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Attention investors! Don't miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

More Info

Basic Information

  • Gross Income $223,740
  • Lot Features Level
  • Mls StatusNew
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $154,200
  • Tax Year 2025
  • Taxes$15,914

Parking

  • Parking Spaces

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms18
  • Full Bath6

Basic Information

  • List Price$1,900,000
  • MLS Number73535795
  • Modification Date06/19/2026
  • Property SubType5-9 Family

Location

  • Address43 Highrock Street
  • Building Number43
  • CountyEssex
  • StateMA
  • StreetHighrock Street
  • TownLynn
  • Zip01902

Building

  • BasementFull, Interior Entry, Concrete
  • Building Area Units Square Feet
  • FoundationStone
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms30
  • Stories5
  • Units6
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.1

Interior

  • Flooring Laminate, Hardwood
  • Interior Features Living Room, Kitchen

Exterior

  • Exterior Features Rain Gutters
  • RoofRubber

Utilities

  • Electric Expense 1265
  • Heat SystemYes
  • Heating Steam
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,230
  • Lot Size Square Feet 4,230
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet4,230

Amenities

  • AmenitiesPublic Transportation, Shopping, Laundromat, Private School, Public School
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Water Body

  • Miles to Beach0.5
  • Waterfront Features Ocean,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Other

  • Date Listed06/19/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Eugene L. Clements of Clements Realty Group

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