$990,000
SOLD JAN 16, 2026

74 Hanover St Lynn, MA 01902

Central Lynn Neighborhood
9 Beds
3 Baths
3,513 Sq Ft
2,378 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Beach Front
  • Baseboard Heating
  • Level Lot
  • Porch

About This Home

As of January 2026

Located at 72 74 Hanover Street, in the vibrant city of Lynn, Massachusetts, this multi-family residence presents a unique opportunity to own a substantial property with enduring character. Its location offers convenience and access to the amenities of city life. This classic Triple Decker features updated heat and hot water. All 3 units have Certificates of Compliance. Great rents with 3 bedrooms in each unit. Third floor is leased until, 1st and second floors vacant and ready to occupancy. Third floor rent is actual, 1st and second floor rents are from most recent tenants. All in all a great opportunity for the owner occupant to live and collect solid rental income, or the investor to capitalize!

Last Agent to Sell the Property

William McMahon

McMahon Natoli Realty Listed on: 12/05/2025

Last Buyer's Agent

Suman Mahara

oNest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,340

Year Built

  • Built in 1910

Lot Details

  • 2,378 Sq Ft Lot
  • Beach Front
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation

Interior Spaces

  • 3,513 Sq Ft Home
  • Property has 1 Level
  • Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Driveway
  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • 3 Units
  • Net Operating Income $99,084

Listing and Financial Details

  • Total Actual Rent $8,250
  • Rent includes unit 1(water)
  • Legal Lot and Block 012 / 645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,340

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 9
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 3513
  • Living Area: 3513
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN1101
  • MAIN SO: AN6926

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2378
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 8340.16
  • Tax Block: 645
  • Tax Lot: 012

Multi Family

  • Net Operating Income: 99084
  • Number Of Units Total: 3
  • Total Actual Rent: 8250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Range of Values:

--
Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2026 01/16/26 Sold $990,000 +1.5% $282 / Sq Ft
12/06/2025 12/06/25 Pending -- -- --
12/05/2025 12/05/25 For Sale $975,000 -- $278 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2026

    William McMahon

    McMahon Natoli Realty

    (617) 224-2527

    1 in this area

    3 Total Sales

    William McMahon
    Section Image
  • Suman Mahara

    Buyer's Agent in 2026

    Suman Mahara

    oNest Real Estate

    (571) 701-1647

    4 in this area

    123 Total Sales

    Suman Mahara
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73460401

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lynn 01902 Central Lynn

74 Hanover St, Lynn, MA

Sold

MultiFamily

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