Karen Anglim - Andrew Abu Inc Realtors Logo
$1,700,000
 $9,126 est/mo Sourced by Back At You

43 Highrock Street,Lynn, MA 01902

Lynn, MA 01902

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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.

Details

MLS #73535795
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site115
Listing Provided ByClements Realty Group | Eugene L. Clements

Features

Bed(s)18
Bath(s) 6 Total
SQ Feet4,230
BasementY
Story(s)5
Units6
ZoningR2
Acreage0.10
Water FrontYes

Interior

Rooms Total30
Heating Yes / NoYes
HeatingSteam
Interior FeaturesLiving Room, Kitchen
AppliancesRange, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringLaminate, Hardwood

Exterior

Exterior FeaturesRain Gutters
RoofRubber
Foundation DetailsStone
Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount15914
Tax Assessed Value154200
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Laundromat, Private School, Public School
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$1,700,000
low | high
Med:
$379,500
100% of Average
sqft:
4,230
low | high
Med:
947
100% of Average
$ / sqft:
$402
low | high
Med:
$408
48.375372751402% of Average
On site:
115
low | high
Med:
14.5
100% of Average
Sourced by Back At You

Market Activity 01902

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Contact

Learn More About This Property

Karen Anglim

Karen Anglim

Andrew Abu Inc

957618 (508) 277-6209karen@andrewabu.com
StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$1,700,000
low | high
Med:
$379,500
100% of Average
sqft:
4,230
low | high
Med:
947
100% of Average
$ / sqft:
$402
low | high
Med:
$408
48.375372751402% of Average
On site:
115
low | high
Med:
14.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.275M - $2.125M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
31-33 Hollingsworth St Property Photo 1
$1,299,900
31-33 Hollingsworth St
Lynn, MA 01902
Listing Updated: September 29, 2026 at 8:06:12 AM PDT