10-14 Sheldon St

    Lynn, MA 01902
    • $950,000
    • STATUS: Contingent
    • MLS #: 72569328
    Under Contract
    UPDATED: 47 min ago
    $950,000
    • 12
      BEDS
    • 0.12
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $158
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of David Cutler of North Shore Realty Pros.

    Description

    WOW! 3 separate structures on one lot / one deed, being sold together, 5 Units total! 2 Separate Single family homes & a 3-Family home Less than 1/2 mile to Swampscott and less than 1 Mile to the beach. These opportunities do not come often! Live in oneand have the rest pay your mortgage OR great for extended living situations. All this on a great residentialstreet convenient to EVERYTHING. All 5 units have completely separate utilities, updated electrical, well maintained or new roofs, heating, hot water, plumbing. All units rented month to month. Long term tenants. Full basement in each building. Parking for up to 5 cars + Street parking. INVESTORS TAKE NOTE: GRM (GROSS RENT MULTIPLIER) AT CURRENT UNDER-MARKET RENTS IS 12.5! Limited showings, Sunday 9/29 from 11-12 only showing for the week. 5 Units requires commercial financing, 20% down. Several lenders available.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-10-15T07:08:57.307.
    www.coastalnewenglandproperties.com/homes/99252462

    10-14 Sheldon St Lynn, MA 01902

    • Price: $950,000
    • Status: Contingent
    • Updated: 47 min ago
    • MLS #: 72569328
    12
    Beds
    5
    Baths
    0
    ½ Baths
    0.12
    Acres
    6,000
    SQFT
    $158
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    WOW! 3 separate structures on one lot / one deed, being sold together, 5 Units total! 2 Separate Single family homes & a 3-Family home Less than 1/2 mile to Swampscott and less than 1 Mile to the beach. These opportunities do not come often! Live in oneand have the rest pay your mortgage OR great for extended living situations. All this on a great residentialstreet convenient to EVERYTHING. All 5 units have completely separate utilities, updated electrical, well maintained or new roofs, heating, hot water, plumbing. All units rented month to month. Long term tenants. Full basement in each building. Parking for up to 5 cars + Street parking. INVESTORS TAKE NOTE: GRM (GROSS RENT MULTIPLIER) AT CURRENT UNDER-MARKET RENTS IS 12.5! Limited showings, Sunday 9/29 from 11-12 only showing for the week. 5 Units requires commercial financing, 20% down. Several lenders available.
    Exterior Features

    Beach Miles To 1/2 To 1 Mile Beachfront Yes Foundation Poured ConcreteOther (See Remarks) Garage Spaces 0 Lot Description Level Parking Features Off-StreetPaved Driveway Parking Spaces 5 Road Type Public Waterfront Flag No

    Interior Features

    Basement Yes Basement Features Full Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 2 Floors Unit3 2 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 5 Heat Zones 5 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 25 Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 5

    Property Features

    Adult Community No Apod Available Yes Assessments 663800.00 Disclosure No Disclosures All info And Data Estimated Or From Public Record. Seller Never Occupied Property. Agent And Seller Make No Warranties Or Representations. Buyer To Verify All info. Expenses Year End 12/18 Gross Operating Income 76200 Lead Paint NoneUnknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 5-9 Family Net Operating Income 76200 Rent Unit1 1150 Rent Unit2 1150 Rent Unit3 1000 Rent Unit4 1250 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures EstimatedBuyer To Verify if interested Sq Ft Source Other Tax Year 2019 Taxes 9492.00 Water City/Town Water Year Built Description ApproximateRenovated Since Year Built Source Public Record Zoning R1

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of David Cutler of North Shore Realty Pros.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-10-15T07:08:57.307.
     
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    Listing courtesy of David Cutler of North Shore Realty Pros.