Brought to you by: Mitchell Rosenwald - RE/MAX Advantage
515 Lowell St., Peabody,MA 01960

Phone: (617) 974-1230 Fax: (978) 548-6700

Jul-24-2019 04:55:29 am Contact Agent Request Showing
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1-3 Lynn Shore Drive
Lynn, MA. 01902-4905

MLS # 72529822 - Contingent
Multi-Family 4 Family    

List Price $899,900 Days on Market  
List Date   # Units 4
Sale Price   # Floors  
Sold Date   Rooms 12
Assessed Value $657,900 Bedrooms 4
Gross Living Area 3,332SF Full Baths 4
Lot Size 4,197SF Half Baths 4
Taxes $9,408.00 Fireplaces  
Tax Year 2019 Basement Yes
Zoning R4 Waterfront Yes
Est. Street Front 114 ft. Beach Nearby Yes
Year Built 1900 Parking Spaces 4
    Garage Spaces 0


On the Swampscott line- Diamond District- directly across the street from the beach with breathtaking panoramic views, this well-maintained multi family has been in the same family for over 40 years. There are a total of four units, three one bedrooms, and a studio unit, with parking, separate modern utilities, updated kitchens and bathrooms. Original architectural details appear throughout this 1906 dwelling in the woodwork and gleaming hardwood floors.Take a leisurely stroll along the famous Lynn Shore Drive promenade. Steps to Swampscott downtown shops, restaurants and the train to Boston, and only 10 miles to Logan Airport. FULL HISTORY, IMPROVEMENTS, INVESTMENT ANALYSIS(APOD) AVAILABLE UPON REQUEST-"the numbers work". Group showings: Wednesday 7/10 5:30-7pm, Saturday 7/13 11:30-1:00, Sunday 7/14 11:30-1pm

Amenities   Public
   Shopping, Park,
   Walk/Jog Trails, Golf
   Course, Medical
   Facility, Highway
   Access, House of
   Worship, Marina, Public
   School, University
Basement   Full, Concrete
Beach   0 to 1/10 Mil mi.,
   to (Public)
Construction   Frame
Electricity   Circuit
Energy   Insulated
   Windows, Storm Windows
Exterior   Shingles, Wood
Exterior Feat.   Porch,
   Deck, Gutters,
   Sprinkler System
Flooring   Tile, Hardwood
Foundation   Fieldstone
Heating Zones   4
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Corner, Paved
   Drive, Scenic View(s)
Parking   Off-Street,
   Assigned, Paved Driveway
Road   Public, Paved,
   Publicly Maint.,
Roof   Asphalt/Fiberglass
Sewage District   Lynn
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Electric Range, for
   Electric Oven, for
   Electric Dryer
Waterfront   Ocean
Unit 1 Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 1; Floor: 1; Fireplaces: 1; Full Baths: 1;
     Heating: Gas; Interior: Cable TV Available, Pantry, Balcony/Deck, Fireplace - Wood burning,
     Bathroom With Tub; Lease: No; Levels: 1; Rent: 1300; Rent Includes: Water; Rooms: 3; Rooms Desc.:
     Kitchen, Living RM/Dining RM Combo
Unit 2 Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 1; Floor: 2; Full Baths: 1; Heating: Gas;
     Interior: Cable TV Available, Balcony/Deck, Hardwood Floors, Upgraded Countertops, Bathroom with
     Shower Stall, Box/Bay/Bow Window(s), Remodeled; Lease: No; Levels: 1; Rent Includes: Water; Rooms:
     4; Rooms Desc.: Living Room, Dining Room, Kitchen, Office/Den
Unit 3 Appliances: Range, Dishwasher, Refrigerator; Bedrooms: 1; Floor: 3; Full Baths: 1; Heating: Gas;
     Interior: Cable TV Available, Stone/Granite/Solid Counters, Hardwood Floors; Lease: Yes; Levels:
     1; Rent: 1300; Rent Includes: Water; Rooms: 3; Rooms Desc.: Living Room, Kitchen
Unit 4 Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer; Bedrooms: 1; Floor: 3; Full Baths:
     1; Heating: Gas; Interior: Cable TV Available, Hardwood Floors, Bathroom with Shower Stall,
     Box/Bay/Bow Window(s); Lease: No; Levels: 1; Rent Includes: Water; Rooms: 2; Rooms Desc.: Living
     Room, Kitchen, Laundry
Financial Info
Expenses Source   Owner
Gross Expenses   $19,886
Gross Oper. Income  
Insurance   $3,099
Net Oper. Income   $54,610
Repairs & Maint.   $3,000
Additional Information
APOD Available?   Yes
Anticipated Sale Date  
Deed   Book: 5992, Page:
Disclosures   Two hot
   water tanks (1 for unit 4
   and 1 for all other
   units), Cable Comcast to
   building. Basement washer
   and dryer shared but unit
   4 has its own
   washer/dryer. Gas only in
   basement, not units.
Foreclosure   No
GLA Source   Public Record
Identifier   Map: 102,
   Lot: 021, Block: 552
Living Area Disclosures  
   First, second and third
   floors only
Parcel #   M:102 B:552
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
   Approximate, Renovated
Year Built Source   Public

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Property Last Updated by Listing Office: 7/18/19 12:37pm

Courtesy: MLSPIN

Contact agent for more information about this listing
Listing Office: RE/MAX Advantage Real Estate Listing Agent: Sean Connelly

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