59 Elm Street

Lynn, MA 01905

$605,000
Last Sold Price
6
Beds
6
Baths
4,713 Sq. Ft.
$128 / Sq. Ft.
4,713
Sq. Ft.
$128
per Sq. Ft.

Description

Investors take note not a flipper but a turn key. 6 family fully occupied close to public transportation with off street parking. Nothing to do here but collect the rents. Sprinkler system, separate heating systems that have been updated, separate utilities. Clean property with solid tenants.Investors take note not a flipper but a turn key. 6 family fully occupied close to public transportation with off street parking. Nothing to do here but collect the rents. Sprinkler system, separate heating systems that have been updated, separate utilities. Clean property with solid tenants.
  1. Listed by William Doyle • Century 21 North East

Property Details for 59 Elm Street

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

Location

Listing Courtesy of Century 21 North East, William Doyle

Sold By Century 21 North East, William Doyle

Add your commute
LISTING UPDATED: 08/06/2022 06:43 AM

Property Details for 59 Elm Street

StatusSold
MLS #72201499
Days on Market4
Taxes$7,014 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyEssex County

Location

Listing Courtesy of Century 21 North East, William Doyle

Sold By Century 21 North East, William Doyle

Add your commute

Building Information for 59 Elm Street

Stories9Residences6Year Built1900Building Size-Lot Size0.10 AC / 4,500 SF

Payment Calculator

$3,886 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,302

Property Taxes

$585

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 59 Elm Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping
  • Current Financing: Cash
  • Living Area: 4713.0
  • Color: blue
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • 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: Yes
  • Fireplaces: 9
  • Flooring: Wood, Vinyl
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame, Stone
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Other
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 110 Volts, Circuit Breakers
  • Sewage District: LWSC
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:037 B:765 L:020,2006931
  • Assessments: $449,600
  • Book: 22873
  • Tax Year: 2017
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • GOI: $51,240.00
  • NOI: $51,240.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,475.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 59 Elm 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 59 Elm Street

Taxable ValueLand$185,400Additions$867,000Total$1,052,400
Tax Record2024$11,082 ($924 / month)
Home Facts
Baths6Total Finished SqFt4,833 SqFtAbove Grade Finished SqFt4,833 SqFtUnfinished Basement SqFt1,571 SqFtStories3Lot Size4,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR4CountyESSEXAPNLYNN M:037 B:765 L:020

Schools near 59 Elm 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
Connery Elementary School
PublicPK to 5

William R Fallon
PublicK to 5

Breed 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 Century 21 North East, William Doyle

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.