Price Reduction - Adult 55+
Address
119 Essex St, Lynn, MA
Price
$ 1,499,000
Property Attributes
- MLS#73210571
- TypeLand
- CountyESSEX
- CityLynn
- Zip01902
- StyleLevel,Corner Lot,Cleared,Curbs & Gutters,Sidewalks
- Taxes$ 2464
- Price$ 1,499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,534 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Builders/Developers/RE Portfolio Mgrs...Fully permitted "shovel ready" Age-Restricted development opportunity with permits in place. Take advantage of existing building permits and rights to build 24 Apartments consisting of 4 Studios and 20 1BR apartments. Once stabilized, the bldg will produce a steady income, low turnover and a valuable addition to your portfolio—initial occupancy rents on file for serious inquiries. Get in now to secure the opportunity to "build new." This development satisfies Lynn's Inclusionary zoning requirements.
| Elementary School | Middle School | High School |
|---|---|---|
| Ingalls Elementary School | T. Marshall Middle School | English-Stmarys High School |
| Price History | |
|---|---|
| 3/9/2024 | Listed $1,599,000 |
| 4/27/2024 | 7% - $1,499,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Development Status | Rough Grade |
| Zoning | BD |
| Gas Y/N | At Street |
| Electric | At Street |
| Property SubType | Commercial |
| Tax Year | 2024 |
| Waterfront Features | Beach Front,Ocean,Walk to,1 to 2 Mile To Beach,Beach Ownership(Public) |
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,T-Station,Sidewalks |
| County | Essex |
| Property Type | Land |
| HOA / Comm Assn | No |
| Status | Price Changed |
| Directions | Corner Essex St. & Jackson St. |
| High School | English-Stmarys |
| City | Lynn |
| Senior Community Y/N | Yes |
| Lot Size Square Feet | 6454 |
| Waterfront Y/N | No |
| Street Name | Essex St |
| Elementary School | Ingalls |
| Tax Annual Amount | 2464 |
| Home Warranty Y/N | No |
| Middle/Junior High School | T. Marshall |
| Additional Parcels Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Tax Assessed Value | 234000 |
| Tax Lot | 029 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Exterior Features
| Fencing | Fenced/Enclosed,Fenced |
|---|---|
| Lot Features | Level,Corner Lot,Cleared,Curbs & Gutters,Sidewalks,Lot Staked |
| Water Source | Public |
| Lot Size Area | 0.15 |
| Lot Size Acres | 0.15 |
| Frontage Length | 70.00 |
| Lot Size Units | Acres |
| Road Frontage Type | Public,City Street |
| Number of Lots | 1 |
| Road Responsibility | Public Maintained Road |
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
Taxes
Visits
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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
