Investment Analysis — 15 Moray St

Bring your contractor, your ideas, and your hard work. This is a 3-bedroom, 1-bath, single-level home with 1,114 sq. ft. of living space on a good-sized 6,400 sq. ft. lot. This is an estate sale. The house needs a lot of work and updates. It is not move-in ready. It is a full project home. But for the right buyer, it can be a good chance to build value and make it your own. The layout is simple and all on one floor, which makes it easy to work with. There is also a full basement for storage, tools, or future use. The yard is bigger than it looks and may give you more options down the road. In Massachusetts, there are new rules that may allow an extra small unit (ADU-Accessory Dwelling Unit), but buyers must check with the City of Lynn to see what is allowed. The home is on a quiet side street. It is close to everything in Lynn, like shops, buses, and main roads, but still feels a bit more private. The house is one home away from a cemetery. Some buyers may see this as a concern, but others may like that it helps keep the area very quiet.This is not a small repair job. This is a full renovation house. It needs someone who can look past the condition and see what it can become. You can fix it for your own home, rent it out after repairs, or explore other ideas for the property. Homes like this with 3 bedrooms, good lot size, and strong upside do not come up often.15 Moray Street is ready for someone willing to put in the work. Is that you?