$1,087,250
SOLD MAR 31, 2025
8 Beds
3 Baths
3,483 Sq Ft
3,580 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

1% Below List Price

34 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Tandem Parking
  • Corner Lot
  • Balcony
  • Bathtub with Shower

About This Home

As of March 2025

Discover a prime investment opportunity in Lynn, MA, with a charming multi-family home that awaits. This property features three inviting units, each with 2-3 bedrooms and 1 bathroom, offering a modern and welcoming atmosphere ideal for tenants. With a successful rental history and recent updates to all utilities, it is ready to provide consistent and reliable income from the start. Enjoy the convenience of off-street parking in a vibrant neighborhood, just steps away from local shops, dining, and public transportation. Positioned perfectly amidst Lynn's ongoing revitalization, this property presents a remarkable chance to capitalize on the city’s growth. Don’t miss out on this opportunity.

Last Agent to Sell the Property

Treetop Realty Group

Keller Williams Realty Listed on: 01/02/2025

Keller Williams Realty

Co-Listed By

Seydyss Barreto

Keller Williams Realty

Last Buyer's Agent

Ama Agumeh

Barrett Sotheby's International Realty

Barrett Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,734

Year Built

  • Built in 1890

Lot Details

  • 3,580 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Home Design

  • Triplex
  • Stone Foundation

Interior Spaces

  • 3,483 Sq Ft Home
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $8,200
  • Rent includes unit 1(water), unit 2(water)
  • Legal Lot and Block L: 025 / B:768
  • Assessor Parcel Number M:037 B:768 L:025,2007078

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,734

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1890
  • Levels: 6
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies, Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Above Grade Finished Sq Ft: 3483
  • Living Area: 3483
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: G95022
  • MAIN SO: AN0538

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Stone, Irregular
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:037 B:768 L:025,2007078
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3580
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9734
  • Tax Block: B:768
  • Tax Lot: L: 025

Multi Family

  • Net Operating Income: 62400
  • Number Of Units Total: 3
  • Total Actual Rent: 8200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Mar 26, 2025
Sold by
Padron Aida P
Bought by
Regmi Sundar and Regmi Sharada
Seller's Agent
Treetop Realty Group
Keller Williams Realty
Buyer's Agent
Ama Agumeh
Barrett Sotheby's International Realty
List Price
$1,100,000
Sold Price
$1,087,250
Premium/Discount to List
-$12,750
-1.16%
Views
49
Current Estimated Value
$1,063,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,014
Avg. Annual Appreciation
-2.51%

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jul 24, 2017
Sold by
Ravelo-Soto Patricia
Bought by
Padron Aida P
Seller's Agent
Nadia Ustariz
Invector Properties
Buyer's Agent
Viviane Alvarenga
Keller Williams Realty Evolution
List Price
$625,000
Sold Price
$552,000
Premium/Discount to List
-$73,000
-11.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$513,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2009
Sold by
Fnma
Bought by
Ravelo-Weil Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2009
Sold by
Batista Nelson
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2007
Sold by
Batista Nelson and Batista Rafael
Bought by
Batista Nelson

Purchase Details

Closed on
Jul 23, 2004
Sold by
Nadworny Richard C
Bought by
Batista Nelson
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $1,087,250 None Available
Quit Claim Deed $1,087,250 None Available
Quit Claim Deed $1,087,250 None Available
Quit Claim Deed $552,000 --
Quit Claim Deed $552,000 --
Deed $210,000 --
Deed $210,000 --
Foreclosure Deed $346,038 --
Foreclosure Deed $346,038 --
Deed -- --
Deed -- --
Deed $453,000 --
Deed $453,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $513,000 New Conventional
Previous Owner $269,500 No Value Available
Previous Owner $235,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $1,087,250 -1.2% $312 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $1,100,000 +99.3% $316 / Sq Ft
07/24/2017 07/24/17 Sold $552,000 -9.2% $158 / Sq Ft View Prior Sale
05/24/2017 05/24/17 Pending -- -- --
05/18/2017 05/18/17 Price Changed $608,000 -2.7% $175 / Sq Ft
04/20/2017 04/20/17 For Sale $625,000 -- $179 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

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 $9,835 $949,300 $196,400 $752,900
2024 $9,734 $924,400 $180,500 $743,900
2023 $9,200 $825,100 $160,800 $664,300
2022 $9,265 $745,400 $151,100 $594,300
2021 $8,677 $665,900 $124,700 $541,200
2020 $8,063 $601,700 $104,100 $497,600
2019 $7,722 $540,000 $89,400 $450,600
2018 $7,278 $480,400 $97,800 $382,600
2017 $6,343 $406,600 $86,500 $320,100
2016 $5,949 $367,700 $81,900 $285,800
2015 $5,270 $314,600 $70,500 $244,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73322519

MLS Property Information Network (MLS PIN)

APN: LYNN-000037-000768-000025

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