9 Needhams Landing new Save Request In-Person Tour Request Virtual Tour
Lynn,MA 01905
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 27,840 sqft
Price per Sqft $438
MLS Listing ID 73322222
Bedrooms 52
Full Baths 42
Year Built 2015
Annual Tax Amount $127,195
Tax Year 2023
Lot Size 0.880 Acres
Acres 0.88
Property Description
One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.
Location
State MA
County Essex
Zoning R4
Direction From Boston Rt 1N, left on MA 60W, 2nd Exit MA 107N,Lf Ida, Rt on River, LF on Canal, Destination RT
Interior
Flooring Bamboo
Exterior
Community Features Public Transportation,Park,Medical Facility,Laundromat
Waterfront Description Waterfront,Beach Front,River,Ocean,1 to 2 Mile To Beach
View Y/N Yes
View Scenic View(s)
Roof Type Shingle
Total Parking Spaces 84
Garage No
Building
Lot Description Level
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false