$975,000
OPEN SUN 1PM - 3PM

74 Hanover St Lynn, MA 01902

Central Lynn Neighborhood

Estimated payment $5,808/month

9 Beds
3 Baths
3,513 Sq Ft
$278 Price per Sq Ft

Highlights

  • Porch
  • Baseboard Heating
  • Level Lot

About This Home

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!

Listing Agent

William McMahon

McMahon Natoli Realty Listed on: 12/05/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,340

Year Built

  • Built in 1910

Lot Details

  • 2,378 Sq Ft Lot
  • 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
  • Open Parking
  • 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

  • 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: OpenHouse
  • 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

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

Map

Range of Values:

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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
12/05/2025 12/05/25 For Sale $975,000 -- $278 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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

For Sale

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MLS Property Information Network (MLS PIN) 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.

Nearby Homes
Listing Agent
William McMahon
Section Image
McMahon Natoli Realty
(339) 345-2944