Property is completely vacant. Renovated Turnkey 3-Family Investment Opportunity located just moments from the desirable East Lynn neighborhood. Completely gut-renovated in 2017, this well-maintained property features a fully sprinklered building with two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, each offering modern kitchens and bathrooms, hardwood flooring, and open living/dining layouts. Additional highlights include a large backyard, off-street parking, and strong rental appeal. Ideally situated approximately 1.5 miles from Kings Beach, the property also provides convenient access to the MBTA Commuter Rail station in Lynn, along with nearby Swampscott and the greater North Shore. A fantastic opportunity for investors looking to capitalize on the areas growing rental market with a truly turnkey asset.
For sale
Price cut: $35K (5/6)
$940,000
Lynn, MA 01902
5beds
2,141sqft
Multi Family
Built in 1900
-- sqft lot
$927,700 Zestimate®
$439/sqft
$-- HOA
What's special
Modern kitchens and bathroomsHardwood flooringLarge backyardOff-street parkingFully sprinklered building
- 95 days |
- 542 |
- 16 |
Zillow last checked:
Listed by:
Vincent Rizzo,
Douglas Elliman 617-267-3500
Source: Douglas Elliman,MLS#: 73483241
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
Interior area
- Total structure area: 2,141
- Total interior livable area: 2,141 sqft
Property
Features
- Stories: 3
- Patio & porch: Patio
Lot
- Size: 3,484 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Condition
- Year built: 1900
Community & HOA
Community
- Subdivision: Lynn
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $439/sqft
- Date on market: 3/5/2026
- Lease term: Contact For Details
Estimated market value
$927,700
$881,000 - $974,000
$3,155/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $940,000-3.6%$439/sqft |
Source: MLS PIN #73483241 Report a problem | ||
| 3/30/2026 | Price change | $975,000-2%$455/sqft |
Source: MLS PIN #73483241 Report a problem | ||
| 3/5/2026 | Listed for sale | $995,000+99.4%$465/sqft |
Source: MLS PIN #73483241 Report a problem | ||
| 9/28/2017 | Sold | $499,000+353.6%$233/sqft |
Source: Public Record Report a problem | ||
| 6/2/2017 | Sold | $110,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,498 +1.5% | $820,300 +3.1% |
| 2024 | $8,375 +2.6% | $795,300 +8.6% |
| 2023 | $8,162 | $732,000 |
| 2022 | $8,162 +6.2% | $732,000 +24.1% |
| 2021 | $7,684 +9.4% | $589,700 +12.5% |
| 2020 | $7,022 +1.4% | $524,000 +8.2% |
| 2019 | $6,924 +25.4% | $484,200 +32.9% |
| 2018 | $5,521 +9% | $364,400 +12.2% |
| 2017 | $5,065 +9.2% | $324,700 +13.3% |
| 2016 | $4,639 +6.8% | $286,700 +10.5% |
| 2015 | $4,345 +8.7% | $259,400 +11.1% |
| 2014 | $3,998 +7.9% | $233,400 +6.6% |
| 2013 | $3,706 +4.4% | $218,900 +0.4% |
| 2012 | $3,551 -2% | $218,100 -2.3% |
| 2011 | $3,622 +8.7% | $223,300 +4.1% |
| 2010 | $3,333 +3.9% | $214,600 -14.8% |
| 2009 | $3,208 -16.8% | $251,800 -28.3% |
| 2008 | $3,855 +3.7% | $351,100 -1.7% |
| 2007 | $3,716 +6.6% | $357,300 +1.9% |
| 2006 | $3,487 +6.6% | $350,800 +9.2% |
| 2005 | $3,271 -2.4% | $321,300 +9.5% |
| 2004 | $3,352 +9.3% | $293,300 +26.4% |
| 2003 | $3,066 +63.1% | $232,100 +103.2% |
| 2001 | $1,880 +29% | $114,200 +38.9% |
| 1999 | $1,457 -9.1% | $82,200 -14% |
| 1995 | $1,602 | $95,600 |
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 01902
Nearby schools
GreatSchools rating
- 3/10Ingalls Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 0.6 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 0.9 mi
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A local lender can help you make sure your offer is ready when you are.




