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39 Newhall St, Lynn, MA 01902
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$4,550,000
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Home Details for 39 Newhall St
Price
$4,550,000
Type
Multi Family
Bedrooms
31
Total Bathrooms
23
Full Bathrooms
23
Year Build
1910
Sq. Ft.
16052
Lot Size
0.14
County
Essex
Total Rooms
74
Basement
Unfinished
Tax
$35,186
MLS®️ Listing#
73340893
On exitrealty.com
256 days
Property Description
39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. 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.
- Waterfront and Water Access
- Beach Front
- Water Features
- Public
- Basement
- Unfinished
Listing Courtesy: Horvath & Tremblay - 781-776-4000. Presented by: Kelleher - Pentore Team
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein. Copyright ©2025 MLS Property Information Network, Inc. All Rights Reserved.
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EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803