$720,000
SOLD APR 16, 2025
8 Beds
3 Baths
3,798 Sq Ft
5,101 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Property is near public transit
  • Enclosed Patio or Porch
  • Coin Laundry
  • Cokato Elementary School Rated 10
  • Shops

About This Home

As of April 2025

** OFFER DEADLINE - SUNDAY 3/2 @ 5 PM ** Attention Investors!! In need of complete rehab. Don’t miss this prime opportunity to own a 3-family property in Lynn, MA, bursting with so much potential! Being sold AS-IS, this versatile multi-family is perfect for those looking to renovate, flip, or add to their rental portfolio. Featuring spacious units, off-street parking, and a sought-after location close to public transportation, schools, parks, shopping, and major routes, this property offers endless possibilities. With strong rental demand in the area, the upside is undeniable. Unlock the value and turn this diamond in the rough into a true investment gem!! Come check this out--- you don't want to miss it! All units will be delivered vacant!

Last Agent to Sell the Property

Julia Quill

Mathieu Newton Sotheby's International Realty Listed on: 02/26/2025

Last Buyer's Agent

Kelly Morales

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,006

Year Built

  • Built in 1866

Home Design

  • 3,798 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Assigned Parking

Additional Features

  • Enclosed Patio or Porch
  • 5,101 Sq Ft Lot
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $8,400
  • Assessor Parcel Number M:053 B:738 L:023,2006249

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $100,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,006

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1866
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Above Grade Finished Sq Ft: 3798
  • Living Area: 3798
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN0394
  • MAIN SO: AC0342

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Assigned, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:053 B:738 L:023,2006249
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5101
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9006

Multi Family

  • Net Operating Income: 100800
  • Number Of Units Total: 3
  • Total Actual Rent: 8400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Apr 16, 2025
Sold by
Mata Joaquin E
Bought by
29 Huss Llc
Seller's Agent
Julia Quill
Mathieu Newton Sotheby's International Realty
Buyer's Agent
Kelly Morales
eXp Realty
List Price
$699,900
Sold Price
$720,000
Premium/Discount to List
$20,100
2.87%
Views
36
Current Estimated Value
$733,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,428
Avg. Annual Appreciation
2.88%
Original Mortgage
$522,000
Outstanding Balance
$518,725
Interest Rate
6.63%
Mortgage Type
Commercial
Estimated Equity
$214,703

Purchase Details

Closed on
Jan 11, 2013
Sold by
Mata Joaquin
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Sep 13, 2004
Sold by
Lasoff Steven S
Bought by
Mata Joaquin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,690
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1997
Sold by
Muntasser Emadeddin Z and Muntasser E
Bought by
Lasoff Steven S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $720,000 None Available
Quit Claim Deed $720,000 None Available
Quit Claim Deed $720,000 None Available
Foreclosure Deed $224,000 --
Foreclosure Deed $224,000 --
Deed $397,000 --
Deed $397,000 --
Deed $99,000 --
Deed $99,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $522,000 Commercial
Closed $522,000 Commercial
Previous Owner $405,000 No Value Available
Previous Owner $305,690 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2025 04/16/25 Sold $720,000 +2.9% $190 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $699,900 -- $184 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $9,006 $869,300 $205,300 $664,000
2024 $8,943 $849,300 $188,700 $660,600
2023 $8,428 $755,900 $168,000 $587,900
2022 $8,476 $681,900 $158,000 $523,900
2021 $7,894 $605,800 $130,300 $475,500
2020 $7,296 $544,500 $108,800 $435,700
2019 $6,956 $486,400 $93,500 $392,900
2018 $6,558 $432,900 $102,200 $330,700
2017 $6,026 $386,300 $90,400 $295,900
2016 $5,640 $348,600 $85,600 $263,000
2015 $4,971 $296,800 $73,700 $223,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73338887

MLS Property Information Network (MLS PIN)

APN: LYNN-000053-000738-000023