Are you interested in living close to rent free? Here is an opportunity to own this 2 family house located near Rte 107, close to Stop & Shop, a few banks, convenient stores, among other amenities. Unit #1 has living room, dining room, kitchen, bath and 2 bedrooms, currently vacant and unit #2 is a 2 floor unit that has living room, dining room, kitchen, 5 bedrooms and 2 full baths collecting $2,550 on rent. Roof is 2 years old and house was recently converted to gas heat. If you are an investor looking for cash flow, property has the potential to be operating at a 7.90% cap rate. Property is being sold "as is".
Multi-familyProperty Type
1910Year Built
5,991 sq ftLot Size
$287Est. Price/Sq.Ft.
Listed by Phillip Castillo• Centre Realty Group
Bought with Elba Rojas• Boston Multi Services, LLC
AS IS SALE *** Any and all offers are contingent upon receipt of a fully exceuted and mutually acceptable Purchase & Sale agreement. Including any and all of the seller's addendums. The acceptance of good faith monies in escrow without an executed P&S Agreement does not bind the seller. “AS IS” SALE NO WARRIENTIES OR REPRESENTATIONS FROM BROKER OF ANY KIND Two Family with more bedrooms on third floor and one full bathroom Please provide FICO scores with all offers. PreApproval letter must acco
Public Records
Oct 31, 2006
Sold
$341,245
$112/sq ft
MLS PIN #70153251
Apr 29, 2005
Sold
$388,000
$128/sq ft
Mar 18, 2005
Listing Removed
—
Mar 4, 2005
Listed
$389,900
$128/sq ft
MODERN 2 1/2 Family with additional space for owner in second unit. natural woodwork and gleaming hardwood floors,
MLS PIN #70085087
Nov 23, 2004
Sold
$340,000
$112/sq ft
Sep 3, 2004
Listed
$359,900
$119/sq ft
MLS PIN #30109208
Aug 15, 1996
Sold
$86,000
$28/sq ft
Jun 27, 1996
Listing Removed
—
Jun 3, 1996
Listed
$93,000
$31/sq ft
Public Records
Oct 1, 1980
Sold
$29,900
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,916 (−2.6%)
$138,500 + $481,800
$620,300
2022
$7,104 (+7.3%)
$125,100 + $446,400
$571,500
2021
$6,623 (+26.9%)
$110,900 + $397,400
$508,300
2020
$5,221 (+6.3%)
$104,500 + $285,100
$389,600
2019
$4,912 (+7.5%)
$88,300 + $255,200
$343,500
2018
$4,568 (+3.8%)
$87,500 + $214,000
$301,500
2017
$4,401 (+14.1%)
$76,900 + $205,200
$282,100
2016
$3,857 (+7.3%)
$57,900 + $180,500
$238,400
2015
$3,595 (+12.1%)
$55,100 + $159,500
$214,600
2014
$3,208 (+8.4%)
$45,100 + $142,200
$187,300
2013
$2,959 (−1.1%)
$44,500 + $130,300
$174,800
2012
$2,991 (+14.0%)
$54,300 + $129,400
$183,700
2011
$2,624 (+11.4%)
$42,100 + $119,700
$161,800
2010
$2,356 (−11.4%)
$42,900 + $108,800
$151,700
2009
$2,660
$71,400 + $137,400
$208,800
Tax history for 129 Allen Ave
Year
Property tax
Land + Additions
Assessment*
2023
$6,916 (−2.6%)
$138,500 + $481,800
$620,300
2022
$7,104 (+7.3%)
$125,100 + $446,400
$571,500
2021
$6,623 (+26.9%)
$110,900 + $397,400
$508,300
2020
$5,221 (+6.3%)
$104,500 + $285,100
$389,600
2019
$4,912 (+7.5%)
$88,300 + $255,200
$343,500
2018
$4,568 (+3.8%)
$87,500 + $214,000
$301,500
2017
$4,401 (+14.1%)
$76,900 + $205,200
$282,100
2016
$3,857 (+7.3%)
$57,900 + $180,500
$238,400
2015
$3,595 (+12.1%)
$55,100 + $159,500
$214,600
2014
$3,208 (+8.4%)
$45,100 + $142,200
$187,300
2013
$2,959 (−1.1%)
$44,500 + $130,300
$174,800
2012
$2,991 (+14.0%)
$54,300 + $129,400
$183,700
2011
$2,624 (+11.4%)
$42,100 + $119,700
$161,800
2010
$2,356 (−11.4%)
$42,900 + $108,800
$151,700
2009
$2,660
$71,400 + $137,400
$208,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
7
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
1965
Sq. Ft.
3,036
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
2004599
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Unfinished
Laundry Information
Laundry Features: Washer & Dryer Hookup
Interior Features
# of Rooms (Total): 13
Flooring: Wood, Carpet
Interior Features: Living Room, Dining Room, Kitchen, Laundry Room, Family Room
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 3,036
Foundation Details: Stone, Brick/Mortar
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Fencing: Fenced/Enclosed
Patio And Porch Features: Deck - Wood
Property Information
PropertySubType: 2 Family - 2 Units Up/Down
Lot Information
Lot Size (Acres): 0.14
Lot Features: Gentle Sloping
ViewYN: Has View
View: City View(s), Scenic View(s)
Financial
Tax Information
Tax Annual Amount: $4,811.15
Tax Year: 2019
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Natural Gas
Location
Location Information
Directions: Google Maps
UnparsedAddress: 129 Allen Ave, Lynn MA 01902
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Public School
Public facts
Beds: 7
Baths: 3.0
Sq. Ft.: 3,036
Stories: 3.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: 1965
County: Essex County
APN: 2004599
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Robert L. Ford K-8 School
Public 1-5 • Assigned • 0.2mi
4/10
Fecteau-Leary Junior/Senior High School
Public 6-12 • Assigned • 0.6mi
1/10
Lynn English High School
Public 9-12 • Assigned • 0.4mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
72% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lynn, MA • 01902
Average low and high temperatures (°F)
34
21
36
22
49
33
57
41
67
51
78
62
82
67
78
62
72
58
63
47
53
38
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$829,000 – $1.00M
Reach more buyers when you sell with Redfin. Save up to $8,717 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.