$3,800,000
$3,799,999
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1-25 Munroe Street Lynn, MA 01901
10 Beds
8 Baths
18,988 SqFt
Key Details
Sold Price $3,800,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 18,988 sqft
Price per Sqft $200
MLS Listing ID 73116878
Sold Date 11/26/24
Bedrooms 10
Full Baths 6
Half Baths 4
Year Built 1900
Annual Tax Amount $32,797
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
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
State MA
County Essex
Zoning CBD
Direction Downtown Lynn, corner of Market Street and Munroe Street
Rooms
Basement Partially Finished
Interior
Interior Features Laundry Room
Exterior
Waterfront Description Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
View Y/N Yes
View City View(s)
Roof Type Rubber
Total Parking Spaces 10
Garage No
Building
Lot Description Corner Lot
Story 4
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Guy Contaldi • Advisors Living - Boston