MLS Number 73185432
- Next Open House: Thu 12/14 11:00 am. to 1:00 pm.
- Bedrooms 28
- Bathroom 18
- Square Feet 14,226
55 Broad Street in Lynn, Massachusetts is a brick garden-style apartment building built in 1974 and consists of 18 units, 20 surface parking with on-site laundry facility. The property boasts an attractive unit-mix which consists of one (1) Studio, eleven (11) one-bedroom units and six (6) two-bedroom units. The total rentable square footage is 14,226 with a total gross square footage of 15,393 and situated on a tree lined corner lot of .36 acres (15,582 square feet). 55 Broad offers investors a strong rental history and the opportunity to bring undervalued rents to market through strategic renovations of the apartments. The current ownership has completed many capital improvements, such as replacement of high-efficient dual boilers and storage tank, varying unit renovations, parking lot retaining wall and repaving/striping, replacement of 75% of patio sliders and rear entrance stairs.
Listed by Dan Pouladian and Sara Pouladian of North Shore Realty Advisors