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163 Lincoln Ave Saugus. MA 01906

$1,499,995

Commercial Sale

0 Bedrooms

0 Bathrooms

0 sq ft

8 Parking Spots

Built in 1945

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.

This listing has been viewed 5 times in the past 206 days

Last Updated: May 6th, 2024 at 11:46pm

General Information for 163 Lincoln Ave, Saugus, Massachusetts 01906

Property TypeCommercial Sale

Price$1,499,995

MLS #73037658

List Date2022-09-15

Special Listing Conditions

StateMassachusetts

Street NameLincoln Ave

Unit

CitySaugus

Zip Code01906

CountyEssex

MLS Status

AssociationNo

Heat Zones

Sold Date

Building Area Total

Building Area Units0

Close Date17/02/2023

Close Price$1,400,000

Listing Service

UnparsedAddress163 Lincoln Ave, Saugus MA 01906

Zoning

Zoning DescriptionLegal Non-Conforming

Business Type

Interior Features for 163 Lincoln Ave, Saugus, Massachusetts 01906

* Approx. Living Area Total0 sq ft

MLS Area (Major)

OffMarketDate09/02/2023

Exterior Features for 163 Lincoln Ave, Saugus, Massachusetts 01906

* Parking Spaces8

* Year Built1945

Year Built Details

Year Built Source

Construction Materials

Approx. Street Frontage

Utilities

Disclosures for 163 Lincoln Ave, Saugus, Massachusetts 01906

Buyer Agent Compensation2

ContingencyPending P&S

Financing

Disclosures

Documents Available

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSURE

Lead PaintUnknown

Facilitator Compensation0

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 163 Lincoln Ave, Saugus, Massachusetts 01906

Association Fee$0

Association Fee Frequency

Associaton Fee Includes

AssociationNo

Assessed Value

Real Estate Tax$0

Tax Year

Existing Lease Type

OriginalListPrice$1,599,995

Lifestyle Information for 163 Lincoln Ave, Saugus, Massachusetts 01906

Association Amenities

Frontage Type

GarageYNNo

Location information for 163 Lincoln Ave, Saugus, Massachusetts 01906

Marketing History for 163 Lincoln Ave, Saugus, Massachusetts 01906

MLSPIN_MARKET_TIME_BROKER

MLSPIN_MARKET_TIME_PROPERTY

PurchaseContractDate2023-01-25

Agent Information for 163 Lincoln Ave, Saugus, Massachusetts 01906

Agent MLS IDNB111861

Office MLS IDAN5767

Buyer Agent MLS IDCT006921

Buyer Office MLS IDAC0925

Team Members

Exclusive Listing Agent

Candice Pagliarulo Hodgson

Lyv Realty

Agent Phone

(781) 572-5966

Office Phone

(978) 533-8000

Text Agent Call Agent Call Office

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        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 17/02/2023 19:33:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 163
        )

[field_3098] => Array
        (
            [field_id] => 3098
            [type] => text
            [name] => TransactionBrokerCompensation
            [value] => 0
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 106080
            [unit_id] => 260
            [value] => $106,080
            [price_only] => $106,080
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 978-533-8000
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 781-572-5966
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[field_3185] => Array
        (
            [field_id] => 3185
            [type] => text
            [name] => BuyerAgencyCompensation
            [value] => 2
        )

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 8
        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 148920
            [unit_id] => 260
            [value] => $148,920
            [price_only] => $148,920
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 15/09/2022
        )

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 8,146 Sqft
            [raw] => 8146
            [unit_id] => 1
        )

[field_3229] => Array
        (
            [field_id] => 3229
            [type] => date
            [name] => OffMarketDate
            [value] => 09/02/2023
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 28920
            [unit_id] => 260
            [value] => $28,920
            [price_only] => $28,920
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 1599995
            [unit_id] => 260
            [value] => $1,599,995
            [price_only] => $1,599,995
        )

[field_3237] => Array
        (
            [field_id] => 3237
            [type] => date
            [name] => PurchaseContractDate
            [value] => 25/01/2023
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 163 Lincoln Ave, Saugus MA 01906
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3246] => Array
        (
            [field_id] => 3246
            [type] => text
            [name] => ZoningDescription
            [value] => Legal Non-Conforming
        )

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 16/09/2022 15:12:00
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

)

EXIT

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