8 days on rocket

7-9 Holland Ave, Lynn, MA, 01905

$1,900,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
9 Full Baths
8,493 SqFt
$224/SqFt
Multi

Location

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7-9 Holland Ave, Lynn$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1925
BasementYes
MLS #73315479
Lot Size0.13 Acres
StatusActive

About 7-9 Holland Ave

7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 8,493 SqFt

Listing Office:

  • Office Name: Horvath & Tremblay
  • Office Phone: (781) 776-4000
  • Listing Agent: Dennis Kelleher

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000
  • Price Per SqFt: $224/SqFt
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Housing Market Comparison

See how this home compares to others in Lynn, MA.

Med. Sold Price

$577.5K

Med. Price/SqFt

$361

Avg. Days On Market

18

# of Sold Homes

44

7-9 Holland Ave vs Lynn

8 DAYS ON ROCKET

-10 Days

$1,900,000

+$1.3M More

$224/SqFt

-$138 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $138/SqFt less 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: #73315479

Listing Office:

  • Office Name: Horvath & Tremblay
  • Office Phone: (781) 776-4000
  • Listing Agent: Dennis Kelleher

IDX 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: 12/3/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$9,550

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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NMLS#3030

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.

Nearby Schools

school-card-donut-3799293
4
/10
  • A Drewicz Elementary School

  • 34 Hood St

  • 0.05 miles

  • Public District Grades PK-5

school-card-donut-3799294
2
/10
  • Wm P Connery

  • 50 Elm St

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-3799295
5
/10
  • Tracy

  • 35 Walnut St

  • 0.59 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,400. The most common annual income of people living in Lynn, MA is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesMassachusettsEssex CountyLynn019057-9 Holland Ave

This home is located at 7-9 Holland Ave in Lynn, MA and zip code 01905. This 8,493 square foot home, which was built in 1925, sits on a 0.13 acre lot. Features: 12 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $1,900,000.

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. In November 2024 in Lynn, MA there were 12% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $577,500, while the average time on the real estate market was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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