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Price Reduction - Water Front - Eco Friendly
Address
9 Needham's Landing Road Lynn, MA
Price
$ 10,000,000
Property Attributes
  • MLS#72338955
  • TypeMulti-Family
  • CountyESSEX
  • CityLynn
  • Zip01905
  • Style5+ Family - 5+ Units Up/Down
  • Year Built2016
  • Taxes99
  • Price$ 10,000,000
  • Bedrooms55
  • Full Bathrooms42
  • Half Bathrooms0
  • Sqr Footage27840
  • Lot Size0.88 Acres
Listing Provided Courtesy Of:
Christopher Sower with Colliers International.
Property Description

Needham’s Landing is a 42-unit recently constructed luxury apartment community located on the Little River in Lynn, MA. The waterfront property is 100% market-rate and contains an ideal mix of studio, 1 bedroom, and 2 bedroom units. These luxury residences feature granite stainless steel appliances, hardwood floors, balconies, and central air. In addition, the property offers residents on-site parking at a 1:1 ratio, stone patio with grills, game room, and on-site storage units. An additional unit was permitted in the former storage building, which could bring additional income to the property. Needham’s Landing is well-positioned between two large employment bases, General Electric and the new Encore Boston Harbor Hotel and Casino (estimated to bring thousands of new jobs). The property is within walking distance of MBTA buses and the GE RiverWorks campus, as well as the MBTA Commuter Rail and Route 107.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/4/2018 Listed $12,000,000
6/19/2018 9% - $11,000,000
9/5/2018 10% - $10,000,000

General Features

Construction Material Frame
Energy Features Solar Features
Levels 2
Parking Features Rented, Common
Parking Spaces 42
Square Feet 27840.00
State Massachusetts
Unit 1 Rent 1350
Unit 2 Rent 1750

Interior Features

Bedrooms 55
Bedrooms (1) 1
Bedrooms (2) 1
Flooring Laminate
Full Baths 42
Hot Water Solar Water Heating
Total Number of Units 42

Exterior Features

Exterior Vinyl
Exterior Features Porch, Patio, City View(s)
Foundation Slab
House Color Grey
Lot Description Paved Drive, Scenic View(s), Other (See Remarks)
Roof Asphalt/Fiberglass Shingles
Waterfront River

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01905

Price
AVG $2.08M
$10M
Taxes
AVG $6,384
$99
Visits
AVG 70
396
Year Built
AVG 1924
2016
Walkscore
AVG 61
58

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