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SOLD 1/20/2016

35 Orchard St, Lynn, MA 01905

9
beds
4.5
baths
3908
ft2
· 3680
ft2 lot

$490,000

$125 / ft2

Listing provided courtesy of Listing Broker: Raymond Stockwell, Weichert, REALTORS® - Metropolitan Boston Real Estate
Source MLS PIN;
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Wonderful opportunity to own the best three family currently on the market in Lynn..Totally renovated and insulated 7 years ago due to fire, loving maintained by owner occupants. Siding, roof, heat sources, insulation, electrical lines, plumbing and water heaters all 7 years old. Why spend time and money on renovations when you can be collecting top dollar rents day one? Top two floors leased till end of May. Owner will lease first floor till finds suitable housing. Includes three tandem parking spaces. First and second floors almost identical with hardwood floors, third floor a little smaller, with laminate. Ideal home for a in-kind purchase or an investor looking for a low maintenance property. About 1/2 hour commute to North Station in Boston on Commuter Rail. Savvy investors know that the best homes get the highest rents.

HOA

$—/month

On market

21 days

Year built

1890

Property type

3 Family

Parking

3

MLS

71936694

Price / Sq.Ft.

$125 / ft2

Status

Sold

Home details for 35 Orchard St

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen
•   
Total Levels: 3, 6, 3
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 3, 1
•   
Total Rooms Unit 1: 5
•   
Total Rooms Unit 2: 5
•   
Total Rooms Unit 3: 5
•   
Total Rooms: 15, 12, 15
Interior Features
•   
Electric Details: 220 Volts, Circuit Breakers
•   
Utility Description: Water, Water, Water
•   
Energy Details: Insulated Windows, Insulated Doors, Storm Doors
•   
Interior Features: Ceiling Fans, Cable TV Available, Lead Certification Available, Hardwood Floors, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Ceiling Fans, Lead Certification Available, Hardwood Floors, High Speed Internet Hookup, Remodeled, Ceiling Fans, Lead Certification Available, Remodeled
Heating & Cooling
•   
Cooling Zones: 1
•   
Heating Units: 3
•   
Heating Description Unit 1: Forced Air, Gas
•   
Cooling Units: 1
•   
Cooling Descr 1: Central Air
•   
Heating Zones: 3
•   
Heating Description Unit2: Hot Water Radiators, Gas
•   
Heating Description Unit3: Hot Water Radiators, Gas
Appliances
•   
Hot Water: Natural Gas
•   
Unit 3 Appliances: Range, Refrigerator
•   
Unit 2 Appliances: Range, Dishwasher, Refrigerator
•   
Unit 1 Appliances: Range, Dishwasher, Refrigerator
Bedrooms Info
•   
Total Beds: 9
•   
Unit 3 Beds: 3
•   
Unit 2 Beds: 3
•   
Unit 1 Beds: 3
Bathrooms Info
•   
Full Baths: 3, 3
•   
Half Baths: 3, 3
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
•   
Unit 3 Half Baths: 1
•   
Unit 2 Half Baths: 1
•   
Unit 1 Half Baths: 1
Flooring
•   
Flooring: Wood
Property, Lot, Community & Exterior Features
Property Features
•   
Beach Description: Ocean
•   
Beachfront
•   
Beach Ownership: Public
Community Info
•   
Total Units In Complex: 3
Exterior Features
•   
Color: Green
•   
Building Exterior Details: Vinyl, Porch
Property Type
•   
Property Type: 3 Family
•   
Mls Prop Type: 3 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Conservation Area, House of Worship, Public School, T-Station
Lot Info
•   
Zoning: R4
•   
Lot Description: Corner, Paved Drive, Easements, Level
•   
Acres: 0.08
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Actual
•   
Water/Sewer Built: 1600
•   
Lead Paint: Certified Treated
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Concrete Floor
Parking Info
•   
Parking Descriptions: Off-Street, Paved Driveway
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Utilities
•   
Utilities: for Gas Range, for Gas Oven, Washer Hookup
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 1200
•   
Fin Code: Conv. Fixed
•   
Finances Source: Tax Return
•   
Apod Available
•   
Operating Expense: 12/14
Listing Info
•   
Offline Listing Number: 2201699
•   
Oh Flag: 1
•   
Status: Sold
Lease Info
•   
Gross Revenue: 6900
•   
Gross Income: 55200
•   
Net Operating Income: 55200
•   
Rme: 1500
•   
Monthly Rent Unit 1: 1600
•   
Monthly Rent Unit 2: 1600
•   
Monthly Rent Unit 3: 1400
•   
Lease 1
•   
Lease 2
•   
Lease 3
•   
Total Rent: 4600
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 391600.00
•   
Taxes: 6559.00
•   
Apn: M:036 B:781 L:019
Listing Details
•   
Dislcosures
Listing Contacts
•   
Selling Agent: B8000256
Terms
•   
Terms Feature: Lease Back
School Neighborhood & Directions
Location
•   
Street Number: 35
•   
Map Book: 22797
•   
Beach Distance: 1/2 to 1 Mile
•   
Map Page: 504
•   
Directions: Summer St. to Orchard St
•   
Road Type: Public
•   
Zip Code +4: 2821
Other
Other
•   
Main So: AC1857
Calculation
•   
Price Per Sqft: 125.38
•   
List Price Per Sqft: 147.13
•   
Sold Price Per Sqft: 125.38
•   
Cdom Property: 21
•   
Cdom Broker: 21
•   
Cdom: 21

Neighborhood snapshot

33
Properties for sale
18
Median days on market
$324.73
Median sold price/sqft
105.34%
Sold/List %
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Property History for 35 Orchard St

01/20/2016
01/20/2016
Public Record
sold
Public Record
$490,000
+12.64%
05/05/2004
05/05/2004
Public Record
sold
Public Record
$435,000
+50.00%
08/18/1989
08/18/1989
Public Record
sold
Public Record
$290,000

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