13-15 Amity Street

Lynn, MA 01902

$590,000
Last Sold Price
12
Beds
6
Baths
5,860 Sq. Ft.
$101 / Sq. Ft.
5,860
Sq. Ft.
$101
per Sq. Ft.

Description

Great looking 6 unit apartment building that was recently vinyl sided and also has a smart looking stone and brick front entrance. This property is all electric and no need to worry about repairs or replacement of furnaces. Building is waiting for a new owner to take it to the next level with all 2 bedroom units and lots of room for rent increases to become a cash cow. Property is just minutes from the North Shore Community College that could produce a new wave of tenants that want to live close...Great looking 6 unit apartment building that was recently vinyl sided and also has a smart looking stone and brick front entrance. This property is all electric and no need to worry about repairs or replacement of furnaces. Building is waiting for a new owner to take it to the next level with all 2 bedroom units and lots of room for rent increases to become a cash cow. Property is just minutes from the North Shore Community College that could produce a new wave of tenants that want to live close to school and pay for that priviledge. All units have a letter of lead paint compliance. 4 Coin-Op laundry machines for additional income in a wide open basement. All units are separately metered. Private parking area with impressive stone wall and can be easily gated by adding a 2nd gate. Great location to beaches, highways and downtown shopping. Don't wait, this could go fast! Must have a 24 hour notice for all showings.
  1. Listed by Joseph Addario • Coldwell Banker Realty - Lynnfield

Property Details for 13-15 Amity Street

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Coldwell Banker Realty - Lynnfield, Joseph Addario

Sold By William Raveis R.E. & Home Services, Nancy Gallo

Add your commute
LISTING UPDATED: 08/06/2022 05:53 AM

Property Details for 13-15 Amity Street

StatusSold
MLS #71599190
Days on Market15
Taxes$5,951 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1910
CountyEssex County

Location

Listing Courtesy of Coldwell Banker Realty - Lynnfield, Joseph Addario

Sold By William Raveis R.E. & Home Services, Nancy Gallo

Add your commute

Building Information for 13-15 Amity Street

Stories9Residences6Year Built1910Building Size-Lot Size0.12 AC / 5,236 SF

Payment Calculator

$3,716 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,220

Property Taxes

$496

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13-15 Amity Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 5860.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Electric Water Heater, Tankless Water Heater
  • Basement Features: Full, Concrete Floor
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Stone Wall
  • Exterior Features: Stone Wall
  • Lot Description: Level
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Cooling: No
  • Electric: Individually Metered
  • Heating: Unit 1(Electric), Unit 2(Electric), Unit 3(Electric), Unit 4(Electric)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
Tax Information
  • Tax ID: 2002646
  • Assessments: $351,500
  • Book: 0
  • Tax Year: 2013
  • Zoning: R5
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Other
  • Foundation Area: 0.0
Income / Expenses
  • Electricity: $684.00
  • Annual Expenses Source: Owner
  • GOI: $66,300.00
  • Insurance: $3,600.00
  • GRE: $14,311
  • NOI: $51,989.00
  • Operating Expense: $14,311.00
  • WSE: $4,076.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,525.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 13-15 Amity Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13-15 Amity Street

Taxable ValueLand$184,100Additions$1,289,400Total$1,473,500
Tax Record2024$15,516 ($1,293 / month)
Home Facts
Baths6Total Finished SqFt5,860 SqFtAbove Grade Finished SqFt5,860 SqFtUnfinished Basement SqFt1,936 SqFtStories3Lot Size5,236 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningR5CountyESSEXAPNLYNN M:081 B:588 L:037

Schools near 13-15 Amity Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Harrington Elementary School
PublicPK to 5

William R Fallon
PublicK to 5

Thurgood Marshall Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Lynnfield, Joseph Addario

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.