Property Description

Prime Multi-Unit Investment Opportunity in Lynn, MA – This well-maintained multi-family property is perfect for serious investors seeking a high-performing asset. Featuring spacious units with modern updates, hardwood floors, and abundant natural light, this property offers strong rental income potential. Updated kitchens and bathrooms, a basement with separate utilities, and a large backyard add to its appeal. Located in a high-demand rental market near public transportation, shopping, and schools, this is an excellent opportunity for investors looking to expand their portfolio.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 11
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Highway Access, Laundromat, Medical Facility, Public School, Public Transportation, Shopping
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Upgraded Cabinets
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 45600
  • Net Operating Income: 45600

Utilities

  • Cooling Zones: 1
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1903
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73341648
  • Last Updated: 03/10/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/09/2025Active$1,549,000$388MLSPIN
03/05/2025New$1,549,000$388MLSPIN

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Seller's Representative: Treetop Group, Keller Williams Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-10 13:11:00