Established cash flow
Strong existing rent roll and a published 7% going in capitalization rate.
Exclusive multifamily opportunity · Lynn, Massachusetts
43 High Rock Street
43 High Rock Street · Lynn, MA 01902
$1.70MAsking price
6Apartment units
7%Going in cap rate
9,168Building square feet
3Stories
Investment overview
Stable income with recent capital improvements.
43 High Rock Street presents an opportunity to acquire a well maintained six unit apartment building featuring spacious three bedroom residences, an established rent roll and an attractive going in yield.
Three units have undergone extensive recent renovations, including new bathrooms, refinished hardwood floors, fresh paint and additional updates. The property has been professionally maintained, and the heating system is approximately three years old.
The combination of a desirable unit mix, strong tenant demand and recent improvements positions the asset for stable current income with long term rental growth potential.
Investment highlights
A turnkey Lynn multifamily opportunity.
Recent unit renovations
Three residences received extensive improvements, supporting tenant appeal and future growth.
High demand unit mix
Six spacious three bedroom apartments provide a differentiated offering in the local market.
Continuity available
Current management is willing to remain in place for the new ownership group.
Property gallery
Explore 43 High Rock Street.
Location
In the heart of Lynn.
Positioned in an established North Shore rental market with access to downtown Lynn, regional employment centers and Greater Boston.
Open in Google MapsExclusive listing advisor
Request the offering memorandum.
For financial details, showing availability or an introduction to the opportunity, contact Dan Pouladian directly.
