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$12,900,000
60 Days Online

9 Needhams Landing
Lynn, MA 01905

For Sale|Multi-Family|Active
County:
Essex

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

9 Needhams Landing9 Needhams Landing9 Needhams Landing9 Needhams Landing
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One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.

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Listing Snapshot
Price 
$12,900,000
Days Online 
60 Days
Bedrooms 
52
Inside Area (SqFt) 
27,840 sqft
Total Baths 
42
Full Baths 
42
Partial Baths 
N/A
Lot Size 
0.88 Acres
Year Built 
2015
MLS Number 
73168127
Status 
Active
Property Tax 
$127,195
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Construction 
Frame
Parking 
Paved DriveOff Street
Parking Spaces 
84
Sewer 
Public Sewer
Number of Stories 
4
Acreage 
0.88
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
0
Foundation 
Concrete Perimeter
Zoning 
R4
Buyer Agent Compensation 
.0075
Facilitator Compensation 
.0075
Compensation Based On 
Net Sale Price
Sub-Agency Relationship Offered 
No
Garage 
0
Parking Features 
Paved DriveOff Street
Interior Features
Flooring 
Bamboo
Fireplaces 
0
Fireplace 
No
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Exterior Features
Roof 
Shingle
View 
Scenic View(s)
Spa 
No
Waterfront Property 
Yes
Waterfront Features 
WaterfrontBeach FrontRiverOcean1 to 2 Mile To Beach
Lot 
Level
Lot Features 
Level
Waterview Features 
WaterfrontBeach FrontRiverOcean1 to 2 Mile To Beach
Community Features
Senior Community 
No
Adult Care Community 
No
Listing courtesy of AJ Pappas of eXp Realty



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2023-12-09 02:45 AM UTC

Neighborhood & Commute
Source: Walkscore
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