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Presenting COVE164, a New Construction 72 Unit Apartment building with 82 garage parking spaces and 17 exterior spaces, all with in-unit laundry. Located in an "Opportunity Zone" with special tax advantages. The perfect combination of city living with ocean views, close to Route-1, the Lynn Commuter Rail, and several bus stops. Located in the hub of Lynn, walking distance to shops, restaurants, and the ocean. Tenants will be attracted to Nahant, Lynn, and Revere beach, just minutes away. New enhancements to the area include updates to the Lynn Harborwalk, new residences, restaurants, and parks. Close to North Shore Community College, Lynn Vocational Technical Institution and Lynn Woods, perfect for hiking, biking, walking your dog, or horseback riding. Less than 10 miles from Boston and 7.7 miles from Logan airport. Podium construction with garage parking, common courtyard and three levels of living.

More Info

Basic Information

  • Contingency Financing
  • Dual Variable Compensation YN Yes
  • Lot Features Level
  • Mls StatusSold
  • Parcel Number 2006389
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Year 2021

Parking

  • Covered Spaces 82
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Off Street, Assigned, Driveway, Paved
  • Parking Spaces17

Rooms

  • Bathroom72
  • Bathrooms Total Decimal 72
  • Bedrooms84
  • Full Bath72

Basic Information

  • List Price$24,500,000
  • MLS Number72924921
  • Modification Date08/06/2022
  • Property SubType5-9 Family
  • Purchase Contract Date12/27/2021
  • Sale Date03/07/2022
  • Sale Price$24,000,000
  • Virtual TourView Tour

Location

  • Address164 Blossom Street
  • Building Number164
  • CountyEssex
  • StateMA
  • StreetBlossom Street
  • TownLynn
  • Zip01902

Building

  • Building Area Units Square Feet
  • Construction Materials Frame, Stone
  • FoundationConcrete Perimeter
  • Garage Spaces82
  • Rooms22
  • Stories4
  • Units72
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup, Icemaker Connection
  • Window Features Insulated Windows
  • Year Built2021
  • Year Built Details Actual
  • Year Built Source Builder

Property

  • Acreage1.17

Interior

  • Flooring Tile, Vinyl

Exterior

  • Fencing Fenced/Enclosed
  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Owner
  • Living Area 72,000
  • Lot Size Square Feet 50,771
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet72,000

Amenities

  • Amenities
    • Bike Path
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedElectric Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Green Energy Efficient Thermostat
  • Other AmenitiesBeachfront, Golf, Horse Property

Water Body

  • Miles to Beach1
  • Waterfront Features Beach Front, Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)

Legal

  • ZoningWF1

Other

  • Buyer Agency Compensation1
  • Date Listed12/03/2021
  • Farm Land Area Units Square Feet
  • View Count24

Map Location

Driving Directions

Listed by The Synergy Group of Leading Edge Real Estate

Listing Sold by Non Member Office

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