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listing
1 of 18
MultifamilyFor Sale
$1,900,000
7-9 Holland Ave
Lynn, MA 01905
Courtesy of Horvath & Tremblay - null null
MLS Property Information Network
12Beds
9Baths
8,493Sq Ft
Est. Mortgage
$9,907/mo

7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

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Information courtesy of Horvath & Tremblay is subject to verification and is not guaranteed.
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