228-244 Washington Street

Lynn, MA 01902

$1,950,000
Price
7
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Mixed use property ! Consists of five family building unatached to four commercial stores nine units total.. Parking in rear for tenants and stores. Substantial amount of new developement enhancing the area .. Residential units include 3-1brs 1-3br .. Stores are all leased and in great location for business..Mixed use property ! Consists of five family building unatached to four commercial stores nine units total.. Parking in rear for tenants and stores. Substantial amount of new developement enhancing the area .. Residential units include 3-1brs 1-3br .. Stores are all leased and in great location for business..
  1. Listed by Diane Cambria • Century 21 North East

Property Details for 228-244 Washington Street

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Parking Spaces
19.00
Parking Spaces Total
19

Location

Listing Courtesy of Century 21 North East, Diane Cambria
Add your commute
LISTING UPDATED: 05/16/2024 03:06 AM

Property Details for 228-244 Washington Street

StatusActive
MLS #73236516
Days on Market19
Taxes$13,450 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1923
CountyEssex County

Location

Listing Courtesy of Century 21 North East, Diane Cambria
Add your commute

Building Information for 228-244 Washington Street

Stories9Residences5Year Built1923Building Size-Lot Size0.28 AC / 12,185 SF

Payment Calculator

$11,763 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,642

Property Taxes

$1,121

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 228-244 Washington Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Living Area: 0.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
  • Waterfront Features: Beach Front, Ocean, Unknown To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Assigned
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Assigned
  • Parking Features: Off-Street, Assigned
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: all information to be verified by buyer or buyers agent .. The property address listed reflects 4 commercial units being sold along with a five unit residential building not attached..Income for 4 stores $7,350.00 mo
Tax Information
  • Tax ID: M:069 B:657 L:018,2004042
  • Assessments: $1,277,300
  • Book: 37751
  • Tax Year: 2024
  • Zoning: R5
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • GOI: $104,124.00
  • NOI: $104,124.00
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: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,877.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 228-244 Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 228-244 Washington 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

Cobbet 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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228-244 Washington Street is a multi-family home for sale in Lynn, MA 01902. This property was listed for sale on May 12, 2024 by Century 21 North East, it's currently listed at $1,950,000. This listing's school district is Lynn School District. Nearby schools include William R Fallon, Cobbet Elementary School and Thurgood Marshall Middle School. 228-244 Washington Street is a 7-bed, 5-bath, multi-family home built in 1923.

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 Century 21 North East, Diane Cambria

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.