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27 Ingalls St
Lynn, MA. 01902
Essex County
Directions:
Ingalls Street Runs Between Chatham And Jackson Streets, Near The
Intersection With Essex Street.
MLS # 72120987
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Sold
Multi-Family 5-9 Family Blue
| List Price |
$725,000 |
Days on Market |
|
| List Date |
|
# Units |
6 |
| Sale Price |
$730,000 |
# Floors |
|
| Sold Date |
4/28/17 |
Rooms |
22 |
| Assessed Value |
$491,400 |
Bedrooms |
14 |
| Gross Living Area |
5,805SF |
Full Baths |
6 |
| Lot Size |
3,310SF |
Half Baths |
0 |
| Taxes |
$7,665.84 |
Fireplaces |
|
| Tax Year |
2017 |
Basement |
Yes |
| Zoning |
R1 |
Waterfront |
No |
| Est. Street Front |
|
Beach Nearby |
Yes |
| Year Built |
1925 |
Parking Spaces |
0 |
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Garage Spaces |
0 |
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Remarks:
Rare investment opportunity to own and operate a Six-family residence consisting of four 2-bedroom and two-3 bedroom, de-leaded apartments. Five units are now rented with upside rental potential and TAW tenants. Separate heat, hot water and electrical systems, newer roof.
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| Features |
Amenities Public
Transportation,
Shopping, Park, Golf
Course, Medical
Facility, Highway
Access, House of
Worship, Marina,
Private School, Public
School, T-Station,
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University
Basement Full
Beach 1 to 2 Mile mi.,
Ocean (Public)
Construction Frame
Electricity Circuit
Breakers, 60 Amps/Less
Energy Insulated Windows
Exterior Asbestos
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Flooring Wood, Tile,
Vinyl, Wall to Wall
Carpet
Foundation Fieldstone,
Brick
Heating Zones 6
Hot Water Natural Gas
Lead Paint Certified
Treated
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Lot Paved Drive
Parking Off-Street,
Paved Driveway
Road Public
Roof Tar & Gravel
Sewer / Water City/Town
Sewer, City/Town Water
Utility Connections for
Gas Range
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| Units |
Unit 1
Appliances: Range, Refrigerator; Bedrooms: 2; Full Baths: 1; Heating: Forced Air, Gas,
Individual; Lease: No; Levels: 1; Rent: 1000; Rent Includes: None; Rooms: 4; Rooms Desc.: Living
Room, Kitchen
Unit 2
Appliances: Range, Refrigerator; Bedrooms: 2; Floor: 1; Full Baths: 1; Heating: Forced Air, Gas,
Individual; Lease: No; Levels: 1; Rent: 1100; Rent Includes: None; Rooms: 4; Rooms Desc.: Living
Room, Kitchen
Unit 3
Appliances: Range, Refrigerator; Bedrooms: 2; Floor: 2; Full Baths: 1; Heating: Forced Air, Gas;
Lease: No; Levels: 1; Rent: 1000; Rent Includes: None; Rooms: 4; Rooms Desc.: Living Room, Kitchen
Unit 4
Appliances: Range, Refrigerator; Bedrooms: 3; Floor: 2; Full Baths: 1; Heating: Forced Air, Gas;
Lease: No; Levels: 1; Rent: 1250; Rent Includes: None; Rooms: 5; Rooms Desc.: Living Room, Kitchen
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| Financial Info |
Expenses Source Owner
Provided
Expenses Year End 12/16
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Gross Expenses $14,725
Gross Oper. Income
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$76,800
Insurance $3,000
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Net Oper. Income $61,334
Water $4,800
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| Additional Information |
APOD Available? Yes
Anticipated Sale Date
04/28/2017
Deed Book: 18415, Page:
424
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Disclosures 5 gas, FHA
heating systems and one
FHA by oil unit 3L. 6
Separate HW tanks by gas.
Foreclosure No
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GLA Source Public Record
Off Market Date 4/16/17
Seller Disclosure Doc No
Short Sale No
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Year Built Desc.
Approximate
Year Built Source Public
Record
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Property Last Updated by Listing Office: 4/30/17 2:44pm
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Courtesy: MLSPIN
Listing Office: RE/MAX Advantage Real Estate
Listing Agent: Kathleen Sullivan
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