148 Liberty Street located in downtown Lynn is a handsome brick 4-story elevator apartment building consisting of twenty-four (24) residential units. The asset offers an attractive unit mix of seven (7) two-bedroom units, and seventeen (17) one-bedroom units with recently renovated common areas. The offering presents a strong value-add opportunity for investors as rents are currently below market within an urban densely populated area. The property is surrounded by many amenities, restaurants, commuting routes into Boston, and public transportation. Tenants are responsible for their own separately metered utilities such as heat, hot water, and electric making this an ideal investment. The property has undergone a number of capital improvements such as common area lighting, flooring, painting, masonry pointing, hot water tank replacements.
Property Details
Property Features
Property Information:
Year Built: 1943
Living Area: 13,376 SqFt
Listing Office:
Office Name: North Shore Realty Advisors
Office Phone: (617) 548-7737
Listing Agent: Dan Pouladian
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Tile, Vinyl, Carpet
Bedroom and Bathroom Information:
Full Bathrooms: 24
Total Bedroom Count: 31
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.11 Acres
Other
Directions Information:
Directions: Market Street to Liberty Street
Price Information
Listing Price Info
Price Summary:
List Price: $5,200,000
Price Per SqFt: $389/SqFt
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Understand what home price range makes sense for your budget.
This property is $4.6M more than the Median Sold Price and $27/SqFt more than other homes in Lynn, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73317676
Listing Office:
Office Name: North Shore Realty Advisors
Office Phone: (617) 548-7737
Listing Agent: Dan Pouladian
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/11/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Cobbet Elementary School
40 Franklin St
Distance between this listing and this school0.32 miles
Public District Grades KG-5
2
/10
Washington Elementary School
58 Blossom St
Distance between this listing and this school0.33 miles
Public District Grades PK-5
3
/10
E J Harrington
21 Dexter St
Distance between this listing and this school0.48 miles
Public District Grades PK-5
Nearby Schools
4
/10
Thurgood Marshall Middle School
100 Brookline St
Distance between this listing and this school1.07 miles
Public District Grades 6-8
4
/10
Pickering Middle School
70 Conomo Ave
Distance between this listing and this school1.64 miles
Public District Grades 6-8
2
/10
Breed Middle School
90 Ocallaghan Way
Distance between this listing and this school1.91 miles
Public District Grades 6-8
Nearby Schools
5
/10
Kipp Academy Lynn Charter School
90 High Rock St
Distance between this listing and this school0.24 miles
Public Charter Grades KG-12
1
/10
Fecteau-Leary Junior/Senior High School
33 N Common St
Distance between this listing and this school0.34 miles
Public District Grades 6-12
3
/10
Lynn Vocational Technical Institute
80 Neptune Blvd
Distance between this listing and this school0.46 miles
The neighbors living near this home have an average income of $18,302. Typical income of Lynn, MA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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This home is located at 148 Liberty in Lynn, MA and zip code 01901. This 13,376 square foot home, which was built in 1943, sits on a 0.11 acre lot. Features: 31 bedrooms, 24 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $5,200,000.
While more than 33 listings in Lynn, MA in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 7 were sold below. The number of listings in Lynn, MA decreased by 12% between October 2024 and November 2024. While the average time on the market in November 2024 was 18 days, the median list price was $577,500.
From Rocket Homes Real Estate and based on county public records data.