31 Webster St

3,444 Sq. Ft.
$199 / Sq. Ft.
3,444
Sq. Ft.
$199
per Sq. Ft.

Description

Great income property for investors and owner occupants! 2 Deleaded units in this large updated stacked 3 family home (5-5-5) with separate utilities. Units 1 & 3 have guaranteed rents. This property is located in the Hood Elementary School District and provides easy access to major highways and shopping. Located close to the beach and the Swampscott Train Station. Come and enjoy all Lynn has to offer!Great income property for investors and owner occupants! 2 Deleaded units in this large updated stacked 3 family home (5-5-5) with separate utilities. Units 1 & 3 have guaranteed rents. This property is located in the Hood Elementary School District and provides easy access to major highways and shopping. Located close to the beach and the Swampscott Train Station. Come and enjoy all Lynn has to offer!
  1. Listed by Patricia Torto • Century 21 Tradition
  2. Listed by Emilio Flores • Mejia Real Estate LLC

Property Details for 31 Webster Street

Town
Lynn
MLS Area
East Lynn
Area
MA-Lynn-East Lynn, MA-Lynn
Garage Spaces
3
Parking Spaces
1.00
Parking Spaces Total
4
LISTING UPDATED: 08/06/2022 07:13 AM

Property Details for 31 Webster Street

StatusSold
MLS #72532658
Days on Market28
Taxes$7,365 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1910
CountyEssex County

Location

Listing Courtesy of Century 21 Tradition, Patricia Torto; Mejia Real Estate LLC, Emilio Flores

Sold By Cameron Real Estate Group, Michael Palleschi

Add your commute

Building Information for 31 Webster Street

Stories6Residences3Year Built1910Building Size-Lot Size0.15 AC / 6,481 SF

Payment Calculator

$3,952 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,339

Property Taxes

$614

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 31 Webster Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: FHA
  • Living Area: 3444.0
  • Color: Green
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Hood
  • High School: English
  • Middle School: Marshall
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Gas Water Heater
  • Basement Features: Full, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood, Tile Floor, Hardwood Floors
  • Interior Features: Storage, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Laundry Features: Washer Hookup
  • Window Features: Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Varies per Unit
  • Exterior Features: Fenced Yard, Screens, Porch, Deck
  • Fencing: Fenced
  • Lot Description: Sloped
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Tar/Gravel
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach
Parking Features
  • Covered Spaces: 3.00
  • Garage: Yes
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, Individually Metered, Varies per Unit
  • Heating: Baseboard, Steam, Oil, Natural Gas, Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Heating: Yes
  • Sewage District: Lynn
  • Sewer: City/Town Sewer
  • Utility Connections: Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: No
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Seller has never occupied the property. Seller is a corporation and President of the corporation is Realtor in Listing Office. Unit #1 and Unit #3 have lead certificates. Unit 2 does not.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:096 B:458 L:009,1998382
  • Assessments: $515,000
  • Book: 35715
  • Tax Year: 2019
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
Income / Expenses
  • Electricity: $521.00
  • Annual Expenses Source: Owner
  • GOI: $61,200.00
  • Gross Scheduled Income: $1,272.00
  • GRE: $16,000
  • MSE: $720
  • NOI: $45,000.00
  • Operating Expense: $16,000.00
  • WSE: $4,038.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,190.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 31 Webster Street

DateEvent & SourcePriceAppreciation
Oct 1, 2019

Sold

MLS PIN #72532658

$685,000—
Jul 25, 2019

Under Agreement

MLS PIN #72532658

—
Jul 25, 2019

Contingent

MLS PIN #72532658

—
Jul 11, 2019

Listed (Active)

MLS PIN #72532658

$700,000—
Jan 6, 2010

Expired

MLS PIN #70712896

$229,000—
Feb 15, 2008

Listed (Active)

MLS PIN #70712896

$399,000—
Dec 26, 2001

Sold (Public Record)

Public Record #100807771

$390,000

+31.6% / yr

Jun 29, 1995

Sold (Public Record)

Public Record #87107794

$65,500—
Nov 30, 1994

Expired

MLS PIN #30005433

$139,000—
Sep 3, 1994

Listed (Active)

MLS PIN #30005433

$139,000—
DateEvent & SourcePrice
10/01/2019

Sold

MLS PIN #72532658

$685,000
07/25/2019

Under Agreement

MLS PIN #72532658

—
07/25/2019

Contingent

MLS PIN #72532658

—
07/11/2019

Listed (Active)

MLS PIN #72532658

$700,000
01/06/2010

Expired

MLS PIN #70712896

$229,000
02/15/2008

Listed (Active)

MLS PIN #70712896

$399,000
12/26/2001

Sold (Public Record)

Public Record #100807771

$390,000

+31.6% / yr

06/29/1995

Sold (Public Record)

Public Record #87107794

$65,500
11/30/1994

Expired

MLS PIN #30005433

$139,000
09/03/1994

Listed (Active)

MLS PIN #30005433

$139,000

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

Public Records for 31 Webster Street

Taxable ValueLand$210,200Additions$645,400Total$855,600
Tax Record2025$8,864 ($739 / month)
Home Facts
Baths3Total Finished SqFt3,444 SqFtAbove Grade Finished SqFt3,444 SqFtUnfinished Basement SqFt1,148 SqFtStories3Lot Size6,482 SqFtStyleTriplexYear Built1910Year Renovated1965ZoningR1CountyESSEXAPNLYNN M:096 B:458 L:009

Schools near 31 Webster Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Hood Elementary School
PublicPK to 5

William R Fallon Elementary School
Public1 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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. 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 Tradition, Patricia Torto; Mejia Real Estate LLC, Emilio Flores

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.