44 Estes St Lynn, MA 01902
Fayette Street NeighborhoodEstimated payment $73,145/month
Highlights
- Property is near a beach
- Deck
- 4-minute walk to Goldfish Pond Park
- 0.58 Acre Lot
- Porch
About This Home
Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 25,221 Sq Ft Lot
- Street terminates at a dead end
Home Design
- Brick Exterior Construction
- Frame Construction
- Rubber Roof
Interior Spaces
- 42,486 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 64 Bedrooms
- 62 Full Bathrooms
Parking
- 15 Car Parking Spaces
- Driveway
- 15 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Property is near a beach
- Walking Distance to Water
- Deck
- Porch
Community Details
- 62 Units
- Net Operating Income $900,845
Map
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 | $1,442 | $160,200 | $17,000 | $143,200 |
| 2024 | $1,468 | $146,800 | $17,000 | $129,800 |
| 2023 | $1,315 | $131,500 | $17,000 | $114,500 |
| 2022 | $1,146 | $114,600 | $15,000 | $99,600 |
| 2021 | $1,020 | $102,000 | $15,000 | $87,000 |
| 2020 | $1,020 | $102,000 | $15,000 | $87,000 |
| 2019 | $920 | $97,300 | $15,000 | $82,300 |
| 2018 | $757 | $92,900 | $15,000 | $77,900 |
| 2017 | $722 | $92,500 | $15,000 | $77,500 |
| 2016 | $593 | $87,600 | $16,500 | $71,100 |
| 2014 | $572 | $86,500 | $16,500 | $70,000 |
| 2013 | $572 | $86,500 | $16,500 | $70,000 |
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 |
|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $13,299,000 | -- | $313 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73549418
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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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Ask me questions while you tour the home.