Morris Street Multifamily

  • Title

    Multifamily Property

  • City

    Lynn, MA

  • Price

    $900,000

  • Cap Rate

    7.2%

  • Gross Leasable Area

    6,468 SF

  • No. Units

    6

  • Price/SF

    $139.15

  • Price/Unit

    $150,000

  • No. Stories

    3

  • Year Built

    1903

Not found amenities.

Northeast Private Client Group is pleased to present 17 Morris Street located in Lynn, MA

17 Morris street is a comprised of six (6) two-bedroom apartments. The property has off street parking. An opportunistic investor can see the upside by updating the units and raising rents to market levels.

Lynn is located in the southern part of Essex County and is 10 miles northeast of Boston and 22 miles south-west of Cape Ann. The city is bordered by Nahant to the south, Swampscott to the east, Salem to the northeast, Lynnfeild to the northwest, Saugus to the west and Revere to the southeast.

All qualified and interested parties will have the opportunity to tour the property during scheduled appointments and obtain a current rent roll & obtain additional information upon request.

Lynn, Essex County, MA

Morris Street Multifamily Offering Memo