55 Rock Ave, Lynn, MA, 01902
Photo 2

$1,800,000

Active

55 Rock Ave

Lynn, MA 01902

18Beds
6Baths
7,785Sq Ft
Built 19005-9 Family0.11 Acres4 Parking5 Stories0 Days on Market

Attention investors! First time on the market in almost 20 years! A substantial investment has been made to replace all six gas-fired heating systems, hot water tanks and common area upgrades in this well-maintained six-unit apartment building. Each oversized three-bedroom unit has separate utilities, and the property offers off-street parking and an established rent roll. Three units have recently undergone extensive renovations, including new bathrooms, refinished hardwood floors, fresh paint, and additional updates. All units have Letters of Deleading Compliance. Professionally maintained with significant recent improvements, this income-producing property offers a desirable unit mix and potential for future rental growth.

55 Rock Ave, Lynn, MA, 01902Open in Maps →
Property Type5-9 Family
Year Built1900
MLS #73582954
StatusActive
Total Rooms30
Stories5
Living Area7,785 sqft
Lot Size0.11 acres
Annual Tax$12,925
Days on Market0
Parking Spaces4

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Mortgage Calculator

$11,052/mo

Principal & Interest$9,102
Property Tax$1,800
Insurance$150
Home Price$1,800,000
Down Payment20% ($360,000)

Listing Information

MLS #: 73582954
Source: MLS PIN

Est. Monthly Payment

$11,574/mo

Based on 20% down, 30yr fixed at 6.5%

Principal & Interest$9,115
Property Tax$1,077