198 Marianna Street

Lynn, MA 01902

$738,000
Last Sold Price
6
Beds
2
Baths
2,322 Sq. Ft.
$318 / Sq. Ft.
2,322
Sq. Ft.
$318
per Sq. Ft.

Description

Stunning 2-Family Home near the Swampscott line, sitting 1 mile from Kings Beach & offering both owner-occupied & investor opportunities. Both single-level units feature gleaming hardwood floors, 3-beds + office, 1-bath, open living room / dining / kitchen spaces, dedicated laundries, beautiful original detail (including french doors & built-in china cabinets) & CENTRAL AIR. Separately metered for gas & electric, each unit has newer heating / cooling systems (furnaces & condensers installed in 2018)....Stunning 2-Family Home near the Swampscott line, sitting 1 mile from Kings Beach & offering both owner-occupied & investor opportunities. Both single-level units feature gleaming hardwood floors, 3-beds + office, 1-bath, open living room / dining / kitchen spaces, dedicated laundries, beautiful original detail (including french doors & built-in china cabinets) & CENTRAL AIR. Separately metered for gas & electric, each unit has newer heating / cooling systems (furnaces & condensers installed in 2018). Unit 1 is rented on a month-to-month basis and Unit 2 is vacant & ready for the next occupant. Plenty of off-street driveway parking + 2-car garage. The nicely landscaped level lot provides great opportunity for entertaining. No private showings...all showings to be at Open Houses - Sunday 4/11 2-5 PM and Monday 4/12 4-6 PM. Offers, if any, will be due no later than Tuesday 4/13 @ 2 PM. Great opportunity with a great property!
  1. Listed by Michael Tammaro • Related Beal Sales, LLC

Property Details for 198 Marianna Street

Town
Lynn
Area
MA-Lynn
Garage Spaces
2
Parking Spaces
4.00
Parking Spaces Total
6

Location

Listing Courtesy of Related Beal Sales, LLC, Michael Tammaro

Sold By Pena Realty Corporation, Jose Clavel

Add your commute
LISTING UPDATED: 08/06/2022 07:38 AM

Property Details for 198 Marianna Street

StatusSold
MLS #72811689
Days on Market20
Taxes$7,207 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1930
CountyEssex County

Location

Listing Courtesy of Related Beal Sales, LLC, Michael Tammaro

Sold By Pena Realty Corporation, Jose Clavel

Add your commute

Building Information for 198 Marianna Street

Stories3Residences2Year Built1930Building Size-Lot Size0.10 AC / 4,253 SF

Payment Calculator

$4,628 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,028

Property Taxes

$601

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 198 Marianna Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping
  • Current Financing: FHA
  • Living Area: 2322.0
  • Color: Blue
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Electric Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Features: Other (See Remarks), Unit 1 Rooms(Living Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room
  • Interior Features: Other (See Remarks)
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Unit 2 Balcony/Deck
  • Lot Description: Level
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Cooling: Yes
  • Electric: 100 Amp Service
  • Heating: Unit 1(Central Heat, Forced Air, Gas), Unit 2(Central Heat
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Unit 1 is tenant-occupied with month-to-month occupancy @ $2,000 per month. Unit 2 is vacant.
Tax Information
  • Tax ID: 1998562
  • Assessments: $553,100
  • Block: 465
  • Book: 36120
  • Lot: 24
  • Map: 96
  • Tax Year: 2021
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 2
  • Cooling Zones: 2
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $24,000.00
  • Insurance: $1,500.00
  • GRE: $10,390
  • RFS: $190
  • NOI: $20,510.00
  • Operating Expense: $10,390.00
  • WSE: $1,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 198 Marianna 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 198 Marianna Street

Taxable ValueLand$188,000Additions$580,400Total$768,400
Tax Record2024$8,091 ($674 / month)
Home Facts
Baths2Total Finished SqFt2,322 SqFtAbove Grade Finished SqFt2,322 SqFtUnfinished Basement SqFt1,161 SqFtStories2Lot Size4,253 SqFtStyleDuplexYear Built1930Year Renovated1968ZoningR1CountyESSEXAPNLYNN M:096 B:465 L:024

Schools near 198 Marianna Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
William R Fallon
PublicK to 5

Aborn Elementary School
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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Related Beal Sales, LLC, Michael Tammaro

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.