CENTURY 21 Hughes

131 Lynnfield Street, Peabody, MA 01960

Multi-Family

$439,999
Price
$450,000
Sale Price

2
Units
3,548
Approx. GLA
Very nicely situated multi-family investment on Lynnfield Street near Route 128, Route 1 and downtown Peabody. Commuter location close to the Lynnfield line. Each tenant pays their own utility bills. There are 4 electric meters and 3 hot water heaters. Heat for the 1st & 2nd floor units is steam by oil, 3rd floor is electric. Natural gas master manifold in place for 3 meters, shut-off at the street. Energy efficient double-pane thermal windows within 7-years of age. Both 1st & 2nd floor units have had kitchen & bathroom upgrades in the past 7 years. 3rd floor accessible inside 2nd floor unit and by common staircase creating options to maximize income. Opportunities for the 3rd floor is to create another living unit if allowed by the city, or expand to create a very large townhouse unit. 1st & 2nd floor tenants each currently at $1,200 monthly which is far below market value.
Highlights
Sale Price: $450,000
Settled Date: 1/9/2017 12:00:00 AM
Basement Features: Full
List Price: $439,999
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 6
Baths: 3
Units: 2
Year Built: 1920
Year Round: Yes
Approx. GLA: 3,548
MLS#: 72006251
 
Interior
Basement: Yes
Cooling Units: See Details Now
Cooling Zones: See Details Now
Electricity Cost: See Details Now
Electric Features: See Details Now
Heating Units: See Details Now
Heating Zones: See Details Now
Flooring: See Details Now
Energy: See Details Now
Fireplaces: See Details Now
Hot Water: See Details Now
Rooms: 14
Green Certification: See Details Now
Lead Paint: See Details Now
Total Floors: 3
UFFI: See Details Now
Exterior
Water: See Details Now
Facing: See Details Now
Acres: 0.12
Lot Size: 5,109.00
Lot Description: See Details Now
Foundation: See Details Now
Foundation Size: See Details Now
Waterfront: See Details Now
Waterview Feat.: See Details Now
Garage Spaces: See Details Now
Parking Spaces: 6
Parking Features: See Details Now
Road Type: See Details Now
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Construction: See Details Now
Roof Material: See Details Now
Utility: See Details Now
Exterior: See Details Now
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Taxes
Short Sale Lender Approval: See Details Now
Title 5: See Details Now
Lender Owned: No
APOD Available: See Details Now
Assessed Price: See Details Now
Taxes: See Details Now
Tax Year: 00
Book/Page: See Details Now
Zoning: See Details Now
Warranty Available: See Details Now
School
Grade School: See Details Now
Middle School: See Details Now
High School: See Details Now
Beach
Beach: See Details Now
Miles to Beach: See Details Now
Beach Description: See Details Now
Beach Ownership: See Details Now
Expenses
Expenses Source: See Details
Gross Income: See Details
Gross Expenses: See Details
Total Rent: See Details
Net Income: See Details
Gas Cost: See Details
Heat Cost: See Details
Insurance Cost: See Details
Management Cost: See Details
Refuse Cost: See Details
R&M Cost: See Details
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Water Cost: See Details
Misc. Cost: See Details
 
Additional
Amenities: See Details Now
Exclusions: See Details Now
Disclosure Declaration: See Details Now
Disclosure: See Details Now
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 0 0 0 0 0 0 No 0
Unit 2 0 0 0 0 0 0 No 0
Map
The listing office is The Mega Group and the listing agent is Brian Dapice. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. and it's 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. The data was last modified on 10/19/2017 10:35:00 PM.
 
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CENTURY 21 Hughes