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    2 Broadway

    Lynnfield, MA 01940
    • $31,000,000
    • STATUS: Active
    • MLS #: 72806491
    UPDATED: 28 min ago
    $31,000,000
    • 99
      BEDS
    • 5.14
      ACRES
    • 99
      BATHS
    • 99
      1/2 BATHS
    • 73,864
      SQFT
    • $420
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Christopher Sower of Colliers International.

    Description

    Michaels Landing, a newly constructed, 68-unit apartment community in the highly desirable Lynnfield, MA Located at 2 Broadway, the property boasts an attractive mix of one and two-bedroom units, featuring tall ceilings, oversized windows, quartz countertops, wood plank flooring and designer upgrades throughout Lynnfield is a friendly suburban community located approximately 17 miles north of Boston Easily accessible by some of the areas major throughfares, the Property is situated directly off Route 1 South and is less than 1 miles from I-95, providing seamless transit to employment centers throughout the region Michaels Landing is available on an un-priced basis Additional due diligence materials are available for qualified buyers.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-11T18:06:48.837.
    www.trustrealtyone.com/homes/115632613
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    2 Broadway Lynnfield, MA 01940

    • Price: $31,000,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 72806491
    99
    Beds
    99
    Baths
    99
    ½ Baths
    5.14
    Acres
    73,864
    SQFT
    $420
    $/SQFT
    2020
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Michaels Landing, a newly constructed, 68-unit apartment community in the highly desirable Lynnfield, MA Located at 2 Broadway, the property boasts an attractive mix of one and two-bedroom units, featuring tall ceilings, oversized windows, quartz countertops, wood plank flooring and designer upgrades throughout Lynnfield is a friendly suburban community located approximately 17 miles north of Boston Easily accessible by some of the areas major throughfares, the Property is situated directly off Route 1 South and is less than 1 miles from I-95, providing seamless transit to employment centers throughout the region Michaels Landing is available on an un-priced basis Additional due diligence materials are available for qualified buyers.
    Exterior Features

    Beachfront No Construction Frame Exterior Eifs Exterior Features Porch - EnclosedDeckBalconyHandicap AccessStorage ShedSprinkler System Foundation Poured ConcreteSlab Lot Description Wooded Parking Features Off-StreetRentedAssigned Parking Spaces 99 Roof Material Rubber Waterfront Flag No

    Interior Features

    Basement Yes Bedrooms Unit1 1 Bedrooms Unit2 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 1 Floors Unit2 2 Full Baths Unit1 1 Full Baths Unit2 2 Half Baths Unit1 0 Half Baths Unit2 0 Levels 4 Levels Unit1 1 Levels Unit2 1 Rooms 7 Rooms Description Unit1 Living RoomDining RoomKitchenLaundry Rooms Unit1 3 Rooms Unit2 4

    Property Features

    Amenities Public TransportationShoppingParkWalk/Jog TrailsBike PathConservation AreaHighway AccessPublic School Apod Available No Assessments 14572800.00 Disclosure Yes Expenses Source Pro. Forma Available Gross Operating Income 2150163 Lead Paint None Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 5+ Family - 5+ Units Side By Side Net Operating Income 1631195 Rent Unit1 2259 Rent Unit2 2965 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Measured Tax Year 2021 Taxes 193381.00 Water Individual Meter Year Built Description Actual Year Built Source Owner Year Round Yes Zoning N/A

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Christopher Sower of Colliers International.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-11T18:06:48.837.
     
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    Listing courtesy of Christopher Sower of Colliers International.