$1,250,000
OPEN SAT 12PM - 1:30PM

81-83 Walnut St Lynn, MA 01905

Lower Boston Street Neighborhood

Estimated payment $7,811/month

Total Views 295
8 Beds
4 Baths
3,482 Sq Ft
$359 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Garage

About This Home

Four-family residential property located in the desirable Lower Pine Hill neighborhood. Built in 1900, this well-maintained multi-family home offers a total of 18 rooms across four separate units, providing a solid income-generating opportunity for investors, owner occupants, and multi-generational living. Detached two car garage + storage. Premier location offers convenient access to public transportation, shopping, parks, and schools, enhancing its appeal. This is a rarely offered opportunity for those seeking to expand their real estate portfolio or live as an owner occupant in the heart of Lynn.

Listing Agent

Drew Boujoulian

Coldwell Banker Realty - Boston Listed on: 06/04/2025

Coldwell Banker Realty - Boston

Co-Listing Agent

Drew Boujoulian

Coldwell Banker Realty - Boston

Co-Listing Agent

Colby Boulay

Coldwell Banker Realty - Boston

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,526

Year Built

  • Built in 1900

Lot Details

  • 3,994 Sq Ft Lot
  • Corner Lot

Parking

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

Home Design

  • Brick Foundation
  • Stone Foundation
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • 4 Heating Zones
  • Separate Meters
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number M:039 B:232 L:020,1992210

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $120,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,526

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Levels: 10
  • Year Built Details: Approximate
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 10

Interior Features

  • Flooring: Wood, Tile, Vinyl, Carpet, Varies, Laminate, Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Finished, Partially Finished, Walk-Out Access, Interior Entry
  • Above Grade Finished Sq Ft: 2858
  • Below Grade Sq Ft: 624
  • Living Area: 3482
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 358.99
  • PRICE PER Sq Ft: 358.99

Exterior Features

  • Foundation Details: Concrete Perimeter, Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:039 B:232 L:020,1992210
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3994
  • Lot Size Units: Acres
  • PAGE: 566

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9526
  • Tax Book Number: 34364

Multi Family

  • Gross Income: 120480
  • Net Operating Income: 120480
  • Number Of Units Total: 4
  • Total Actual Rent: 10040
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 4
  • FLRS 3: 3
  • FLRS 2: 2

Map

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

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $1,250,000 -- $359 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Similar Homes in Lynn, MA

  • 26 Woodman St, Lynn, MA 01905

    $949,999

    • 6 Beds
    • 3 Baths
    • 2,880 Sq Ft
    • 26 Woodman St
    • Lynn, MA

    Great opportunity to own a classic three family home in a prime location in Lynn. This home is situated on a large lot with plenty of parking for up to 8 cars. All units consist of living room, eat in kitchen, full bath and two good size bedroom. . All utilities has been separated. Gas heat for unit one and unit two, unit three is electric with a gas stove, massive basement ready to be finish.

    Rosa Martinez Hacienda Realty

    Section Image
  • 453-455 Summer St, Lynn, MA 01905

    $1,549,000

    • 6 Beds
    • 6 Baths
    • 3,988 Sq Ft
    • 453-455 Summer St
    • Lynn, MA

    Prime Multi-Unit Investment Opportunity in Lynn, MA – This well-maintained multi-family property is perfect for serious investors seeking a high-performing asset. Featuring spacious units with modern updates, hardwood floors, and abundant natural light, this property offers strong rental income potential. Updated kitchens and bathrooms, a basement with separate utilities, and a large backyard add

    Treetop Realty Group Keller Williams Realty

    Section Image
  • 101-103 Lynnway, Lynn, MA 01902

    $1,130,000

    • 8 Beds
    • 3 Baths
    • 3,460 Sq Ft
    • 101-103 Lynnway
    • Lynn, MA

    Attention Buyers and Investors! Presenting 101-103 Lynnway, an exceptional three-family home situated in the sought-after Diamond District of Lynn. This property comprises three generously sized, move-in ready units, each recently modernized to meet current standards. The basement features a shared coin-operated laundry facility, equipped with washers and dryers, along with dedicated storage

    Linlet Patel Tesla Realty Group LLC

    Section Image
  • 124 Williams Ave, Lynn, MA 01902

    $1,100,000

    • 7 Beds
    • 3 Baths
    • 2,864 Sq Ft
    • 124 Williams Ave
    • Lynn, MA

    ****OPEN HOUSE CANCELED... ACCEPTED OFFFER **** Welcome home to 124-126 Williams Ave in vibrant Lynn, MA! This rare opportunity features a single-family and two-family home on one lot—perfect for owner-occupants or investors. Too many updates to list: enjoy brand new kitchens, updated baths, brand new heating systems, hot water tanks, and more. All units have been recently renovated. The property

    William & Veroni Real Estate Team eXp Realty

    Section Image
  • 27 Stephen St, Lynn, MA 01902

    $939,900

    • 8 Beds
    • 3 Baths
    • 3,186 Sq Ft
    • 27 Stephen St
    • Lynn, MA

    ON GOLDFISH POND, this magnificent two and a half style two family offers tremendous space. Features include: wrap around porch in front, high ceilings, crown molding, deck off 2nd level in front overlooking pond, one-way street, the second unit provides two levels with two baths, six bedrooms, den, living and dining room, custom china- closet, foyer, additional space in basement, workshop,

    Joan Regan Century 21 North East

    Section Image
See All Homes in Lynn

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73385358

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Lynn 01905 Lower Boston Street

81-83 Walnut St, Lynn, MA

This home is located at 81-83 Walnut St, Lynn, MA 01905 and is currently priced at $1,250,000, approximately $358 per square foot. This property was built in 1900. 81-83 Walnut St is a home located in Essex County with nearby schools including William R. Fallon School, Sewell-Anderson Elementary School, and Fecteau-Leary Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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
Drew Boujoulian
Listing Agent
Drew Boujoulian
Section Image
Coldwell Banker Realty - Boston
(339) 217-6873