Active
9 Needhams Landing
Lynn MA, 01905
$12,200,000
$438.22 per sqft
Active
52 Beds
42 Baths
27,840 sqft
Multi-family
Built in 2015
One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.
73168127
MLSⓇ ID
October 9, 2023
Listed
March 25, 2024
Updated
Map
9 Needhams Landing
Lynn MA, 01905
Interior Features
Total Stories
4
Bedrooms
52 Beds
Bathrooms
42 Baths
Floor Description
Bamboo
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.88 Acres
Lot Features
Level
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$127,195
Tax Frequency
Annually
Garage
No
Parking
Paved Drive, Off Street
Parking Total
84
View
Yes
View Description
Scenic View(s)
County
Essex
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
R4
Buyer Agency Compensation
0.008%
Courtesy of AJ Pappas, eXp Realty
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Data last updated 6:58 PM UTC, 3/25/2024
