3-3A Nichols St, Lynn, MA, 01902 | $999,900

Great Investment or Owner occupied 4, 410 sq ft 3 family House in highly desirable Diamond District, just steps away from the Beach !!! All three large apartments have LR, formal DR, eat - in kitchen, three good sized bedrooms. Second and third floor apartments have very nice sunrooms. Hardwood flooring on every floor. Plenty of closets and storage spaces. Basement has connections for washer and dryer. All separate utilities. House improvements include : 2015 - Roof, 2023 - New front porch, 2022 - New Sewer pipe, 2015 - Asbestos removal, all three Water heaters are new. House has new insulation, a lot of newer windows. Apartments 2, 3 bathrooms where renovated in 2020. Apartment 3 kitchen was updated in 2020. Close proximity to commuter rail to North Station, restaurants & shops. Short distance to Logan Airport and Downtown Boston. First floor is vacant and needs TLC.

Features

  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Marina, Public School, T-Station, University
  • Rooms: 21
  • Bedrooms: 9
  • Baths: 3 full
  • Units: 3
  • Year Built: 1910
  • Heating: Natural Gas
  • Basement: Full
  • Approx Sq. Feet: 4,410
  • Acreage: 0.08
  • Est. Taxes: $10,219
  • Appliances: Range, Disposal, Refrigerator
  • MLS#: 73296533
  • Website: https://www.raveis.com
    /raveis/73296533/33anicholsst_lynn_ma?source=qrflyer
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.

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3-3A Nichols St, Lynn, MA, 01902

$999,900

Sima Rotenberg

Sales Associate

William Raveis Real Estate

Phone: 781.956.2279

Sima.Rotenberg@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $799,920 $799,920 $799,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $852 $852 $852
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,542 $4,990 $6,696
Total Monthly Payment $5,486 $5,934 $7,640

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.