62 Nahant St.
Lynn, MA 01901

$1,300,000

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Listing Details

$1,300,000
MLS# 73550879
Type Commercial - Investment
Status Active

6,044
Square Feet
0.160 acres
Lot Size
1893
Year Built

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Listed By

Agency Name: The Drumlin Group Inc.
Agent Name: Jacob VanMeter
Agency Phone: 978-741-3696

Shown By

Agent Name: Alisa Cusack
Agent Phone: (781) 690-8840
Agency Title: Donahue Real Estate Co.

Home Value Estimate

Description

62 Nahant St. located in Lynns Diamond District is a licensed rooming/lodging house with an active license for 12 SRO. This license could be expanded to 16 SRO through the proper channels. 62 Nahant St. is located on a visible corner lot with off-street parking with close proximity to the beach, downtown and major public transportation. The building is good condition and would be ideal for a non-profit organization to purchase and modify the building for transitional housing programs. The building has a large dry basement which allows for ample storage of tenant or owner property and the garage could be utilized for additional storage....read more

Features

$11,844 Taxes
Built in 1893

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