22 Reed St, Lynn, MA 01905

$1,100,000
6
BD
3
BA
3,239
SqFt

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List Price
$1,100,000
MLS#
73596753
Status
NEW
Type
Multifamily
City
Lynn
County
Essex
Bedrooms
6
Bathrooms
3
Living Area
3,239
Year Built
1920

Property Description

Exceptional WATERFRONT investment opportunity in Lynn! This triple-decker, set on a DOUBLE SIZED LOT offers three spacious levels of living, each with 2 bedrooms, 1 full bath and their own private decks, creating an appealing blend of traditional New England character and functional multi-family living. Outside, the property truly distinguishes itself. The oversized lot offers an abundance of room for outdoor enjoyment, while a detached two-car garage and additional off-street parking spaces provide a level of parking rarely found with multi-family properties. A full basement adds valuable storage and utility space. Whether you're an investor seeking a substantial income-producing asset or an owner-occupant looking to offset housing costs with rental income, this property offers an impressive foundation and considerable potential. Conveniently located in Lynn's Austin Square neighborhood, with easy access to local shops, restaurants, parks, schools, public transportation, and the amenities of the North Shore and Greater Boston, a property of this size and lot profile is a compelling opportunity to own a truly substantial multi-family asset in Lynn. Property to be conveyed vacant. Buyer and buyer's agent to perform their own due diligence regarding zoning, permitted uses, rental history, and all property information. Showings begin Saturday, October 31!

Additional Information

Exterior
Frame
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dawn Aiello from Listing Office: eXp Realty LLC - Corporate Office.