15 Morris St, Lynn, MA 01905
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$990,000
3 Unit
6 Beds
5 Baths
2664 SQFT
0.16 Acre

Property Description

This oversized 3-family consists of two (2) 2 bedrooms/2 bathroom units and one (1) 2 bedroom/1 bathroom unit with separately metered utilities. 15 Morris Street is located on a quiet tree-lined street and is situated on a DOUBLE LOT with potential opportunity of building an ADU unit in the back of the property by using the curb cut from Court Street, currently fenced with a door. The units are great layouts, and 2 units have renovated kitchens and bathrooms. There is a large back deck overlooking the backyard with 6 parking spots in the driveway. The common area has new flooring installed as well as freshly painted walls, railings, and stairs. Laundry in the basement. This property is not to be missed.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 5
  • Amenities: Public Transportation
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Heating: Forced Air, Oil

Financial

  • APOD Available: Yes
  • Expenses Source: Accountant Provided, Owner Provided
  • Gross Operating Income: 94596
  • Gross Expenses: 18798
  • Electric Expenses: 345
  • Water/Sewer: 2536
  • INSC: 6145
  • Repairs & Maintenance: 1500
  • RFS: 350
  • Net Operating Income: 72210

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Construction

  • Year Built: 1925
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73408255
  • Last Updated: 11/14/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/14/2025Active$990,000$372MLSPIN
11/10/2025Price Change$990,000$372MLSPIN
11/01/2025Expired$995,000$373MLSPIN
10/26/2025Active$995,000$373MLSPIN
10/22/2025Price Change$995,000$373MLSPIN
09/19/2025Active$1,025,000$385MLSPIN
09/15/2025Back on Market$1,025,000$385MLSPIN
08/15/2025Under Agreement$1,025,000$385MLSPIN
08/01/2025Contingent$1,025,000$385MLSPIN
07/27/2025Active$1,025,000$385MLSPIN
07/23/2025New$1,025,000$385MLSPIN

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Seller's Representative: Michael McCarthy, North Shore Realty Advisors
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 2025-11-14 03:05:00

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