Under contract

$1,000,050

40 Hamilton Ave, Lynn, MA 01902

7beds

3,274sqft

Est.:

3 Family - 3 Units Up/Down

Built in 1918

-- sqft lot

$1,020,300 Zestimate^®

$305/sqft

$-- HOA

What's special

Large backyardAmple off-street parking

3-Unit Investment at 40 Hamilton Ave, Lynn! Fantastic opportunity for investors or owner-occupants—this multi-unit offers strong rental income potential with 3 units ready to generate cash flow. Benefit from ample off-street parking and a large backyard, a rare find perfect for tenants and added value. Ideally located near public transportation, commuter routes, shopping, dining, and Lynn’s vibrant downtown, with easy access to Boston—making it highly attractive for renters. Whether you’re expanding your portfolio or looking to live in one unit while collecting rents, this property delivers income, convenience, and long-term upside.

17 days

324

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Appliances

Included: Range, Refrigerator

Features

High Speed Internet, Bathroom With Tub, Living Room, Kitchen
Flooring: Tile, Hardwood
Windows: Insulated Windows
Basement: Full,Walk-Out Access,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,274
Total interior livable area: 3,274 sqft
Finished area above ground: 3,274

Property

Parking

Total spaces: 9
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 9

Features

Patio & porch: Porch
Exterior features: Balcony/Deck, Balcony
Fencing: Fenced/Enclosed

Lot

Size: 6,199 Square Feet

Details

Parcel number: 2003984
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1918

Utilities & green energy

Electric: 220 Volts
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Public School

Location

Region: Lynn

Financial & listing details

Price per square foot: $305/sqft
Tax assessed value: $905,700
Annual tax amount: $9,328
Date on market: 5/8/2026
Total actual rent: 6050
Road surface type: Paved

Estimated market value

$1,020,300

$969,000 - $1.07M

$3,205/mo

Price history

Date	Event	Price
5/20/2026	Contingent	$1,000,050$305/sqft
Source: MLS PIN #73514325 Report a problem
5/7/2026	Listed for sale	$1,000,050+700%$305/sqft
Source: MLS PIN #73514325 Report a problem
6/19/2009	Sold	$125,000-66.4%$38/sqft
Source: Public Record Report a problem
3/24/2009	Sold	$371,875+69.8%$114/sqft
Source: Public Record Report a problem
5/29/2008	Listing removed	$219,000$67/sqft
Source: MLS Property Information Network #70615287 Report a problem
5/28/2008	Price change	$219,000-18.6%$67/sqft
Source: MLS Property Information Network #70615287 Report a problem
3/26/2008	Listed for sale	$269,000-10%$82/sqft
Source: MLS Property Information Network Report a problem
12/8/2007	Listing removed	$299,000$91/sqft
Source: VLS Homes Report a problem
11/24/2007	Price change	$299,000-3.2%$91/sqft
Source: VLS Homes Report a problem
11/16/2007	Listed for sale	$309,000-29.8%$94/sqft
Source: VLS Homes Report a problem
10/29/2004	Sold	$440,000+76%$134/sqft
Source: Public Record Report a problem
12/3/2001	Sold	$250,000+400%$76/sqft
Source: Public Record Report a problem
9/16/1994	Sold	$50,000-0.8%$15/sqft
Source: Public Record Report a problem
1/20/1994	Sold	$50,400$15/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,692 +0.1%	$839,000 +1.7%
2024	$8,683 +8.9%	$824,600 +15.4%
2023	$7,970	$714,800
2022	$7,970 +5.7%	$714,800 +23.5%
2021	$7,539 +5.4%	$578,600 +8.4%
2020	$7,156 +5.2%	$534,000 +12.3%
2019	$6,801 +7.8%	$475,600 +14.2%
2018	$6,310 +5%	$416,500 +8.1%
2017	$6,012 +12.1%	$385,400 +16.3%
2016	$5,364 +11%	$331,500 +14.9%
2015	$4,834 +11.3%	$288,600 +13.8%
2014	$4,344 +11.1%	$253,600 +9.8%
2013	$3,909 -1.1%	$230,900 -4.9%
2012	$3,954 +17%	$242,900 +16.6%
2011	$3,380 +9.2%	$208,400 +4.6%
2010	$3,094 -14.6%	$199,200 -30%
2009	$3,625 -21.9%	$284,500 -32.7%
2008	$4,642 +6.3%	$422,800 +0.7%
2007	$4,366 +8.8%	$419,800 +4%
2006	$4,013 +3.8%	$403,700 +6.3%
2005	$3,865 +1%	$379,700 +13.4%
2004	$3,827 +14.5%	$334,800 +32.3%
2003	$3,343 +47.8%	$253,100 +84.2%
2001	$2,262 +15.5%	$137,400 +24.3%
1999	$1,959 -18%	$110,500 -22.5%
1995	$2,390	$142,600

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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