Movoto Real Estate

30-32 High, Lynn, MA 01902

$5,000,000
•
  • 34

    bed

  • 25

    bath

  • 15,729

    Sqft ($318/Sqft)

Multi-family for sale 92 days

About 30-32 High

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 0.25 Acre
Movoto estimate
Property description
Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.
Listed by
Listing Agent - James Yannios
Listing Office - Yannios R E Investment Sales
Source: MLS Property Information Network, Inc. mls logo
MLS#73552194 • last updated 2 months ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
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Overview
Levels/Style 3, 3
MLS # 73552194
Type Residential Income
Status Active
SubType 5+ Family - 5+ Units Up/Down
SqFt 15729
Lot Size (SqFt) 11000
Lot Size (Acres) 0.25
Annual Property Tax 39376
Year Built 1890
Interior
Total # of Bathrooms 25
# Full Baths 25
Total # of Bedrooms 34
Basement Full
Total # of Rooms 73
Flooring Tile, Vinyl, Varies
Door Features Insulated Doors
Window Features Insulated Windows
Exterior
Foundation Stone, Brick/Mortar
Roof Shingle, Rubber
Construction Frame
Parking Desc Off Street
# Parking Spaces 18
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Utilities For Electric Oven
Electricity Circuit Breakers
Water Source Public
Location
County Essex
Community Features Public Transportation, Shopping, Laundromat
APN 2003315
Directions O
Multifamily Details
Net Operating Income 341000
Operating Expense 135137
Total Actual Rent 32767
Financial Data Source Owner
Expense: Water/ Sewer 22126
Gross Income 478500
Expense: Electricity 4106
Gross Scheduled Income 5908
Lot/ Land Details
Road Frontage Public
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MA
  • Essex County
  • Lynn
  • 01902
  • Downtown Lynn
  • 30-32 High

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