pagliarulo of Century 21 North Shore