43 Highrock St, Lynn, MA 01902

Beds
18
Baths
6
Sqft
4,230

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Listed byClements Realty Group
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Overview

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. All units have Letters of Deleading Compliance, offering added value and peace of mind. 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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
5
Number of bedrooms
18
Number of bathrooms
6
Square feet
4,230
Lot size (acres)
0.10
Year built
1900

Interior features

Basement
Yes

Exterior features

Waterfront
Ocean, Beach Ownership - Public, 3/10 to 1/2 Mile To Beach
Horse amenities
Stable

Utilities

Heating
Steam
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$15,914

Public schools

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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73535795 Last checked:

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