This Property is No Longer Available
199 Lynn St, Peabody, MA 01960
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$955,000
*Sale Price
2 Unit
5 Beds
4 Baths
3296 SQFT
0.28 Acre

Property Description

First time on the market in over 45 years! This special multifamily residence has been cherished and meticulously maintained by the same owners for more than four decades. Set on breathtaking professionally landscaped grounds, the property offers a rare blend of space, versatility, and pride of ownership. Each of the two generous units features two full bathrooms, in-unit laundry, and separately metered utilities, making it ideal for both owner-occupants and savvy investors. Unit 1 enjoys exclusive access to the full basement—perfect for additional storage, hobbies, or future expansion. Unit 2 offers access to the attic, providing even more space and flexibility. Whether you're drawn in by the serene outdoor setting or the solid interior layout, this property offers the perfect canvas for your next chapter. Don’t miss this unique opportunity to own a home where care, comfort, and potential come together.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 5
  • Total Full Baths: 4
  • Total Fireplaces: 4
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Shopping, Tennis Court, Walk/Jog Trails
  • Basement Features: Bulkhead, Interior Access
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room
  • Common Interior Features: Ceiling Fans, Central Vacuum, Storage
  • Common Appliances: Dishwasher, Disposal, Dryer Hookup, Microwave, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 33600
  • Net Operating Income: 33600

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73373873
  • Last Updated: 07/02/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/02/2025Sold$955,000$290MLSPIN
05/21/2025Under Agreement$875,000$265MLSPIN
05/17/2025Active$875,000$265MLSPIN
05/13/2025New$875,000$265MLSPIN

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Seller's Representative: LeeAnne Trohon, LAER Realty Partners
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 2025-07-02 16:04:00

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