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Property view

38-40 Herschel Street, 
Lynn, MA 01902

$820,000

5

Beds

3

Baths

2,638

Sq Ft

Multi-Family

Sold

Listed by

Liz Walters
Coldwell Banker Realty

781-631-9511

MLS#

73007279

Source:

MLSPIN

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About This Home

38-40 Herschel Street

Open House Sunday 11-12:30! Terrific Lynn investment opportunity with this legal 3 family home, impeccably maintained, and in a fantastic location with close proximity to the Swampscott train station/Swampcott beaches! The property is two levels, unit one has been owner occupied for 17 years! This unit is on the first floor with 1319 SF,a private entrance, three bedrooms, full bathroom, high ceilings, gleaming hardwood floors, renovated kitchen, and in-unit laundry. Second floor is spilt into two units, each with one bedroom and full bathroom, well maintained with TAW tenants. Unfinished basement offers separated storage, heating is 22 years old, electric has been fully updated and separate service to each unit individually. Plenty of parking and 2 car garage which has approved plans (3K value) to convert into a new 2 1/2 bay garage Newer windows, roof replaced in 2020, and current rents below fair market value projected as:1st floor $2325/mo, second floors $1625/mo each.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1910

Price Summary

795,000

$301 per Sq. Ft.

MLS #:

73007279

Sold:

September 8, 2022

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,638 Sq. Ft.

Structure

Structure

Year Built:

1910

Finances & Disclosures

Finances

Price:

$795,000

Price per Sq. Ft:

$301 per Sq. Ft.

38-40 Herschel Street
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Liz Walters

(617) 438-3665

(617) 438-3665

Contact
Source:MLSPIN
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