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33 Laighton Street

John Reardon Purchases Multifamily Property At 33 Laighton Street Lynn MA From Raymond Lee For $4.2M
SOLDMultiFamily

John Reardon Purchases Multifamily Property At 33 Laighton Street Lynn MA From Raymond Lee For $4.2M

33 Laighton Street

$4,200,000

$181/SF

Building Size

23,163 SF

Asset Type

MultiFamily

Closing

Aug 3, 2025

AI

The multifamily property located at 33 Laighton Street in Lynn, MA was sold for $4,200,000. This asset consists of 18 units, totaling 23,163 square feet, which equates to a price per unit of $233,333 and a price per square foot of $181.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,200,000
  • Units: 18
  • Square Footage: 23,163
  • Price Per Unit: $233,333
  • Price Per Square Foot: $181
  • Buyer: John Reardon
  • Seller: Raymond Lee
  • Brokers: Dan Pouladian & Sara Pouladian - Northshore Realty Advisors

Northshore Realty Advisors acted as the exclusive agent for the Seller and successfully procured the Buyer through an off-market opportunity before the listing went live. The brokers extend their congratulations to all parties involved in this smooth transaction.

Players

Dan Pouladian

Northshore Realty Advisors

Broker

$304.3M

vol

68 deals

Broker
Northshore Realty Advisors
Northshore Realty AdvisorsBrokerage

Lynn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93