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Pending

7-9 Holland Ave Lynn. MA 01905

$1,900,000

Multi Family

12 Bedrooms

9 Bathrooms

8,493 sq ft

11 Parking Spots

0.13 Acres

Built in 1925

7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

This listing has been viewed 39 times in the past 31 days

Last Updated: December 11th, 2024 at 8:18am

Walk/jog Trails

Highway Access

House Of Worship

Public School

Shopping

Park

Medical Facility

Laundromat

Public Transportation

T-station

Pool

Tennis Court(s)

Private School

University

General Information for 7-9 Holland Ave, Lynn, Massachusetts 01905

Property TypeResidential Income

Property Sub TypeMulti Family

Price$1,900,000

Price per sqft$223.71

MLS #73315479

Handicap Access / FeaturesNo

List Date2024-11-25

Special Listing Conditions

StateMassachusetts

Street NameHolland Ave

CityLynn

Zip Code01905

CountyEssex

MLS Status

Covered Parking Spaces0

Heating Y/NNo

Heating System

Heat Zones

Sold Date18/02/2025

Property Sub TypeMulti Family

Building Area SourcePublic Records

Building Area Total8493

Building Area Units0

CarportNo

Close Date

Close Price$0

Covered Parking Spaces0

Listing Service

UnparsedAddress7-9 Holland Ave, Lynn MA 01905

Zoning

Interior Features for 7-9 Holland Ave, Lynn, Massachusetts 01905

* Approx. Living Area Total8,493 sq ft

Living Area Includes BasementNo

Bedrooms12

* # Fireplaces0

Bathrooms (Total)9

Full Baths9

* # Half Baths0

* # Rooms

Basement

Heating System

Appliances

Electric

Living Area Disclosure

Living Area Includes BasementNo

Door Features

ElectricYes

Electric$0

MLS Area (Major)

MLSPIN_BEDRMS_11

MLSPIN_BEDRMS_21

MLSPIN_BEDRMS_3

MLSPIN_BEDRMS_4

MLSPIN_FLRS_1

MLSPIN_FLRS_2

MLSPIN_FLRS_3

MLSPIN_FLRS_4

MLSPIN_F_BTHS_11

MLSPIN_F_BTHS_21

MLSPIN_F_BTHS_3

MLSPIN_F_BTHS_4

MLSPIN_GRE$69,106

MLSPIN_HTE$0

MLSPIN_H_BTHS_10

MLSPIN_H_BTHS_20

MLSPIN_H_BTHS_3

MLSPIN_H_BTHS_4

OffMarketDate10/12/2024

Exterior Features for 7-9 Holland Ave, Lynn, Massachusetts 01905

* Approximate Lot Size0.13 acres

Covered Parking Spaces0

Lot FeaturesOther

* Parking Spaces11

* Sewer Utilities

* Water Utilities

* Year Built1925

Year Built Details

Year Built SourcePublic Records

Construction Materials

Exterior Features

Foundation Area

Foundation MaterialsOther

Approx. Street Frontage

Horse PermittedNo

Horse Amenities

Parking Features

Utilities

Lot Size (Square Feet)5,662 Sqft

Disclosures for 7-9 Holland Ave, Lynn, Massachusetts 01905

Buyer Agent Compensation2

Contingency

Financing

Disclosures

Documents Available

Exclusions

MLSPIN_COMP_BASED_ONNet Sale Price

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintUnknown

Living Area Disclosure

Living Area Includes BasementNo

Facilitator Compensation

TransactionBrokerCompensationType

BuyerAgencyCompensationType%

Financial Information for 7-9 Holland Ave, Lynn, Massachusetts 01905

Assessed Value

Real Estate Tax$0

Tax Year

Financial Data Source

Gross Income$180,780

Insurance Expense$0

MLSPIN_LEASE_1

MLSPIN_LEASE_2

MLSPIN_LEASE_3

MLSPIN_LEASE_4

MLSPIN_LEVELS_11

MLSPIN_LEVELS_21

MLSPIN_LEVELS_3

MLSPIN_LEVELS_4

MLSPIN_MGF$0

MLSPIN_MSE$0

MLSPIN_RENT11900

MLSPIN_RENT21910

MLSPIN_RENT3

MLSPIN_RENT4

MLSPIN_RFS$0

MLSPIN_RME$0

MLSPIN_SOLD_PRICE_PER_SQFT$0

NetOperatingIncome$111,674

OperatingExpense$69,106

OriginalListPrice$1,900,000

RENT_FEE_INCLUDESHot Water), Unit 1(water, Unit 2(water

TOTAL_RENT15065

WaterSewerExpense$0

Lifestyle Information for 7-9 Holland Ave, Lynn, Massachusetts 01905

FireplaceYNNo

Frontage Type

GarageYNNo

Waterview

Pool Features

Waterfront Features

Location information for 7-9 Holland Ave, Lynn, Massachusetts 01905

Elementary School

Middle School

High School

NumberOfUnitsTotal9

Marketing History for 7-9 Holland Ave, Lynn, Massachusetts 01905

MLSPIN_MARKET_TIME_BROKER15

MLSPIN_MARKET_TIME_PROPERTY15

PurchaseContractDate2024-12-10

Agent Information for 7-9 Holland Ave, Lynn, Massachusetts 01905

Agent MLS IDCN212671

Office MLS IDAN2723

Buyer Agent MLS ID

Buyer Office MLS ID

Team MembersCN227795,CN212671

Payment Calculator

, Interest

Property Taxes $0

Principal & Interest 11707.2

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Dennis Kelleher

Horvath & Tremblay

Agent Phone

(781) 776-4002

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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            [value] => Multi Family
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Multi Family
        )

[field_3300] => Array
        (
            [field_id] => 3300
            [type] => select
            [name] => C_Style
            [value] => 5+ Family
        )

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
            [value] => 0
        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W71° 1' 53'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 27' 39.7'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => Horvath & Tremblay
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => CN212671
        )

[field_3043] => Array
        (
            [field_id] => 3043
            [type] => date
            [name] => ANT_SOLD_DATE
            [value] => 18/02/2025
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3058] => Array
        (
            [field_id] => 3058
            [type] => select
            [name] => COMP_BASED_ON
            [value] => Net Sale Price
        )

[field_3069] => Array
        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 223.71
            [unit_id] => 260
            [value] => $224
            [price_only] => $224
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 15
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 10/12/2024 22:58:00
        )

[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] => 7
        )

[field_3097] => Array
        (
            [field_id] => 3097
            [type] => text
            [name] => TEAM_MEMBER
            [value] => CN227795,CN212671
        )

[field_3105] => Array
        (
            [field_id] => 3105
            [type] => select
            [name] => APOD_AVAILABLE
            [value] => Yes
        )

[field_3109] => Array
        (
            [field_id] => 3109
            [type] => number
            [name] => FIRE_PLACES
            [value] => 0
        )

[field_3113] => Array
        (
            [field_id] => 3113
            [type] => select
            [name] => LEASE_1
            [value] => Y
        )

[field_3114] => Array
        (
            [field_id] => 3114
            [type] => select
            [name] => LEASE_2
            [value] => Y
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 111674
            [unit_id] => 260
            [value] => $111,674
            [price_only] => $111,674
        )

[field_3119] => Array
        (
            [field_id] => 3119
            [type] => number
            [name] => RENT1
            [value] => 1900
        )

[field_3120] => Array
        (
            [field_id] => 3120
            [type] => number
            [name] => NO_UNITS
            [value] => 9
        )

[field_3121] => Array
        (
            [field_id] => 3121
            [type] => number
            [name] => RENT2
            [value] => 1910
        )

[f_3125] => Array
        (
            [field_id] => 3125
            [type] => feature
            [name] => ROAD_TYPE
            [values] => Array
                (
                    [0] => Public
                )

)

[field_3126] => Array
        (
            [field_id] => 3126
            [type] => number
            [name] => TOTAL_RENT
            [value] => 15065
        )

[field_3134] => Array
        (
            [field_id] => 3134
            [type] => select
            [name] => SQUARE_FEET_INCL_BASE
            [value] => No
        )

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

[f_3166] => Array
        (
            [field_id] => 3166
            [type] => feature
            [name] => RENT_FEE_INCLUDES
            [values] => Array
                (
                    [0] => Hot Water)
                    [1] => Unit 1(water
                    [2] => Unit 2(water
                )

)

[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] => 781-776-4000
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 781-776-4002
        )

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

[field_3182] => Array
        (
            [field_id] => 3182
            [type] => select
            [name] => BuildingAreaSource
            [value] => Public Records
        )

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 8493
        )

[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_3186] => Array
        (
            [field_id] => 3186
            [type] => select
            [name] => BuyerAgencyCompensationType
            [value] => %
        )

[f_3188] => Array
        (
            [field_id] => 3188
            [type] => feature
            [name] => CommunityFeatures
            [values] => Array
                (
                    [0] => Walk/jog Trails
                    [1] => Highway Access
                    [2] => House Of Worship
                    [3] => Public School
                    [4] => Shopping
                    [5] => Park
                    [6] => Medical Facility
                    [7] => Laundromat
                    [8] => Public Transportation
                    [9] => T-station
                    [10] => Pool
                    [11] => Tennis Court(s)
                    [12] => Private School
                    [13] => University
                )

)

[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] => 11
        )

[field_3193] => Array
        (
            [field_id] => 3193
            [type] => number
            [name] => CoveredSpaces
            [value] => 0
        )

[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_3209] => Array
        (
            [field_id] => 3209
            [type] => text
            [name] => FoundationDetails
            [value] => Other
        )

[field_3211] => Array
        (
            [field_id] => 3211
            [type] => number
            [name] => GarageSpaces
            [value] => 0
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 180780
            [unit_id] => 260
            [value] => $180,780
            [price_only] => $180,780
        )

[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] => 25/11/2024
        )

[f_3225] => Array
        (
            [field_id] => 3225
            [type] => feature
            [name] => LotFeatures
            [values] => Array
                (
                    [0] => Other
                )

)

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 5,662 Sqft
            [raw] => 5662
            [unit_id] => 1
        )

[field_3229] => Array
        (
            [field_id] => 3229
            [type] => date
            [name] => OffMarketDate
            [value] => 10/12/2024
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 69106
            [unit_id] => 260
            [value] => $69,106
            [price_only] => $69,106
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 1900000
            [unit_id] => 260
            [value] => $1,900,000
            [price_only] => $1,900,000
        )

[field_3237] => Array
        (
            [field_id] => 3237
            [type] => date
            [name] => PurchaseContractDate
            [value] => 10/12/2024
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 7-9 Holland Ave, Lynn MA 01905
        )

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

[field_3243] => Array
        (
            [field_id] => 3243
            [type] => text
            [name] => YearBuiltDetails
            [value] => Approximate
        )

[field_3245] => Array
        (
            [field_id] => 3245
            [type] => text
            [name] => YearBuiltSource
            [value] => Public Records
        )

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 25/11/2024 14:53:00
        )

[field_3253] => Array
        (
            [field_id] => 3253
            [type] => number
            [name] => MLSPIN_BEDRMS_1
            [value] => 1
        )

[field_3254] => Array
        (
            [field_id] => 3254
            [type] => number
            [name] => MLSPIN_BEDRMS_2
            [value] => 1
        )

[field_3260] => Array
        (
            [field_id] => 3260
            [type] => text
            [name] => MLSPIN_DISCLOSURE
            [value] => N
        )

[field_3261] => Array
        (
            [field_id] => 3261
            [type] => number
            [name] => MLSPIN_F_BTHS_1
            [value] => 1
        )

[field_3262] => Array
        (
            [field_id] => 3262
            [type] => number
            [name] => MLSPIN_F_BTHS_2
            [value] => 1
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 69106
            [unit_id] => 260
            [value] => $69,106
            [price_only] => $69,106
        )

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

[field_3267] => Array
        (
            [field_id] => 3267
            [type] => number
            [name] => MLSPIN_H_BTHS_1
            [value] => 0
        )

[field_3268] => Array
        (
            [field_id] => 3268
            [type] => number
            [name] => MLSPIN_H_BTHS_2
            [value] => 0
        )

[field_3272] => Array
        (
            [field_id] => 3272
            [type] => text
            [name] => MLSPIN_LEAD_PAINT
            [value] => Unknown
        )

[field_3273] => Array
        (
            [field_id] => 3273
            [type] => number
            [name] => MLSPIN_LEVELS_1
            [value] => 1
        )

[field_3274] => Array
        (
            [field_id] => 3274
            [type] => number
            [name] => MLSPIN_LEVELS_2
            [value] => 1
        )

[field_3277] => Array
        (
            [field_id] => 3277
            [type] => text
            [name] => MLSPIN_MAIN_LO
            [value] => AN2723
        )

[field_3280] => Array
        (
            [field_id] => 3280
            [type] => number
            [name] => MLSPIN_MARKET_TIME_PROPERTY
            [value] => 15
        )

[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] => 223.71
            [unit_id] => 260
            [value] => $224
            [price_only] => $224
        )

[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_3303] => Array
        (
            [field_id] => 3303
            [type] => text
            [name] => Co Agent Info
            [value] => [{"id":"CN227795","name":"Stephen  Girolamo","phon
        )

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

[field_3307] => Array
        (
            [field_id] => 3307
            [type] => number
            [name] => MLSPIN_FLRS_1
            [value] => 1
        )

[field_3308] => Array
        (
            [field_id] => 3308
            [type] => number
            [name] => MLSPIN_FLRS_2
            [value] => 1
        )

[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 11
        )

)

EXIT

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7-9 Holland Ave Lynn. MA 01905

$1,900,000

General Information for 7-9 Holland Ave, Lynn, Massachusetts 01905

Interior Features for 7-9 Holland Ave, Lynn, Massachusetts 01905

Exterior Features for 7-9 Holland Ave, Lynn, Massachusetts 01905

Disclosures for 7-9 Holland Ave, Lynn, Massachusetts 01905

Financial Information for 7-9 Holland Ave, Lynn, Massachusetts 01905

Lifestyle Information for 7-9 Holland Ave, Lynn, Massachusetts 01905

Location information for 7-9 Holland Ave, Lynn, Massachusetts 01905

Marketing History for 7-9 Holland Ave, Lynn, Massachusetts 01905

Agent Information for 7-9 Holland Ave, Lynn, Massachusetts 01905

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Exclusive Listing Agent

Dennis Kelleher

Horvath & Tremblay