The NAI Hunneman Capital Markets Team has been exclusively retained to sell 14 and 18 Holland Avenue in Lynn, MA. This offering represents a great opportunity for investors to purchase twelve apartment units in two side by side buildings. The apartments are all two-bedroom / one-bath units. The buildings are 100% occupied
and below market rents provide upside potential. The tenants pay heat, hot water, and electricity. The
landlord' s only utility cost is municipal water/sewer. The offering includes a parking lot with off-street parking for
approximately fourteen vehicles. 14 and 18 Holland Avenue are available, free of debt, with an asking price of
$1,500,000.
LOCATION: The buildings are well-located on a side street
located off of Western Avenue (Route 107). Western Avenue connects directly to Route 60 in Revere with access west towards the Northgate shopping center and Route 1. Staying south on Route 60 will connect you to Route 1A with direct access to Boston, Logan Airport, and the Mass Pike. The area surrounding the properties includes a Walgreens, a Dunkin Donuts, and an elementary school.
