NOT LISTED FOR SALE

Estimated Value: $954,000 - $982,000

6 Beds
3 Baths
2,697 Sq Ft
$360/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $946,000 $351 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,152/month

7 Days on Market

Highlights

  • Deck
  • Solid Surface Countertops
  • Living Room
  • Wood Flooring
  • Bathtub with Shower
  • 3-minute walk to Cook Street Park

About This Home

As of April 2024

Are you tired of looking at outdated multifamily homes? This is specially for you, all 3 units tastefully remodeled. This home has 2 bedrooms each floor a full bath, in unit laundry, hardwood floors and tile, SS appliances, granite counter tops, a welcoming open floor plan, living room and eat-in kitchen with a nice breakfast bar. Very well-located, ease access to schools, public transportation, pharmacies, gym and park. This beautiful home also has a great amount of off street parking. don't miss our open on 03/03/24 11:30 to 2pm.

Last Agent to Sell the Property

Denis Freitas

Simple Key Realty Inc. Listed on: 02/26/2024

Last Buyer's Agent

Jennifer Salomon

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,625

Year Built

  • Built in 1880

Lot Details

  • 4,972 Sq Ft Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 2,697 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Total Actual Rent $6,300
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:084 B:703 L:023,2005190

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park

Building Details

  • Operating Expense $4,500
  • Net Operating Income $75,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,625

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Upgraded Countertops, Living Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full
  • Living Area: 2697
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6807
  • LIST PRICE PER Sq Ft: 348.5
  • PRICE PER Sq Ft: 350.76
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Heating: Baseboard, Natural Gas
  • Electric: Circuit Breakers, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Park
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:084 B:703 L:023,2005190
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4972
  • Lot Size Units: Acres
  • PAGE: 63
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7625
  • Tax Book Number: 37538

Multi Family

  • Gross Income: 75600
  • Net Operating Income: 75600
  • Number Of Units Total: 3
  • Operating Expense: 4500
  • Total Actual Rent: 6300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2003
Sold by
Silva Deocelio A and Nascimento Jerusa G
Bought by
Delacruz Marilyn and Tejada Temistocle A
Total Days on Market
7
Current Estimated Value
$969,691

Purchase Details

Closed on
Jan 3, 2001
Sold by
Rogers Robert
Bought by
Nascimento Jerusa G and Silva Deocelio A

Purchase Details

Closed on
Jun 9, 2000
Sold by
Khan Mohammed Zarin
Bought by
Rogers Robert

Purchase Details

Closed on
Apr 16, 1996
Sold by
Jan Mohammad A
Bought by
Khan Mohammad

Purchase Details

Closed on
Aug 4, 1995
Sold by
Cataldo Robert J
Bought by
Jan Mohammad A
Source: Public Records

Similar Homes in Lynn, MA

  • 7 Prince St, Lynn, MA 01902

    $798,000

    • 5 Beds
    • 2 Baths
    • 2,174 Sq Ft
    • 7 Prince St
    • Lynn, MA

    Updated and spacious 2 family in Lynn. Tastefully remodeled with new appliances, new electric energy heat pumps, new kitchen cabinet and quartz countertops. Perfect for homeowners looking to offset cost of mortgage with rental income and savvy investors alike. Don't miss the opportunity to make this beauty your own!

    Corey Anderson Lamacchia Realty, Inc.

    Section Image
  • 122 Jefferson St, Lynn, MA 01902

    $849,900

    • 6 Beds
    • 3 Baths
    • 2,400 Sq Ft
    • 122 Jefferson St
    • Lynn, MA

    Excellent condition Multi-Family in Lynn Highlands. Recently updated and has been meticulously cared for and maintained over the years. Both units have updated kitchens and baths with new stainless steel appliances and new cabinets. All 3 bathrooms have been updated and are also new. Apt 1 on 1st floor has hot water baseboard by gas and has 2 bedrooms and 1 bathroom and hardwood floors

    Chris Blasczak Liberty Residential Realty, LLC

    Section Image
  • 75 Sheridan St, Lynn, MA 01902

    $824,000

    • 4 Beds
    • 3 Baths
    • 2,058 Sq Ft
    • 75 Sheridan St
    • Lynn, MA

    This is your second chance at this well-maintained two-family home! Currently home to a licensed family daycare and lead-certified, this multi-family residence is an excellent choice for owner-occupants. Live in one unit while renting out the other to build long-term wealth and financial stability. Motivated Sellers. Make an Offer!OH Friday 5/16 from 6pm-7:30pm, Saturday 5/17 from 12pm-3pm, and

    Blanca Reyes Esquilin eXp Realty

    Section Image
  • 347 Chestnut St, Lynn, MA 01902

    $800,000

    • 6 Beds
    • 2 Baths
    • 2,688 Sq Ft
    • 347 Chestnut St
    • Lynn, MA

    Welcome to 347 Chestnut St, a charming multi-family residence nestled in the vibrant city of Lynn, MA. This property offers a spacious living environment with a total of 2,688 square feet, encompassing an impressive layout, perfect for versatile living arrangements. With three generously sized bedrooms in each unit and well-appointed bathrooms, this home provides ample space for families or those

    Team Legacy Compass

    Section Image
  • 315-317 Chestnut St, Lynn, MA 01902

    $749,000

    • 6 Beds
    • 3 Baths
    • 2,208 Sq Ft
    • 315-317 Chestnut St
    • Lynn, MA

    Best & Final Tuesday May 13th @ 12 Noon. This move-in ready two-unit property is a rare find, offering an unbeatable combination of location, updates, and investment potential. Perfectly situated near Keaney Park, Lynn English High School, COMPARE Supermarket, popular restaurants, grocery stores, and gas stations — you’ll be living (or renting) in the heart of where everything is happening! ,

    Julio Carrera USA Realty LLC

    Section Image
  • 39-41 Rock Ave, Lynn, MA 01902

    $850,000

    • 6 Beds
    • 3 Baths
    • 3,408 Sq Ft
    • 39-41 Rock Ave
    • Lynn, MA

    PRICE IMPROVEMENT on your next investment!! This spacious three family home is ready for you to maximize its potential. Featuring off-street parking and a layout that provides flexibility for future updates, this home is perfectly positioned near public transportation, major routes, shopping, dining, and Lynn’s growing arts and cultural scene. Just a short distance from Kings Beach, commuter rail

    Samuel Merida eXp Realty

    Section Image
  • 12 Chestnut Ave, Lynn, MA 01902

    $869,000

    • 6 Beds
    • 3 Baths
    • 2,239 Sq Ft
    • 12 Chestnut Ave
    • Lynn, MA

    Don’t miss out on this opportunity to own a fully remodeled property featuring luxury, high-end finishes across three levels, and extras galore! Units feature an open concept floor plan complemented with high efficiency mini-splits units providing heating and cooling, kitchens boasts quartz counter tops, soft closing cabinetry, and washer/dryer hook-ups on all three floors. The bathrooms are a

    Pedro Calcano William Raveis R.E. & Home Services

    Section Image
  • 42 Valley Ave, Lynn, MA 01902

    $825,000

    • 6 Beds
    • 3 Baths
    • 2,388 Sq Ft
    • 42 Valley Ave
    • Lynn, MA

    Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be

    Jose Reyes Re-yes Real Estate

    Section Image
  • 6 Carlton St, Lynn, MA 01902

    $750,000

    • 4 Beds
    • 2.5 Baths
    • 2,166 Sq Ft
    • 6 Carlton St
    • Lynn, MA

    Don’t Miss This Stylish Two-Family Home!Nestled on a quiet street with scenic city/town views, this modern two-family offers the perfect blend of comfort and style. Enjoy warm summer evenings on your private deck. Basement includes a half bath and offers plenty of room for added living space, a home office, or the ultimate man cave. Property is being sold as is.Open House:Saturday: 11 AM – 1

    Blanca Reyes Esquilin eXp Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Delacruz Marilyn $369,000 --
Delacruz Marilyn $369,000 --
Nascimento Jerusa G $159,900 --
Nascimento Jerusa G $159,900 --
Rogers Robert $80,000 --
Rogers Robert $80,000 --
Khan Mohammad $60,000 --
Khan Mohammad $60,000 --
Jan Mohammad A $30,000 --
Jan Mohammad A $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bey Crystal $878,750
Closed Bey Crystal $878,750
Closed Gama Hermilo N $100,000
Closed Nardi-Gama Hermilio $484,500
Closed Jan Mohammad A $77,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $946,000 +0.6% $351 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $939,900 +84.3% $348 / Sq Ft
05/28/2019 05/28/19 Sold $510,000 -11.8% $189 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $578,000 +13.3% $214 / Sq Ft
11/19/2018 11/19/18 Off Market $510,000 -- --
11/10/2018 11/10/18 For Sale $578,000 -- $214 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $8,756 $845,200 $202,000 $643,200
2024 $7,625 $724,100 $182,300 $541,800
2023 $7,442 $667,400 $182,300 $485,100
2022 $7,354 $591,600 $156,500 $435,100
2021 $6,894 $529,100 $136,000 $393,100
2020 $5,645 $421,300 $106,200 $315,100
2019 $5,560 $388,800 $103,600 $285,200
2018 $5,183 $342,100 $100,100 $242,000
2017 $4,817 $308,800 $77,800 $231,000
2016 $4,398 $271,800 $65,600 $206,200
2015 $4,070 $243,000 $66,900 $176,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73205532

MLS Property Information Network (MLS PIN)

APN: LYNN-000084-000703-000023