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1-25 Munroe St
$3,800,000

1-25 Munroe St

10 Beds 10 Baths

Description

Rarely available downtown parcel in Lynn's CBD district. 12,599 sqft assemblage on the corner of Munroe Street and Market Street. Two buildings and parking lot available for sale. 1 Munroe Street features 1 retail unit and 6 gutted renovated units (2019) over 8215 sqft. High ceilings, new systems, electric service, plumbing, sprinkler, etc. Laundry rooms on each floor. Long term retail tenant. 21 Munroe Street features 5 newly vacated commercial units over 10,773 sqft. All residential units in 1 Munroe Street on leases through 8/31/2024. Lots of development options. Build 10 stories by right or keep as-is.

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Location

1-25 Munroe Street, Lynn, MA 01901

Status

Sold
Guy Contaldi

Guy Contaldi

TITLE

REALTOR®

Property Amenities

Interior
Total Bedrooms: 10
Half Bathrooms: 4
Full Bathrooms: 6
Area & Lot
Lot Area 12,599 Sq.Ft.
MLS® ID 73116878
Year Built 2023
Type Multi-Family
Status Sold
Finance
Sales Price $3,800,000

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