71 Harwood St, Lynn, MA 01902
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$3,300,000
12 Unit
12 Beds
12 Baths
10224 SQFT
0.18 Acre

Property Description

Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.

Property Details tap to expand

Building Information

  • Total Units: 12
  • Total Floors: 3
  • Total Bedrooms: 12
  • Total Full Baths: 12
  • Amenities: Park, Public School, Public Transportation, Shopping
  • Basement Features: Unfinished Basement
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No

Unit 2 Description

  • Under Lease: No

Construction

  • Year Built: 1905
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73561330
  • Last Updated: 08/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/14/2026Active$3,300,000$323MLSPIN
08/10/2026New$3,300,000$323MLSPIN

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Seller's Representative: Katy Loucks, Lamacchia Realty, Inc.
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 2026-08-14 03:05:00