Fantastic opportunity to own this fully occupied, low maintenance, large 3 family building, conveniently located right off Boston St close to shopping amenities. All three units are spacious 3 bed, 1 full bath units. All have hardwood flooring and granite countertops. Interior and exterior are in great condition. All tenants have leases. Rent amounts are $2100, $1800 and $1700 and have a lot of room to improve. Unit 1 & 2 have lead certs. Great cash flow – Don’t miss out on this great investment opportunity!
Multi-familyProperty Type
1910Year Built
2,477 sq ftLot Size
$295Est. Price/Sq.Ft.
1 spaceParking
Listed by Zhuoming Sun• Lillian Montalto Signature Properties
Bought with Mark Pitzi• Coldwell Banker Residential Brokerage - Beverly
GREAT INVESTMENT OPPORTUNITY! Large 3 Family in LYNN in a prime location. Each unit features Large Bedrooms, Eat-In Kitchen, Front & Rear Porches, Gas Heating. Turn Key Opportunity with the ability to increase rents. Conveniently located near many area amenities including schools, hospitals, hotels, shopping, dining & commuter rail transportation. PRIME FOR FUTURE CONDO CONVERSION.
MLS PIN #71018260
Dec 27, 2011
Sold
$178,000
$47/sq ft
Nov 10, 2011
Contingent
—
Nov 1, 2011
Price Changed
$183,000
$49/sq ft
Nov 1, 2011
Relisted
—
Aug 18, 2011
Contingent
—
Aug 17, 2011
Price Changed
$158,800
$42/sq ft
Aug 17, 2011
Price Changed
$170,000
$45/sq ft
Aug 17, 2011
Relisted
—
Aug 7, 2011
Contingent
—
Jul 27, 2011
Relisted
—
Feb 18, 2011
Contingent
—
Feb 11, 2011
Price Changed
$199,800
$53/sq ft
Jul 13, 2010
Price Changed
$214,900
$57/sq ft
Jan 13, 2010
Listed
$258,900
$69/sq ft
Approved by the seller bank . We need to close on NOVEMBER 25!,All offer will be present on 11/6/11. Location!..Nice and updates 3 family house.Harwod floors on all three levels.Updated all bathrooms and more.All stove and refrigerators included. Home Inspection for information only.No inspection contingencies.sold AS IS. Buyer's broker to perform all due diligence to buyers satisfaction.Buyer responsible for smoke detectors & obtained smoke certificate.Cash buyers.
Public Records
Nov 30, 2005
Sold
$428,000
$114/sq ft
MLS PIN #70236972
Nov 30, 2005
Sold
$420,000
$111/sq ft
Oct 24, 2005
Listing Removed
—
Aug 5, 2005
Listed
$429,000
$114/sq ft
MLS PIN #12097389
Apr 29, 1993
Sold
$97,900
$26/sq ft
Feb 18, 1993
Listing Removed
—
Jul 10, 1992
Listed
$99,900
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$8,501 (−0.3%)
$165,200 + $597,200
$762,400
2022
$8,526 (+3.6%)
$153,000 + $532,900
$685,900
2021
$8,226 (−4.4%)
$147,000 + $484,300
$631,300
2020
$8,605 (+18.6%)
$129,500 + $512,700
$642,200
2019
$7,254 (+12.1%)
$106,000 + $401,300
$507,300
2018
$6,469 (+11.0%)
$88,100 + $338,900
$427,000
2017
$5,828 (+8.3%)
$74,700 + $298,900
$373,600
2016
$5,383 (+11.4%)
$66,600 + $266,100
$332,700
2015
$4,831 (+4.3%)
$62,100 + $226,300
$288,400
2014
$4,632 (+13.5%)
$68,100 + $202,300
$270,400
2013
$4,080 (+6.0%)
$60,900 + $180,100
$241,000
2012
$3,849 (−2.6%)
$69,800 + $166,600
$236,400
2011
$3,951 (+9.6%)
$73,100 + $170,500
$243,600
2010
$3,606 (+2.6%)
$72,300 + $159,900
$232,200
2009
$3,516
$88,900 + $187,100
$276,000
Tax history for 6 Rhodes Ave
Year
Property tax
Land + Additions
Assessment*
2023
$8,501 (−0.3%)
$165,200 + $597,200
$762,400
2022
$8,526 (+3.6%)
$153,000 + $532,900
$685,900
2021
$8,226 (−4.4%)
$147,000 + $484,300
$631,300
2020
$8,605 (+18.6%)
$129,500 + $512,700
$642,200
2019
$7,254 (+12.1%)
$106,000 + $401,300
$507,300
2018
$6,469 (+11.0%)
$88,100 + $338,900
$427,000
2017
$5,828 (+8.3%)
$74,700 + $298,900
$373,600
2016
$5,383 (+11.4%)
$66,600 + $266,100
$332,700
2015
$4,831 (+4.3%)
$62,100 + $226,300
$288,400
2014
$4,632 (+13.5%)
$68,100 + $202,300
$270,400
2013
$4,080 (+6.0%)
$60,900 + $180,100
$241,000
2012
$3,849 (−2.6%)
$69,800 + $166,600
$236,400
2011
$3,951 (+9.6%)
$73,100 + $170,500
$243,600
2010
$3,606 (+2.6%)
$72,300 + $159,900
$232,200
2009
$3,516
$88,900 + $187,100
$276,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
2,477
Year renovated
1965
Sq. Ft.
3,768
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
1991501
Parking Spaces
1
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Jun 15, 2020.
Dec 10, 2016 • Final
Tank installation or removal
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 1
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 3
Interior Features
# of Rooms (Total): 18
Flooring: Wood
Interior Features: Living Room, Dining Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 3,768
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Color: Yellow
Lead Paint: Certified Treated
Exterior Features
Roof: Rubber
Patio And Porch Features: Porch, Deck, Patio
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.06
Lot Features: Level
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $6,469
Tax Year: 2018
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas
Heating Units: 3
Cooling Units: 0
Location
Location Information
Directions: Boston St to Rhodes Ave
UnparsedAddress: 6 Rhodes Ave, Lynn MA 01904
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Pool, Park, Public School
Public facts
Beds: 9
Baths: 3.0
Sq. Ft.: 3,768
Stories: 3.0
Parking Spaces: 1
Basement: Yes
Accessible: No
Lot Size: 2,477 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: 1965
County: Essex County
APN: 1991501
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Jun 15, 2020
Other
Miscellaneous Information
Heat Zones: 3
Listing Information
StandardStatus: Closed
Around this home
Schools
Tracy
Public 1-5 • Assigned • 0.2mi
5/10
Fecteau-Leary Junior/Senior High School
Public 6-12 • 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
0.15% 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 • 01904
Average low and high temperatures (°F)
34
21
36
22
50
33
58
41
67
51
79
62
83
67
79
62
73
57
64
47
53
38
39
25
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
$1.06M – $1.28M
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