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    45 Tudor 3-8 Lynn, MA 01902

    For Sale
    $1,350,000

    Six one-bedroom condo units with separate deeds and individual utilities.

    Lot size:
    0.15 Acres

    Property Features for 45 Tudor 3-8

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1900

    Source: Toner Real Estate, LLC Agent Melissa Jeffery

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Six Condo Units For Sale

    Six one-bedroom condo units are available for purchase, each with a separate deed. The units feature a layout comprising one bedroom, a living room, a bathroom, and a kitchen equipped with a gas stove. Each unit also includes a washer and dryer. Each unit has a separate gas meter and electrical panel, along with one dedicated parking spot. These six units are serviced by a steam boiler gas system. The roof is 12 years old, and the siding is 8 years old. The steam boiler gas system is 2 years old, and the hot water tank is 6 months old. Fire alarms were updated 3 months ago. The condo fee is $400 per month per unit. The gross yearly income is $134,400, with a yearly condo fee of $28,800 and real estate taxes of $8,720 per year.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9405
    Latitude
    42.471

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    FAQs

    What type of property is this?
    Apartment building - Six one-bedroom condo units with separate deeds and individual utilities.
    Where is this apartment building located?
    The property is located at 45 Tudor 3-8 Lynn, MA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Six individual condo units with separate deeds, offering immediate rental income potential.; - Each unit is fully equipped with a gas stove, washer, and dryer for tenant convenience.; - Separate gas and electric meters for each unit simplify utility management and billing.
    (508) 423-3210
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    45 Tudor 3-8 Lynn, MA 01902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45 Tudor 3-8 Lynn, MA 01902
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