25 Hamilton Ave - Apartments FOR SALE


Lynn, MA 01902- North Suburbs-Essex
$4,150,000 USD
617-768-7333
25 Hamilton Ave, Lynn, MA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

25 Hamilton Ave
Lynn, MA 01902
North Suburbs-Essex


HIGHLIGHTS

  • 16 Parking Spaces
  • New Roof
  • Solar Array

OVERVIEW

Boston Realty Advisors is pleased to present 25 Hamilton Avenue, an eighteen-unit multifamily property located in Lynn, Massachusetts. The three-story building is comprised entirely of one-bedroom apartments and contains 11,169 square feet of gross living area within a total building area of 15,468 square feet. The property sits on a 0.29-acre lot and includes sixteen (16) on-site parking spaces, providing a meaningful competitive advantage in this urban submarket. The property is equipped with energy-efficient building systems, including a solar array that fully offsets the building’s electrical consumption. Seventeen of the eighteen units are currently occupied on annual leases.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$374 USD /SF

# OF UNITS

18

PRICE/UNIT

$230,556

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,944 SF

ZONING

R4, Lynn

APN/PARCEL ID

LYNN-000069-000656-000006

ASK ABOUT THIS PROPERTY

Daniel AlperBoston Realty AdvisorsMore Info
617-768-7333

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Daniel AlperBoston Realty AdvisorsMore Info
617-768-7333

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