This Property is No Longer Available
344 Essex St, Lynn, MA 01902
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$585,000
*Sale Price
2 Unit
7 Beds
3 Baths
2487 SQFT
0.09 Acre

Property Description

Multifamily perfect for CONTRACTORS, FLIPPERS or other ALL-CASH buyers looking for next project.Great investment opportunity with *significant upside potential* for those ready to roll up their sleeves. Whether you're looking to renovate & flip, create cash-flowing rental units, or live in 1 unit & rent the other, this is a fantastic opportunity to build equity. House has solid bones & spacious units. 1st floor consists of spacious LR, kitchen, full bath, and 3 to 4 BRs depending on whether you want a separate dining room. 2nd unit consists of a kitchen, LR, dining room, 3 BRs, Flex Room & 1.5 baths. Flex Room on 3rd floor can be used as an exercise area or office or maybe a small sleeping area? Both units have separate utilities. Common laundry & common storage in bsmt. Fenced in backyard. 3 tandem parking spots in driveway! Property sold AS IS & AS SEEN. SELLERS & SELLER AGENT MAKES NO WARRANTIES OR REPRESENTATIONS! CASH BUYER ONLY! Buyer responsible for obtaining smoke certificate

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: House of Worship, Laundromat, Medical Facility, Public Transportation, Shopping
  • Basement Features: Bulkhead, Concrete Floor, Interior Access, Partial, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Storage
  • Common Appliances: Microwave, Range, Refrigerator, Wall Oven, Washer Hookup
  • Common Heating: Central Heat, Electric

Financial

  • APOD Available: No

Utilities

  • Heat Zones: 2
  • Electric Info: 100 Amps, 110 Volts, Circuit Breakers, Individually Metered, On-Site, Other (See Remarks), Underground
  • Energy Features: Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Oven, for Electric 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: 2

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone, Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Vinyl, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73397010
  • Last Updated: 08/23/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/06/2025Under Agreement$849,900$342MLSPIN
10/29/2025Active$849,900$342MLSPIN
10/25/2025New$849,900$342MLSPIN
08/23/2025Sold$585,000$235MLSPIN
07/10/2025Under Agreement$594,900$239MLSPIN
07/04/2025Contingent$594,900$239MLSPIN
06/30/2025Active$594,900$239MLSPIN
06/26/2025New$594,900$239MLSPIN

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Seller's Representative: Steven Mango, StartPoint Realty
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 2025-08-23 10:23:00

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