Skip to main content
Save
Ask
Tour
Hide
Share
$5,200,000
402 Days Online

386 Summer St
Lynn, MA 01905

For Sale|Commercial Sale|Active
0
Beds
20
Full Baths
0
Partial Baths
3,600
SqFt
$1,444
/SqFt
1985
Built
County:
Essex

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (617) 755-4484
Is this the home for you? We can help make it yours.
(617) 755-4484
386 Summer St386 Summer St386 Summer St386 Summer St
Save
Ask
Tour
Hide
Share

This is your opportunity to own 20 approved condos, With 2 Bedrooms 1 Bath in every unit . Currently utilized as rental apartments. Several units have been updated, featuring modern kitchens, granite or Formica countertops, an array of flooring including hardwood, laminate, tile and carpet. Additionally, the convenience of in-unit laundry hook-ups, 20 parking spaces and so much more. With a substantial monthly rental roll of $30,000 and the potential for future rent adjustments, this offering presents an ideal opportunity for savvy investors seeking a high-quality asset poised for growth. Perfectly situated with easy access to the T Station and several bus lines, and in close proximity to many shops and malls, this property seamlessly combines convenience and quality, making it a compelling investment prospect. Please call for appt.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$5,200,000
Days Online 
402 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,600 sqft
Total Baths 
20
Full Baths 
20
Partial Baths 
N/A
Lot Size 
0.39 Acres
Year Built 
1985
MLS® Number 
73161244
Status 
Active
Property Tax 
$45,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 months agoStatus changed to Active
a year agoPrice changed to $5,200,000
a year agoListing first seen online
a year agoListing updated with changes from the MLS®
General Features
Acres 
0.39
Buyer Agent Compensation 
2
Parking Spaces 
20
Sewer 
Public Sewer
SqFt Total 
3600
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Legal Conforming
Save
Ask
Tour
Hide
Share
Exterior Features
Roof 
Shingle
Listing courtesy of Louise Touchette Team of Coldwell Banker Realty - Lynnfield



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.

Data Last Updated at 2024-10-26 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share