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162 Washington St

Lynn, MA 01902
$1,149,000
11 Beds
3 Baths
4,088 Living Area
  • Property Description
    Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!
  • Highlights
    • Heating: Baseboard, Natural Gas, Hot Water, Forced Air
    • Parking Spots: 3
    • Property Type: 3 Family - 3 Units Up/Down
    • Total Rooms: 17
    • Status: Active
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1890
  • Additional Details
    • Appliances: Range, Microwave, Refrigerator
    • Construction: Frame
    • Flooring: Tile, Hardwood
    • Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Basement: Full, Unfinished
    • Exterior Features: Balcony/Deck, Balcony
    • Foundation: Stone, Brick/Mortar
    • Lot Features: Corner Lot, Level
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: R2
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School, T-Station
    • Waterfront Features: Ocean, 1 to 2 Mile To Beach
    • Parking Features: Paved Drive, Off Street, Paved
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $932,300
    • Taxes: $9,659
    • Tax Year: 2025

Location

162 Washington St, Lynn, MA 01902

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Lyv Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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