Martocchia REALTORS® | Boston Real Estate, Cambridge Real Estate, Newton Real Estate

144 Lincoln Rd, Lincoln, MA 01773  

Sale Price
Type of Comm.
Lot Size
Opportunity! Free standing 2-story office building in the heart of Lincoln Center. Perfect opportunity for investor ownership or own use with added investment income. Currently set up as 5 offices/tenants or it can easily revert to 8 individual offices. It was completely redone to the studs in 2012 by prior owner with excellent finishes throughout, full HVAC system for each floor plus added storage in the basement. 144 Lincoln Rd is part of a 2 building, 3 unit condominium which includes 20 shared parking spaces with potential for added parking spaces if needed. All units are currently leased with various anniversary dates. Ideal location at South Lincoln Central Business District, near commuter rail.
Lot Size: 26,000.00
Acres: 0.60
Sale Price: $700,000
Settled Date: 4/25/2019 12:00:00 AM
List Price: $750,000
Type: Commercial
Type of Comm.: Office
Status: Sold
Restrooms: 2
Stories: 2
Buildings: 1
Year Built: 1953
MLS#: 72321321
Elevator: No
Acres: 0.60
Handicap Access: Yes
Lot Size: 26,000.00
Parking Spaces: 20
Parking Features: Open, 11-20 Spaces, Paved Driveway, On Site, Shared
Roof Material: Asphalt/Fiberglass Shingles
Site Condition: Level
Location: Suburban, Free Standing, Central Business District
Utilities: Public Water, Private Sewer, Natural Gas
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assoc. Fee Includes: Parking, Sewer, Master Insurance, Landscaping, Snow Removal
Assessed Building Value: $204,200
Condo Assoc.: Yes
Assessed Land Value: $313,000
Exchange: Yes
Gross Annual Expenses: $15,923
Gross Annual Income: $62,100
Taxes: $9,248
Homeowner's Assoc. Fee: $464
Tax Year: 2018
Net Operating Income: $46,177
Book/Page: 65038/117
Sublet: No
Total Assesed Value: $517,200
Zone Description: Other (See Remarks)
Office Sq. Ft.: 2,024
Office Units: 5
Disclosure Declaration: No
Disclosure: 1st floor currently set up as one open large space plus one private office, can be modified back to original 4 individual offices. Overall dimensions 55' x 21' 2.5" each flr, plus 544 sf unfinished basement area. Each floor has rest room. 1st floor Handicap accessible;. 1 Handicap parking space
For Lease: No
Space Available: For Sale
Area Sales
Similar Listings
The listing office is Martocchia REALTORS® and the listing agent is Amleto Mel Martocchia. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.