1-25 Munroe Street Pending

Lynn,MA 01901

$ 3799999

10 Beds

8 Baths

18988 SqFt


Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 18,988 sqft

Price per Sqft $200

MLS Listing ID 73116878

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

Laundry Laundry Room

Basement Type Partially Finished

Exterior

Waterfront false

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

Waterfront Description Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Building

Lot Description Corner Lot

Story 4

Foundation Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

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