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103-113 Bowler St

Lynn, MA 01904
  • $2,100,000
  • STATUS: Active
  • MLS #: 72897368
$2,100,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Listing courtesy of James Barry of United Multi Family Corporation.

Description

We are pleased to present a unique investment opportunity in the city of Lynn, MA. 103 Bowler St and 113 Bowler St are both two-family homes consisting of 3 two-bedroom units and 1 one-bedroom unit. The apartments at 103 Bowler total 2,314 livable square feet and the apartments at 113 Bowler total 2,336 livable square feet. All units are individually metered. The below market rents present investors with the opportunity to increase rents through avalue-add renovation strategy. 109-111 Bowler St is an 8,500 square foot Industrial/Office Building that is currently being operated by Bass Associates, New Englands Architectural Facade Experts, an engineering manufacturer and affiliate of the seller. This building is primed for multi-family redevelopment but could be occupied by a buyers business as it serves as landlord to the multifamily properties, in that Bass Associates will be relocating due to expansion.

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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. Data last updated 2021-12-08T00:07:58.737.
www.seybothteamhomes.com/homes/121585884
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103-113 Bowler St Lynn, MA 01904

  • Price: $2,100,000
  • Status: Active
  • On Site: Days
  • MLS #: 72897368
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1910
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
We are pleased to present a unique investment opportunity in the city of Lynn, MA. 103 Bowler St and 113 Bowler St are both two-family homes consisting of 3 two-bedroom units and 1 one-bedroom unit. The apartments at 103 Bowler total 2,314 livable square feet and the apartments at 113 Bowler total 2,336 livable square feet. All units are individually metered. The below market rents present investors with the opportunity to increase rents through avalue-add renovation strategy. 109-111 Bowler St is an 8,500 square foot Industrial/Office Building that is currently being operated by Bass Associates, New Englands Architectural Facade Experts, an engineering manufacturer and affiliate of the seller. This building is primed for multi-family redevelopment but could be occupied by a buyers business as it serves as landlord to the multifamily properties, in that Bass Associates will be relocating due to expansion.
Exterior Features

Location Neighborhood Parking Features Garage Parking Spaces 0 Stories 7

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 4650.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 915200.00 Assessed Value Land 470300.00 Assessed Value Total 1385500.00 Commercial Industrial Type Commercial Disclosure No Exchange No Lease No Lease Type Other (See Remarks) Lender Owned No Mau Units 0 Ofu Units 1 On File21 E No Reu Units 0 Rsu Units 4 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 22000.00 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning R2

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of James Barry of United Multi Family Corporation.


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. Data last updated 2021-12-08T00:07:58.737.
 
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235 Taunton Avenue
Seekonk MA, 02771
Listing courtesy of James Barry of United Multi Family Corporation.