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34061915
34139013

43 HIGH ROCK ST, LYNN, MA 01902

DP
MA MA 423847
North Shore Realty Advisors
Listed by North Shore Realty Advisors
$1,900,000
1 day on market
Updated 1 day ago

43 HIGH ROCK ST LYNN MA 01902

Details
APN LYNN M:069 B:665 L:012
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,168
Net Rentable (SqFt) 6,807
Units 6
Cap Rate 7.15%
NOI $135,940
Year Built 1900
Buildings 1
Stories 3
Lot Size (SqFt) 4,230
Zoning R2

6 UNIT MULTI-FAMILY | GREAT INCOME PRODUCING PROPERTY IN LYNN, MA

Marketing description

Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong, established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

Investment highlights

Current Management is willing to stay on with new ownership

Listing Contacts

DP
MA MA 423847
North Shore Realty Advisors
Listed by North Shore Realty Advisors

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$135,940.00
$11,328.33/mo

Valuation Metrics

0
DSCR
7.15%
Cap Rate
7.15%
ROI

Map

Zoning

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R2 ResidentialTwo FamilyGeneral Residence
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Last updated Jun 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Eugene Clements
License
C8000525
Brokerage
Clements Realty Group
Title
Broker of Record
Name
Dan Pouladian
License
MA 423847
Brokerage
North Shore Realty Advisors, In.
Brokerage Phone
6175487737
Brokerage Address
23 Ida Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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