43 Highrock Street, Lynn, Massachusetts, United States, 01902

1,650,000
for Sale
18
6
4,230

About the property:

Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.
Property Type:
5-9 Family
Status:
for Sale
House Style:
Other
Bedrooms:
18
Bathrooms:
6
Full Bathrooms:
6
Acres:
0.1
Square Feet:
4230
Water:
Public
Heating:
Steam
Exterior:
Rain Gutters
Interior Features:
Living Room, Kitchen
Appliances:
Range, Refrigerator
Sewer:
Public Sewer
Directions:
Essex Street to Rockaway Street to Highrock Street
Association Fee:
0
Is Apartment:
Yes
Is Hardwood Floors:
Yes
Is Investment:
Yes
Listing ID:
73535795

Rooms

Dimensions

Brokered by:
Clements Realty Group
Presented By: