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723 SUMMER ST
LYNN, MA 01905-1929
Asking Price
$1.50M
Cap Rate
3.38%
Asset Type
Storefront Retail
Class
Class B
What's Special
<p>±19,473 SF Mixed-use commercial asset.</p><p>Light Industrial (LI) zoning allows a wide range of uses.</p><p>Strong access to Boston and regional transit via MBTA Commuter Rail.</p>
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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332
