Address
0 Waitt Road, Lynn, MA
Price
$ 800,000
Property Attributes
  • MLS#73176125
  • TypeLand
  • CountyESSEX
  • CityLynn
  • Zip01902
  • StyleEasements,Wooded
  • Taxes$ 1162
  • Price$ 800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.73 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

BUY DIRT. They aren't making any more of it and we are in a housing shortage. Your next opportunity, right here in burgeoning Lynn! 2 different engineering and architect firms have opined that a developer should be able to build 6 single-family homes by-right on the lot. While seller nor their agent can verify accuracy, the potential seems to exist for a subdivision in this great residential location. Proximity to the Beach is less than 2 miles, as is the Market Basket and Target on Highland Avenue in Salem. AND, the location is just 1.5 miles to the Swampscott Train Station. Lynn is getting bougie these days; don't sleep on it. There is a James Beard award-nominated chef cooking up a storm at Nightshade Noodle Bar, organic stone ground bagels and pizza from One Mighty Mill, curated wines from a Sommelier at Lucille's, and it is home to some of the most incredible urban mural art in the country. Conceptual plans are attached. Ask your agent to share them!

Price History
11/1/2023 Listed $1,000,000
1/2/2024 20% - $800,000

General Features

Sewer At Street
Zoning R1
Gas Y/N At Street
Electric Nearby
Property SubType Residential
Tax Year 2023
Waterfront Features Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Community Features Public Transportation,Shopping,Park,Conservation Area,Highway Access,House of Worship,Public School,T-Station,University
County Essex
Property Type Land
HOA / Comm Assn No
Status Active
Directions The lot is accessed via Waitt Road or Ocean View Avenue.
City Lynn
Disclosures Lot appears to have some ledge. Buyer and their agent to verify all information provided. The red lot overlay within marketing pictures is not deemed to be 100% accurate and only shows the proximity
Senior Community Y/N No
Lot Size Square Feet 75479
Waterfront Y/N No
Street Name Waitt Road
Tax Annual Amount 1162
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 104200
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Exterior Features

Lot Features Easements,Wooded
Water Source At Street
Lot Size Area 1.73
Lot Size Acres 1.73
Lot Size Units Acres
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 01902

Price
AVG $1.15M
$800K
Taxes
AVG $1,813
$1,162
Visits
AVG 239
363
Data Provided by Inside Real Estate®
Walkscore
AVG 61
61
Data Provided by Walkscore® not using MLS data

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