$785,000
$45K PRICE DROP

Estimated payment $4,947/month

Total Views 5,011
8 Beds
3 Baths
3,017 Sq Ft
$260 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Living Room
  • Waterfront
  • Wood Flooring
  • Park

About This Home

***Open House Saturday, August 30, 2025 11:00 AM to 1:00 PM.*** Don’t miss this prime opportunity to own a 3-family property in Lynn, MA. Perfect for an Owner Occupied or Investor! Great Location!! De-lead Certificates of Compliance for all floors. Mostly hardwood floors. 3 Newer Gas Heating Systems (2005) and 3 New Gas Hot Water Heaters (2023, 2024 2025). 4 Gas & Electric Meters, 3 Storage spaces. Within distance to bus line/station, CVS, Market Basket, Supreme Store, Price Rite, Banks, City Hall & Library, other various stores and shops. Won't last, Your Search is Over! Come On Down!!

Listing Agent

Olasunkanmi Oladoja

Citipoint Realty Services, LLC Listed on: 05/30/2025

Co-Listing Agent

Motolani Babalola

Citipoint Realty Services, LLC

Co-Listing Agent

Dipo Akinade

Citipoint Realty Services, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,133

Year Built

  • Built in 1915

Lot Details

  • 3,106 Sq Ft Lot
  • Waterfront
  • Irregular Lot

Home Design

  • Brick Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,017 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room
  • Dining Room
  • Range with Range Hood
  • Gas Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:053 B:736 L:003,2006165

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 3 Units
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,133

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1915
  • Levels: 3
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Range Hood
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Gas Dryer Hookup
  • Basement: Full, Interior Entry
  • Above Grade Finished Sq Ft: 3017
  • Living Area: 3017
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: BB5711
  • LIST PRICE PER Sq Ft: 260.19
  • PRICE PER Sq Ft: 260.19

Exterior Features

  • Construction Materials: Block
  • Foundation Details: Brick/Mortar, Irregular, Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer
  • Heating: Baseboard, Natural Gas
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:053 B:736 L:003,2006165
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3106
  • Lot Size Units: Acres
  • PAGE: 148

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8133
  • Tax Book Number: 22796

Multi Family

  • Gross Income: 48000
  • Net Operating Income: 48000
  • Number Of Units Total: 3
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,133 $785,000 $193,700 $591,300
2024 $8,031 $762,700 $177,900 $584,800
2023 $7,586 $680,400 $158,500 $521,900
2022 $7,652 $615,600 $149,000 $466,600
2021 $7,134 $547,500 $122,900 $424,600
2020 $6,604 $492,800 $102,600 $390,200
2019 $6,309 $441,200 $88,100 $353,100
2018 $5,996 $395,800 $96,400 $299,400
2017 $5,700 $365,400 $85,200 $280,200
2016 $5,352 $330,800 $80,700 $250,100
2015 $4,740 $283,000 $69,500 $213,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $785,000 -3.1% $260 / Sq Ft
07/03/2025 07/03/25 Price Changed $810,000 -2.4% $268 / Sq Ft
05/30/2025 05/30/25 For Sale $830,000 -- $275 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $380,000 --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,600 No Value Available
Closed $76,000 No Value Available
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73383051

MLS Property Information Network (MLS PIN)

APN: LYNN-000053-000736-000003