374-378 Washington St

Lynn, MA 01901
Beds
46
Baths
8
Square Ft.
10,585
$3,100,000
376 Washington Street presents a rare opportunity to acquire a stabilized multifamily asset in the heart of Lynn. The property consists of 46 single room occupancy (SRO) units, supported by newer building systems that reduce near-term capital requirements while enhancing operational efficiency. This rare asset boasts a strong 10% capitalizationRead MoreRead Less
Courtesy of North Shore Realty Advisors, Dan Pouladian.
Listing Snapshot
Days Online
0
Last Updated
Property Type
5+ Family - Rooming House
Beds
46
Full Baths
4
Partial Baths
4
Square Ft.
10,585
Lot Size
0.07 Acres
Year Built
1912
MLS Number
73430774
30 Days Snapshot Of 01901
$390k
-2%
(avg) sold price
1
0%
home sold
81
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 10585, Building Area Units: Square Feet, Living Area: 10585, Stories Total: 4, Year Built Source: Public Records, Year Built: 1912
Expenses
Insurance Expense: $28,334
Foundation
Foundation Details: "Stone"
Income
Gross Income: 558192
Lot
Lot Size Acres: 0.07, Lot Size Area: 0.07, Lot Size Square Feet: 2879, Lot Size Units: Acres, Parcel Number: M:068 B:634 L:008,2003524
Parking
Parking Features: "Paved Drive", Parking Total: 0, Open Parking
Property
Property Sub Type: 5+ Family - Rooming House, Zoning: CBD
Roof
Roof: "Rubber"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 24415, Tax Year: 2025
Utilities
Water Source: "Public"
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Alexis Surpitski-MacIntyre
Broker-Owner, Realtor®, MA
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