81-83 Walnut St, Lynn, MA 01905
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$1,250,000
4 Unit
8 Beds
4 Baths
3482 SQFT
0.09 Acre

Property Description

Four-family residential property located in the desirable Lower Pine Hill neighborhood. Built in 1900, this well-maintained multi-family home offers a total of 18 rooms across four separate units, providing a solid income-generating opportunity for investors, owner occupants, and multi-generational living. Detached two car garage + storage. Premier location offers convenient access to public transportation, shopping, parks, and schools, enhancing its appeal. This is a rarely offered opportunity for those seeking to expand their real estate portfolio or live as an owner occupant in the heart of Lynn.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Basement Features: Finished, Full, Interior Access, Other (See Remarks), Partially Finished, Walk Out
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 120480
  • Net Operating Income: 120480

Utilities

  • Heat Zones: 4
  • Electric Info: 200 Amps, Circuit Breakers, Individually Metered, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Foundation Info: Brick, Fieldstone, Poured Concrete
  • Flooring Type: Hardwood, Laminate, Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73385358
  • Last Updated: 06/05/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/04/2025New$1,250,000$359MLSPIN

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Seller's Representative: Waypoint Realty Group, Coldwell Banker Realty - Boston
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-06-05 03:30:00

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