$700,000
SOLD SEP 27, 2022
9 Beds
3 Baths
2,864 Sq Ft
4,619 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

18% Below List Price

39 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Heating Available

About This Home

As of July 2025

Unique opportunity! Two family and single family on the same parcel of land. Perfect for anyone looking to owner occupy while growing there investment portfolio. Also a rare find for any lucky investor. The two family has three bedrooms, living room and kitchen in each unit as well as two porches and one enclosed porch. The Single family has a total of three bedrooms, living room, dinning room, kitchen, basement and porch. Eleven paved parking spots and enclosed yard with patio area. On a quite one way street, mins from Salem MA and the beach. You really don't want to miss out on the one in a life time property!!

Last Agent to Sell the Property

Amanda O'grady

RE/MAX On the Charles Listed on: 06/23/2022

RE/MAX On the Charles

Last Buyer's Agent

Eric McNeill

EWK Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,874

Year Built

  • Built in 1965

Home Design

  • 2,864 Sq Ft Home
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 11 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Microwave
  • Washer and Dryer Hookup
  • Enclosed patio or porch
  • 4,619 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $7,200
  • Rent includes unit 1(water), unit 2(water), unit 3(none)

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,874

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1965
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Flooring: Wood,Tile,Laminate
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Unit 3(Range,Microwave,Refrigerator)
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Living Area: 2864
  • Stories Total: 5
  • MAIN LO: BB9190
  • LIST PRICE PER Sq Ft: 279.33
  • PRICE PER Sq Ft: 244.41
  • MAIN SO: AC1982

Exterior Features

  • Construction Materials: Stone
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Enclosed, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(None)

Lot Info

  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4619
  • Lot Size Units: Acres
  • PAGE: 304
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7874.41
  • Tax Book Number: 32912

Multi Family

  • Gross Income: 28800
  • Net Operating Income: 28800
  • Number Of Units Total: 3
  • Total Actual Rent: 7200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 1

Similar Homes in Lynn, MA

  • 38 Chatham St, Lynn, MA 01902

    $839,000

    • 6 Beds
    • 3 Baths
    • 2,314 Sq Ft
    • 38 Chatham St
    • Lynn, MA

    Multi-Family, Delivered Vacant with income Potential. Spacious multi-family home featuring two units across three levels. First unit has 2 bedrooms; 1 bathroom Second unit is a Two-level unit with 4 bedrooms and 2 bathrooms. This property features some updates throughout, large bedrooms, and large windows that bring in a lot of natural light. The third floor offers excellent potential for added

    Sonya Aoude Law Offices of Bradford Eliot Keene, P.C.

    Section Image
  • 12 Chestnut Ave, Lynn, MA 01902

    $869,000

    • 6 Beds
    • 3 Baths
    • 2,239 Sq Ft
    • 12 Chestnut Ave
    • Lynn, MA

    Don’t miss out on this opportunity to own a fully remodeled property featuring luxury, high-end finishes across three levels, and extras galore! Units feature an open concept floor plan complemented with high efficiency mini-splits units providing heating and cooling, kitchens boasts quartz counter tops, soft closing cabinetry, and washer/dryer hook-ups on all three floors. The bathrooms are a

    Pedro Calcano William Raveis R.E. & Home Services

    Section Image
  • 329 Essex St, Lynn, MA 01902

    $679,900

    • 7 Beds
    • 3.5 Baths
    • 2,961 Sq Ft
    • 329 Essex St
    • Lynn, MA

    Attention Investors! Income Property! Deleaded Two Family Home Ready For Its New Owners! Perfect to Add To Investor Portfolio! Unit 1 Boasts 5 Rooms, 2 Bedrooms, 1.5 Bathrooms including an Eat-In Kitchen. Unit 2 Is a Townhouse Style Apartment Located On 2 Levels, And Has 7 Rooms, 5 Bedrooms, 2 Full Baths and an Enclosed Porch. 2 Separate Forced Air Gas Heating Systems and Gas Hot Water Heaters.

    Colleen Toner Toner Real Estate, LLC

    Section Image
  • 344 Essex St, Lynn, MA 01902

    $594,900

    • 7 Beds
    • 2.5 Baths
    • 2,487 Sq Ft
    • 344 Essex St
    • Lynn, MA

    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

    Steven Mango StartPoint Realty

    Section Image
  • 19 High St, Lynn, MA 01902

    $765,000

    • 6 Beds
    • 3 Baths
    • 3,154 Sq Ft
    • 19 High St
    • Lynn, MA

    Spacious and full of potential, this large 2-family home offers over 3,000 square feet, ideal for first-time buyers, owner occupants, investors, or rehab enthusiasts. The first-floor unit features 3 bedrooms and an eat-in kitchen, while the second-floor unit is a duplex with 3–4 bedrooms and 2 full baths, offering incredible flexibility and income potential. Additional highlights include gas

    Mission Impossible Team United Brokers

    Section Image
  • 42 Valley Ave, Lynn, MA 01902

    $815,000

    • 6 Beds
    • 3 Baths
    • 2,388 Sq Ft
    • 42 Valley Ave
    • Lynn, MA

    Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be

    Jose Reyes Re-yes Real Estate

    Section Image
  • 16 Cleveland St, Lynn, MA 01904

    $789,900

    • 5 Beds
    • 2 Baths
    • 2,216 Sq Ft
    • 16 Cleveland St
    • Lynn, MA

    Welcome to 16 Cleveland Street – a rare opportunity to own a well-maintained two-family home in a prime location. Conveniently situated with easy access to highways and local amenities, this property is ideal for both investors and owner-occupants.The first-floor unit features a spacious layout with a living room, dining area, kitchen, and three bedrooms. The second-floor unit offers a

    Francisco Alonso Dell Realty Inc.

    Section Image
  • 57 Johnson St, Lynn, MA 01902

    $829,900

    • 6 Beds
    • 2.5 Baths
    • 2,842 Sq Ft
    • 57 Johnson St
    • Lynn, MA

    MASSIVE 2 Family Home Conveniently located near the Lynn Commons, Lynn's Revitalized Downtown & walking Distance to Public Transportation. 2nd Unit is a Townhouse Style 4 Bedroom 1.5 Bathroom Unit. Each unit has an updated Kitchen w/ New Cabinets, Formal Dining Rooms & Living Rooms. Hardwood Floors on the first & second floor, New carpeting on the 3rd floor. Both Units have high ceilings, tons of

    Trinh Tran Transcend Realty

    Section Image
  • 450 Western Ave, Lynn, MA 01904

    $709,900

    • 6 Beds
    • 3 Baths
    • 2,269 Sq Ft
    • 450 Western Ave
    • Lynn, MA

    Fantastic opportunity to own a spacious 2-family home in the heart of Lynn! With 6 bedrooms and 3 full baths, this property is ideal for investors or owner-occupants. Conveniently located just one mile to the commuter rail and steps to the 450 & 435 bus lines, commuting is a breeze. Unit 1 is freshly painted and features 2 bedrooms, 1 bath, and a modern kitchen. Unit 2 spans two levels with 4

    Kayla Lyons RE/MAX Realty Experts

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Sold $1,050,000 -4.5% $367 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $1,100,000 +4.5% $384 / Sq Ft
05/31/2024 05/31/24 Sold $1,052,500 -4.3% $367 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,100,000 +57.1% $384 / Sq Ft
09/27/2022 09/27/22 Sold $700,000 -12.5% $244 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $799,999 -1.2% $279 / Sq Ft
07/07/2022 07/07/22 Price Changed $810,000 -4.7% $283 / Sq Ft
06/23/2022 06/23/22 For Sale $850,000 +153.7% $297 / Sq Ft
10/31/2013 10/31/13 Sold $335,000 -6.9% $117 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $359,977 +100.0% $126 / Sq Ft
06/01/2013 06/01/13 Sold $180,000 -18.2% $63 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $219,997 -- $77 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73002514

MLS Property Information Network (MLS PIN)

APN: LYNN B:095 L:526 S:006