Duplex with Two-Car
112 Bellevue Rd, Lynn, MA 01904
For Sale
$799,900
Two separate residences offer matching room layouts, gas-cooking kitchens, and independent living space.
Property Size2,584 SF
Price / SF$309.56
Days on Market49
Property Features for 112 Bellevue Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Gas Cooking
Tankless Hot Water
Internet Available - Broadband
Living Room
Dining Room
Kitchen
Sunroom
Balcony
Rain Gutters
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Toner Real Estate, LLC
(781) 780-9054
Listed By:
Colleen Toner
(617) 438-7878
Source:
Clementsrealty
Added: Sep 26
Changed: Nov 10
Last Checked: Nov 12 at 8:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Toner Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1920, this duplex contains 2,584 square feet across two residences. Each unit has six rooms, two bedrooms, one full bathroom, and a kitchen with gas cooking. A two-car garage, tankless water heater, and vinyl siding are additional property features.
The building occupies a corner lot and has off-street parking. Schools, shopping, restaurants, and transportation are nearby. The property is zoned R2.
The building occupies a corner lot and has off-street parking. Schools, shopping, restaurants, and transportation are nearby. The property is zoned R2.
Key Highlights
- 2,584‑square‑foot duplex built in 1920
- Two units, each with 6 rooms, 2 bedrooms, and 1 full bath
- Two‑car garage and off‑street parking on a corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,934
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,680
$1.0M
Cap Rate 7%
$741,914
$741.9K
Cap Rate 9%
$577,044
$577.0K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$79.1K $30.60/SF
− Vacancy
−$4.9K −$1.89/SF
EGI
$74.2K $28.71/SF
− OpEx
−$22.3K −$8.61/SF
NOI
$51.9K $20.10/SF
Area
Lynn, MA
Vacancy
6.17%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,680
Cap Rate 7%
$741,914
Cap Rate 9%
$577,044
Alternative Uses
Best Use
Multifamily LT 5
$741.9K
$649.2K – $865.6K
NOI $51,934 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$644.7K
$564.1K – $752.1K
NOI $45,127 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$914.3K
$800.0K – $1.07M
NOI $64,001 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
842
Businesses Nearby
Explore this area
Business Placement
Demographics for 01904, MA
19,944
Population
7,322
Households
2.7
Avg Household Size
40
Median Age
32%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
4,749
Density / Sq Mi
$100,597
Median Household Income
$49,561
Median Earnings
$1,742
Median Rent
$515,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Lynn, MA
Properties on Market for Duplexes in Lynn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer matching room layouts, gas-cooking kitchens, and independent living space.
Where is this duplex located?
The property is located at 112 Bellevue Rd Lynn, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 2,584‑square‑foot duplex built in 1920; Two units, each with 6 rooms, 2 bedrooms, and 1 full bath; Two‑car garage and off‑street parking on a corner lot
