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$ 1,600,000
Est. payment /mo
Active
28 Linwood Rd Lynn, MA 01905
12 Beds
10,000 SqFt
UPDATED:
02/12/2025 08:05 AM
Key Details
Property Type Multi-Family
Sub Type 3 Family - Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $160
MLS Listing ID 73325061
Bedrooms 12
Year Built 1900
Annual Tax Amount $15,274
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type 3 Family - Rooming House
Property Description
Spacious 10,000 square property, formerly a nursing home, offers a range of possibilities for a variety of redevelopment opportunities. Situated in a desirable area with R2 zoning, the property provides flexibility for residential, multi-family, or other mixed-use developments. Key features & recent improvements: 12 individual bedrooms, common areas, and multiple bathrooms, full sprinkler system, natural gas generator, redone in 2024, ensuring reliable backup power for the majority of the facility, elevator service & upgrade 2024, 2 yr old rubber roof on the addition & more. Zoning allows for a variety of uses, including residential, multi-family, and certain commercial endeavors. Ideal for redevelopment, assisted living facilities, medical offices, non profits or community-oriented businesses. Whether you are looking to repurpose the building for healthcare, housing, or other uses - there is tremendous potential.
Location
State MA
County Essex
Zoning R2
Direction Walnut to Linwood
Exterior
Roof Type Shingle,Rubber
Total Parking Spaces 6
Garage No
Building
Lot Description Easements
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by EXIT Premier Real Estate