32 Morris St Lynn, MA 01905
West Lynn NeighborhoodEstimated payment $6,036/month
Total Views
336
9
Beds
3
Baths
3,456
Sq Ft
$286
Price per Sq Ft
Highlights
- Property is near a beach
- Jogging Path
- Living Room
- Property is near public transit and schools
- Porch
- 3-minute walk to GEAA Field
About This Home
Outstanding investment or owner-occupant opportunity in a highly desirable West Lynn location. Situated on a quiet side street with ample parking, this well-cared-for three-family property offers three spacious units with letters of de-leaded compliance. Each unit features five rooms and three bedrooms. All apartments are separately metered and equipped with gas heat, providing convenience for both landlords and tenants. The property has been well maintained and features a low-maintenance exterior with vinyl siding and a rubber roof. All three units are currently occupied, generating immediate rental income with a solid rent roll already in place. Whether you’re looking to expand your portfolio or live in one unit while collecting rental income from the others, this is a rare opportunity to own a turnkey multi-family property in one of Lynn’s most sought-after neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,400
Year Built
- Built in 1923
Home Design
- Triplex
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,456 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Insulated Doors
- Living Room
- Range
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- 4 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Property is near a beach
- Rain Gutters
- Porch
Utilities
- 3 Heating Zones
- Heating System Uses Natural Gas
- 100 Amp Service
Additional Features
- 3,205 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 1993683
Community Details
Recreation
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $353
- Insurance Expense $6,669
- Water Sewer Expense $1,832
- Operating Expense $9,046
- Net Operating Income $74,325
Additional Features
- 3 Units
- Coin Laundry
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,862 | $758,900 | $184,500 | $574,400 |
| 2024 | $7,766 | $737,500 | $169,600 | $567,900 |
| 2023 | $7,327 | $657,100 | $151,000 | $506,100 |
| 2022 | $7,380 | $593,700 | $142,000 | $451,700 |
| 2021 | $6,875 | $527,600 | $117,100 | $410,500 |
| 2020 | $6,358 | $474,500 | $97,800 | $376,700 |
| 2019 | $6,066 | $424,200 | $84,000 | $340,200 |
| 2018 | $5,746 | $379,300 | $91,900 | $287,400 |
| 2017 | $5,547 | $355,600 | $81,200 | $274,400 |
| 2016 | $5,195 | $321,100 | $76,900 | $244,200 |
| 2015 | $4,584 | $273,700 | $66,200 | $207,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/19/2026 06/19/26 | For Sale | $989,900 | -- | $286 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $192,000 | -- | |
| Deed | $192,000 | -- | |
| Foreclosure Deed | $317,050 | -- | |
| Foreclosure Deed | $317,050 | -- | |
| Deed | $480,000 | -- | |
| Deed | $480,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $380,000 | -- | |
| Deed | $380,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,680,000 | Commercial | |
| Closed | $1,500,000 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Gene Clements is the broker/owner of Clements Realty Group Inc. an independent local real estate agency in Lynn, MA.
With over ten years of experience as a broker he has worked all sides of residential and commercial real estate transactions.
He is a real estate investor and owns investment property in both Massachusetts and New Hampshire.
He has extensive knowledge in property management, bank owned properties, "flipping" properties, hold and selling "notes/mortgages"
Eugene's Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73536399
APN: LYNN-000020-000280-000029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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