26-28 Essex Circle

Lynn, MA 01902

$725,000
Last Sold Price
20
Beds
7
Baths
6,717 Sq. Ft.
$108 / Sq. Ft.
6,717
Sq. Ft.
$108
per Sq. Ft.

Description

Update: Monday showing canceled due to snow Come and see this rare 7 UNIT multi-family on a quiet dead end street in Lynn! Six of the units have 3 bedrooms and 1 full bathroom and 1 unit has 2 bedrooms and 1 bath. The building is fully occupied and the tenants are long term tenants paying way under the market rents. There will be a group showing on SUNDAY 2/12/17 at 10:00 AM and also Monday 2/13/17 from 10:00 AM - 11:30 AM . Don't let this 7 Unit pass you by, lots of potential! The property is lead...Update: Monday showing canceled due to snow Come and see this rare 7 UNIT multi-family on a quiet dead end street in Lynn! Six of the units have 3 bedrooms and 1 full bathroom and 1 unit has 2 bedrooms and 1 bath. The building is fully occupied and the tenants are long term tenants paying way under the market rents. There will be a group showing on SUNDAY 2/12/17 at 10:00 AM and also Monday 2/13/17 from 10:00 AM - 11:30 AM . Don't let this 7 Unit pass you by, lots of potential! The property is lead paint compliant.
  1. Listed by Michael Shea • Shea Real Estate

Property Details for 26-28 Essex Circle

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

Location

Listing Courtesy of Shea Real Estate, Michael Shea

Sold By Shea Real Estate, Michael Shea

Add your commute
LISTING UPDATED: 08/06/2022 06:37 AM

Property Details for 26-28 Essex Circle

StatusSold
MLS #72116332
Days on Market24
Taxes$7,647 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyEssex County

Location

Listing Courtesy of Shea Real Estate, Michael Shea

Sold By Shea Real Estate, Michael Shea

Add your commute

Building Information for 26-28 Essex Circle

Stories3Residences7Year Built1900Building Size-Lot Size0.16 AC / 6,863 SF

Payment Calculator

$4,594 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$637

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 26-28 Essex Circle

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 6717.0
  • Total Units: 7
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 7.0
  • Num of Full Baths: 7
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 7
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Construction: Frame
  • Lot Description: Level
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Assigned
  • Parking Features: Assigned
  • Parking Features: Assigned
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: All information to be verified by buyer/buyer agent. Agent learned the rents are going to be increased to these amounts March 1st,this is a $50 increase per unit/month. Seller will give option for buyer to make their own increase before he sends letter to the tenants.
Tax Information
  • Tax ID: 2005531
  • Assessments: $490,200
  • Book: 12673
  • Tax Year: 2017
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 20
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Heat Units: 1
Income / Expenses
  • Electricity: $200.00
  • GOI: $70,200.00
  • Insurance: $4,000.00
  • GRE: $20,247
  • HTE: $4,000
  • NOI: $49,953.00
  • Operating Expense: $20,247.00
  • WSE: $4,400.00
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: $5,850.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 26-28 Essex Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 26-28 Essex Circle

Taxable ValueLand$200,000Additions$1,127,100Total$1,327,100
Tax Record2024$13,974 ($1,164 / month)
Home Facts
Baths7Total Finished SqFt6,717 SqFtAbove Grade Finished SqFt6,717 SqFtUnfinished Basement SqFt1,435 SqFtStories3Lot Size6,863 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR4CountyESSEXAPNLYNN M:083 B:716 L:028

Schools near 26-28 Essex Circle

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.

Similar Homes

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Similar Sold Homes

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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 Shea Real Estate, Michael Shea

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.