36 Sagamore Street

Lynn, MA 01902

$1,100,000
Price
5
Beds
5
Baths
3,139 Sq. Ft.
$350 / Sq. Ft.
3,139
Sq. Ft.
$350
per Sq. Ft.

Description

Well situated just off of Lynn's Diamond District, this well maintained 5 unit would be a great addition to anyone's portfolio. Boasting a strong NOI, the property's seperate utilites help keep owner's costs down and profitability up. It's close proximity to major bus lines and the commuter rail make it a favorite spot for tenants....as does the beach only two blocks away. Fully occupied....the current rent roll is strong, but does leave room for minor rent increases as you turn units over. Email...Well situated just off of Lynn's Diamond District, this well maintained 5 unit would be a great addition to anyone's portfolio. Boasting a strong NOI, the property's seperate utilites help keep owner's costs down and profitability up. It's close proximity to major bus lines and the commuter rail make it a favorite spot for tenants....as does the beach only two blocks away. Fully occupied....the current rent roll is strong, but does leave room for minor rent increases as you turn units over. Email list agent for full Matterport tour of property. Group showings Sat Oct 5th 1030-1230 and Wed Oct 9th 530-630
  1. Listed by Paul B. Campano • Keller Williams Realty Boston Northwest

Property Details for 36 Sagamore Street

Town
Lynn
MLS Area
Diamond District
Area
MA-Lynn-Diamond District, MA-Lynn
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 10/10/2024 09:10 AM

Property Details for 36 Sagamore Street

StatusActive
MLS #73298232
Days on Market28
Taxes$7,824 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1890
CountyEssex County

Building Information for 36 Sagamore Street

Stories5Residences5Year Built1890Building Size-Lot Size0.11 AC / 4,748 SF

Property Information for 36 Sagamore Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Living Area: 3139.0
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • SpaYN: No
Exterior Features
  • Exterior Features: Fenced Yard
  • Fencing: Fenced
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:081 B:582 L:001,2002276
  • Assessments: $743,000
  • Book: 24508
  • Tax Year: 2024
  • Zoning: R5
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Other
  • Heat Units: 5
  • Heat Zones: 5
Income / Expenses
  • Electricity: $605.00
  • GOI: $109,404.00
  • Insurance: $5,000.00
  • GRE: $20,478
  • MSE: $1,025
  • RME: $2,614
  • NOI: $109,404.00
  • Operating Expense: $20,478.00
  • WSE: $5,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,117.00

Property History for 36 Sagamore Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 36 Sagamore Street

Taxable ValueLand$181,600Additions$561,400Total$743,000
Tax Record2024$7,824 ($652 / month)
Home Facts
Baths5Total Finished SqFt3,139 SqFtAbove Grade Finished SqFt3,139 SqFtUnfinished Basement SqFt1,656 SqFtStories2Lot Size4,748 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningR5CountyESSEXAPNLYNN M:081 B:582 L:001

Schools near 36 Sagamore Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Harrington Elementary School
PublicPK to 5

William R Fallon
Public1 to 5

Thurgood Marshall Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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36 Sagamore Street is a multi-family home for sale in Lynn, MA 01902. This property was listed for sale on October 3, 2024 by Keller Williams Realty Boston Northwest, it's currently listed at $1,100,000. It has been on the market for a total of 28 days and was last sold on July 1, 2005. This listing's school district is Lynn School District. Nearby schools include Harrington Elementary School, William R Fallon and Thurgood Marshall Middle School. 36 Sagamore Street is a 5-bed, 5-bath, 3,139 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Boston Northwest, Paul B. Campano

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.