Under Agreement
Reactivated
Property Description
Rarely available downtown parcel in Lynn’s CBD district. 12,599 sqft assemblage on the corner of Munroe Street and Market Street. Two buildings and parking lot available for sale. 1 Munroe Street features 1 retail unit and 6 gutted renovated units (2019) over 8215 sqft. High ceilings, new systems, electric service, plumbing, sprinkler, etc. Laundry rooms on each floor. Long term retail tenant. 21 Munroe Street features 5 newly vacated commercial units over 10,773 sqft. All residential units in 1 Munroe Street on leases through 8/31/2024. Lots of development options. Build 10 stories by right or keep as-is.
Location
MA
Essex
Lynn
01901
1-25
Munroe Street
Downtown Lynn, corner of Market Street and Munroe Street
W71° 3′ 10.7”
N42° 27′ 44.5”
1-25 Munroe Street, Lynn MA 01901
1
School Information
Community Information
1
Additional Information
N
Unknown
Below Grade Living Space consists of finished comm
Tenants Belonings
Systems and Appliances
: 200+ Amp Service
: Laundry Room
: Public Sewer
Home owner association information
12
Zoning/Tax Information
$32,797
2023
CBD
999999
999999
$2,136,500
Building Information
$44,400
18,988 Sqft
Public Records
: Public
4
: Public
No
Paved
No
No
Features
: Partially Finished
: City View(s)
: 10
: Paved Drive, Off Street
No
: Corner Lot
: Rubber
: Beach Front, Ocean, Beach Ownership(public), 1 To 2 Mile To Beach
Listing Agent/Office
Lokos Realty & Management
Julius Sokol
NB4834
NB114069
1-25 Munroe Street, Lynn MA 01901 – 5-9 Family For Sale
1-25 Munroe Street, Lynn, Massachusetts 01901
10 Bedrooms
6 Full Bathrooms
18,988 Sqft
$3,799,999
Listing ID #73116878
Basic Details
Price : $3,799,999
Original List Price : $3,799,999
Property Type : 5-9 Family
Listing Type : For Sale
Buyer Agency Compensation : 2%
Listing ID : 73116878
Listing Category : Multi-family
Listing Status : Under Contract
Listing Sub-Status : Under Agreement
Days on Market : 303
Bedrooms : 10
Total Bathrooms : 8
Full Bathrooms : 6
Half Bathrooms : 4
Total Rooms : 99
Living Area : 18,988 Sqft
Year Built : 1900
Lot Size : 12,599 Sqft
Lot Size (Acres) : 0.29
Disclosures : Sold As-Is
Where-is. Buyer to Perform all due diligence
List Date : 05/29/2023 11:20 AM
PurchaseContractDate : 09/24/2023
Off Market Date : 09/24/2023
Last Status updated: : 09/24/2023 09:10 PM
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Agent info
Douglas Elliman
20 Park Plaza, Boston MA
Contact Agent