Acres0.19
Year1945
Status:
Sold
Property Type:Commercial Sale
MLS #:73037658
Date Sold:2/17/2023
Lot Size:0.19 Acres
County:Essex
AMAZING NEW PRICE for this low Maintenance MIXED USE - 8 UNIT commercial property in Saugus! Comprised of 5 Commercial storefront retail units and 3 Residential unit's all occupied and updated with in-unit laundry. The residential units are made up of two (2) two bedrooms & one (1) three-bedroom units with fantastic rental history and are all DE-LEADED! All utilities are separated by unit, including separately metered water. In the rare of the property there are 8 off-street parking spaces with the possibility of adding more. This property is located along multiple bus routes and is turnkey and ready for the next investor to park some money and enjoy great returns on their investment for many years to come! Easy to show, Income & expense breakdown available upon request.
Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 10/9/2022 | $1,599,995 | $1,549,995 | -3.1% |
| 11/24/2022 | $1,549,995 | $1,499,995 | -3.2% |
| 2/17/2023 | $1,499,995 | $1,400,000 | -6.7% |
Community Information
Address:163 Lincoln Ave, Saugus, MA 01906
County:Essex
City:Saugus
Zip Code:01906
Property Features
Lot Size:
0.19 Acres
Utilities: Public Water, Public Sewer, Natural Gas Available
Zoning:NA
Tax and Financial Info
Tax Year: 2022
Tax Annual Amount: $10,178.47
Contingency: Pending P&S
Gross Income: $148,920
Net Operating Income: $106,080
Operating Expense: $28,920
Buyer Agency Compensation: 2
Buyer Agent Compensation: 2
Disclosures: Annual Income and NOI based on rent increases agreed to by lease effective 3/23
Listing Agent/Office
Listing provided courtesy of Candice Pagliarulo Hodgson, Lyv Realty.
Schools
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Listing Information Last Updated 6/9/2023
