190 Washington St - Apartments FOR SALE


Lynn, MA 01902- Downtown Lynn
$1,575,000 USD
781-776-4002
190 Washington St, Lynn, MA for Sale
$1,575,000 USD
Apartments - FOR SALE
1/10
null | 6.63% Cap Rate

190 Washington St
Lynn, MA 01902
Downtown Lynn


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Upside Potential with Rent Growth
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 190 Washington Street in Lynn, MA (the “Property”). The three-story building contains six (6) 2-Bedroom/1-Bathroom units with 6,015 square feet of gross living area in 8,050 square feet of gross area. The Property is situated upon a 0.11-acre parcel and features five (5) off-street parking spaces. 190 Washington Street is well-positioned in downtown Lynn, offering strong access to the city’s central business district, neighborhood retail corridors, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Interstate 95 and Route 1A, as well as proximity to the Lynn MBTA Commuter Rail Station, providing efficient transit access to Boston and the broader North Shore region.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

6

PRICE/UNIT

$262,500

CAP RATE

6.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

190 Washington Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1873

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R2

APN/PARCEL ID

LYNN-000069-000657-000027

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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Dennis KelleherHorvath & TremblayMore Info
781-776-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.