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7-9 Holland Ave, Lynn MA 01905 – 12 bed 9 bath For Sale – 73315479

$ 1,900,000
7-9 Holland Ave, Lynn MA 01905,

Overview

  • Updated On:
  • March 17, 2025
  • listingid
  • 73315479
  • 12 Bedrooms
  • 9 Bathrooms
  • 0 Garage Spaces
  • 11 Non-Garage Parking Spaces
  • 1925

Description

7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

This property is listed by Dennis Kelleher from Horvath & Tremblay

Property Listing Details

Overview

MLS Status
Price $ 1,900,000
Living Area 8,493.00 ft2
Bedrooms 12
Total Rooms 30
Listing MLS ID 73315479
Days on Market 15
Bathrooms 9

Unit Information

Bedrooms 12
Full Bathrooms 9
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 11
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Unfinished
Patio And Porch Features
Parking Features Off Street
Waterview Features
Flooring

Building Information

Building Name
Units in Building 9
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built 1925
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Unfinished
Roof Rubber

Additional Details

Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,T-Station,University
Disclosures
Last Updated 2025-03-17T13:12:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number 1993569
Original List Price 1900000
Listing Office horvath & tremblay
Tax Annual Amount 18936
Tax Assessed Value 1980900
Tax Book Number 07284
Tax Year 2024
Year Built Details Approximate
Year Built Source Public Records
Zoning R4
Listing Agent dennis kelleher

Property Address

Address: 7-9 Holland Ave, Lynn MA 01905
City:
State/County:
Zip: 01905
Country: US

Payment Calculator

$ 10,886.50
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 9,113.17

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7-9 Holland Ave, Lynn MA 01905 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

7-9 Holland Ave, Lynn MA 01905 – 12 bed 9 bath For Sale – 73315479

$ 1,900,000

Status:

7-9 Holland Ave, Lynn MA 01905, , , 01905

Country: US

Property Overview

MLS #: 73315479

Type: /

Action:

Year Built: 1925 (Approximate, Source: Public Records, Effective: )

Living Area: 8,493.00 ft2 (Total: 8493 Square Feet, Source: Public Records)

Lot Size: 0.13 ft2 (Area: 0.13 Acres, SqFt: 5662)

Total Rooms: 30

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 12 (Main Level: )

Bathrooms: Total: 9 (Full: 9, Half: 0, Decimal: 9, Main Level: )

Basement: Unfinished

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: Other (Area: )

Roof: Rubber

Stories: 3 (3)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: Individually Metered (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 11

Parking Features: Off Street

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Other

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,T-Station,University

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: R4 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 9

Units Owner Occupied:

Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1900, Lease: Y

Unit 2: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1910, Lease: Y

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 18936 (Year: 2024)

Tax Assessed Value: 1980900

Tax Block/Lot/Book/Map: / / 07284 /

Parcel Number: 1993569

Special Licenses:

Current Financing:

Gross Income: 180780 (Scheduled: )

Net Operating Income: 111674

Operating Expense: 69106 (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: Yes

Tenant Pays:

Rent Includes: Unit 1(Water,Hot Water),Unit 2(Water,Hot Water)

Total Actual Rent: 15065

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Dennis Kelleher (MLS ID: CN212671) / Team: CN227795,CN212671

Listing Office: Horvath & Tremblay (MLS ID: AN2723)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2024-11-25

Expiration Date: 1900-01-01

Original List Price: 1900000

Price Per SqFt (List): 223.71

Market Time (Property): 15 (Broker: 15, Prev Broker: 0, Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: Please use GPS

Disclosures: , N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 080)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-03-26T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2024-12-10

Sold vs Rent:

System Information

Property ID: 1790872

Modification Timestamp: 2025-03-17T13:12:00.000Z

Bridge Modification Timestamp: 2025-03-17T13:17:22.409Z

Original Entry Timestamp: 2024-11-25T14:53:00.000Z

Status Change Timestamp: 2024-12-10T22:58:00.000Z

Off Market Date: 2024-12-10

Development Status:

Business Type:

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