Multi-Family for Sale: 340 Parkland Ave, Lynn, MA 01905 SOLD

17 beds
12 full baths
8,280 sqft
$2,600,000
$2,600,000
340 Parkland Ave, Lynn, MA 01905 SOLD
17 beds
12 full baths
8,280 sqft
$2,600,000
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Selling Price: $2,600,000
Original List Price: $2,500,000
Sold at 104.0% of list price
Sold Date: 10/16/2024

Type Multi-Family
Beds 17
Total Baths 12 full baths
Square Feet 8,280 sqft
Lot Size 0.21 acres
Year Built 1968

City Lynn
County Essex

MLS 73272572
Status Closed
DOM 76 days
340 Parkland Ave contains 12 units comprised of (7) 1-Bedroom/1-Bathroom units and (5) 2-Bedroom/1-Bathroom units. The Property features an on-site laundry facility and parking for 12 vehicles. In-place leases are significantly below market rates; the opportunity exists to drive rental rates in an urban-infill, high demand/supply-constrained residential market. 340 Parkland Avenue is well-located in a densely populated residential neighborhood 1.75-miles northwest of Downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities along Boston Street and Western Avenue. Additionally, The Property is 2-miles from the Central Square commuter rail station with services to Boston’s North Station, and 12 miles from Downtown Boston.

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $21,767
Water Public
Foundation Concrete Perimeter
Roof Shingle
Full Baths 12
Parking Assigned, Off Street
Total Rooms 41
Basement Feature Unfinished
Garage Spaces 0

Price History of 340 Parkland Ave

Date Name Price Difference
08/01/2024 Listing Price $2,600,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 340 Parkland Ave, Lynn, MA

Location Map Street View
Photo of Paula Filias
Paula Filias
Realtor
Direct: 978-479-0157
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Horvath & Tremblay, Dennis Kelleher
Sold by Horvath & Tremblay, Stephen Girolamo
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20%
1%
6.75%
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Principal & Interest
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Monthly HOA
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MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Horvath & Tremblay

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