44 Flint St Lynn, MA 01905
Lower Boston Street NeighborhoodEstimated payment $7,807/month
Highlights
- Property is near a beach
- Wood Flooring
- Balcony
- Property is near public transit and schools
- Covered Patio or Porch
- Bathtub with Shower
About This Home
Prime Investment Opportunity, 5.6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,297
Year Built
- Built in 1880
Lot Details
- 3,584 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 4,740 Sq Ft Home
- 3-Story Property
- Living Room
- Wood Flooring
Kitchen
- Range
- Freezer
Bedrooms and Bathrooms
- 12 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 1 Car Parking Space
- Driveway
- Paved Parking
- 1 Open Parking Space
- Off-Street Parking
Outdoor Features
- Property is near a beach
- Balcony
- Covered Patio or Porch
Location
- Property is near public transit and schools
Schools
- Lps Elementary And Middle School
- Lps High School
Utilities
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Internet Available
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 2005887
Community Details
Recreation
- Park
Additional Features
- 3 Units
- Coin Laundry
- Net Operating Income $108,264
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 | $6,024 | $581,500 | $226,600 | $354,900 |
| 2024 | $5,529 | $525,100 | $199,100 | $326,000 |
| 2023 | $5,285 | $474,000 | $205,600 | $268,400 |
| 2022 | $5,049 | $406,200 | $152,300 | $253,900 |
| 2021 | $4,821 | $370,000 | $140,000 | $230,000 |
| 2020 | $4,778 | $356,600 | $134,800 | $221,800 |
| 2019 | $4,590 | $321,000 | $126,900 | $194,100 |
| 2018 | $4,756 | $313,900 | $140,000 | $173,900 |
| 2017 | $4,348 | $278,700 | $116,400 | $162,300 |
| 2016 | $4,187 | $258,800 | $108,900 | $149,900 |
| 2015 | $4,038 | $241,100 | $108,100 | $133,000 |
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 |
|---|---|---|---|---|
| 06/26/2026 06/26/26 | For Sale | $1,325,000 | -- | $280 / Sq Ft |
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 |
|---|---|---|---|
| Quit Claim Deed | $172,500 | None Available | |
| Deed | $300,000 | -- | |
| Deed | $74,000 | -- |
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 | $210,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $250,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $70,000 | Balloon | |
| Previous Owner | $272,000 | No Value Available | |
| Previous Owner | $299,300 | No Value Available | |
| Previous Owner | $296,000 | No Value Available | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $50,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73542427
APN: LYNN-000038-000328-000006
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Ask me questions while you tour the home.