43 Highrock Street, Lynn, MA 01902
43 Highrock Street, Lynn, MA 01902
43 Highrock Street, Lynn, MA 01902
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Michael Sakey

Michael Sakey

+1(413) 977-2345
$1,900,000
Est. payment /mo
18 Beds
6 Baths
4,230 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,230 sqft

Price per Sqft $449

MLS Listing ID 73535795

Bedrooms 18

Full Baths 6

Year Built 1900

Annual Tax Amount $15,914

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 5-9 Family

Property Description

Attention investors! Don't miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

Location

State MA

County Essex

Zoning R2

Direction Essex Street to Rockaway Street to Highrock Street

Rooms

Basement Full, Interior Entry, Concrete

Interior

Interior Features Living Room, Kitchen

Heating Steam

Flooring Laminate, Hardwood

Appliance Range, Refrigerator

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Laundromat, Private School, Public School

Waterfront Description Ocean,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Roof Type Rubber

Garage No

Building

Lot Description Level

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Clements Realty Group

Nearby Locations

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CONTACT US

+1(413) 977-2345

www.mlsakey.com