10 Pinkham St Lynn — Photo 1 of 8
$599,900
Investment Analysis — 10 Pinkham St
Lynn, MA 01902
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 01902 carries an estimated $9,030/mo in gross rent — about a 12.76% cap rate and $76,530/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,185
Style
Multi Family
Built
1900
Attn Contractors, Builders, Investors - 3 unit property ready for renovations. 2 Unit with 3rd unit ADU approved in basement for total of 3 units, 3,185 finished sq.ft, Building Permit in hand and project is shovel-ready. Break ground tomorrow on the newest and nicest 3-fam in Lynn. ADU will be large 895 sq ft open-plan 2-bedroom. Upstairs 3-bed and 4-bed units, for a total of 3 units with 9 total bedrooms. New ADU laws do NOT require owner to occupy any of the units, so this building will live as a 3-family. Building is super solid and has excellent bones - no sloping anywhere. 6 off-street parking spaces and a large private backyard. Lovely, quiet, tree-lined side street makes for a great location. Come see your next project today.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: David Gradus
Listing Office: David Gradus
MLS® Number: 73582711
