Coldwell Banker Realty - Lynnfield
Lynn D'Avolio, Coldwell Banker Realty - LynnfieldPhone: (801) 597-2857
Email: [email protected]
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listing
1 of 18
CommercialFor Sale
$5,200,000
386 Summer St
Lynn, MA 01905
Courtesy of Coldwell Banker Realty - Lynnfield - Louise Touchette Team
MLS Property Information Network
20Baths
3,600Sq Ft
Est. Mortgage
$26,941/mo

This is your opportunity to own 20 approved condos, With 2 Bedrooms 1 Bath in every unit . Currently utilized as rental apartments. Several units have been updated, featuring modern kitchens, granite or Formica countertops, an array of flooring including hardwood, laminate, tile and carpet. Additionally, the convenience of in-unit laundry hook-ups, 20 parking spaces and so much more. With a substantial monthly rental roll of $30,000 and the potential for future rent adjustments, this offering presents an ideal opportunity for savvy investors seeking a high-quality asset poised for growth. Perfectly situated with easy access to the T Station and several bus lines, and in close proximity to many shops and malls, this property seamlessly combines convenience and quality, making it a compelling investment prospect.

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Information courtesy of Coldwell Banker Realty - Lynnfield is subject to verification and is not guaranteed.
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