44 Estes Street Portfolio, Lynn, Massachusetts, United States, 01902
13,299,000
for Sale
64
62
25,221
About the property:
Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.
- Property Type:
- 5+ Family - 5+ Units Up/Down
- Status:
- for Sale
- House Style:
- Other
- Bedrooms:
- 64
- Bathrooms:
- 62
- Full Bathrooms:
- 62
- Acres:
- 0.58
- Square Feet:
- 42486
- Water:
- Public
- Garage And Parking:
- Off Street, Driveway
- Exterior:
- Other
- Sewer:
- Public Sewer
- Directions:
- Broad St -> Estes Street
- Association Fee:
- 0
- Is Garage:
- Yes
- Is Maintenance:
- Yes
- Listing ID:
- 73549418
Rooms
Dimensions
Brokered by:
Boston Realty Advisors
Presented By:
Presented By: