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Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.

Property Details of 44 Estes Street Portfolio

Property Details

Interior Features

Community

Nearest Landvest Office

Boston, MA - Newbury Street

Boston, MA - Newbury Street

617-723-1800
292 Newbury St.,
Boston, MA 02115
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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