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listing
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MultifamilySold
List Price $749,000
Sold Price $749,000
11 Tilton Ter
Lynn, MA 01902
Courtesy of Laer Realty Partners - Vision Realty Group
MLS Property Information Network
5Beds
4Baths
3,146Sq Ft
Est. Mortgage
$3,966/mo

**PROPERTY CAN NOW BE DELIVERED VACANT AT CLOSING**This is a rare opportunity to own a legal 4-unit building that's conveniently located on a lightly traveled dead-end street. The property is perfect for an owner occupancy, as a rental investment property, or an ideal 1031 exchange replacement property. The first-floor one-bedroom unit was rehabbed in 2022 with new flooring, kitchen, appliances, quartz countertops, and cabinets. Two additional large studios and a huge, 2-floor 4-bedroom unit on floors 2 and 3. Complete roof repair in 2022, including new metal flashing and siding replacement. New water heater and some updated electrical. Plenty of storage in the basement that is mostly above grade with two separate egresses for a possible 5th unit to be added (not approved). Large detached garage, shared backyard space, and a driveway for off-street parking (not currently assigned to any unit). There is a coin-op laundry washer and dryer in the basement that is included with the sale.

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Information courtesy of Laer Realty Partners is subject to verification and is not guaranteed.
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