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43 Highrock Street

Lynn, MA 01902
  • $1,900,000
  • STATUS: Active
  • MLS #: 73538789
UPDATED: 32 min ago
$1,900,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Listing courtesy of Eugene Clements of Clements Realty Group.

Description

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.

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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 2026-07-10T13:05:26.69.
www.c21revolution.com/homes/177947936
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43 Highrock Street Lynn, MA 01902

  • Price: $1,900,000
  • Status: Active
  • On Site: Days
  • Updated: 32 min ago
  • MLS #: 73538789
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1900
Built
County:
Essex
Property Description
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.
Exterior Features

Roof Rubber Waterfront YN No

Property Features

Association YN No Business Type 5+ Residential Gross Income 186360 Home Warranty YN No Net Operating Income 116791 Operating Expense 31904 Senior Community YN No Tax Annual Amount 15914 Tax Year 2025 Utilities Public WaterNatural Gas Available Zoning R2

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Eugene Clements of Clements Realty Group: 781-595-9600.


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 2026-07-10T13:05:26.69.
 
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CENTURY 21 Revolution
625 Massachusetts Ave, 2nd Floor
Cambridge MA, 02139
Listing courtesy of Eugene Clements of Clements Realty Group.