Pending
Under Agreement
7-9 Holland Ave
Lynn MA, 01905
$1,900,000
$223.71 per sqft
Pending
Under Agreement
12 Beds
9 Baths
8,493 sqft
Multi-family
Built in 1925
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.
73315479
MLSⓇ ID
November 25, 2024
Listed
December 10, 2024
Updated
Map
7-9 Holland Ave
Lynn MA, 01905
Interior Features
Total Stories
3
Bedrooms
12
Total Bathrooms
9
Full Bathrooms
9
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Lot Features
Other
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Taxes
$18,936
Tax Frequency
Annually
Days on Market
15
Garage
No
Parking
Off Street
Parking Total
11
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
R4
Listing History
Date | Event | Price |
|---|---|---|
12/10/2024 | Pending | — |
Courtesy of Dennis Kelleher, Horvath & Tremblay
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Data last updated 11:19 PM UTC, 12/10/2024
