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199 Lynn St

Peabody, MA 01960
$955,000
5 Beds
4 Baths
3,296 Living Area
  • Property Description
    First time on the market in over 45 years! This special multifamily residence has been cherished and meticulously maintained by the same owners for more than four decades. Set on breathtaking professionally landscaped grounds, the property offers a rare blend of space, versatility, and pride of ownership. Each of the two generous units features two full bathrooms, in-unit laundry, and separately metered utilities, making it ideal for both owner-occupants and savvy investors. Unit 1 enjoys exclusive access to the full basement—perfect for additional storage, hobbies, or future expansion. Unit 2 offers access to the attic, providing even more space and flexibility. Whether you're drawn in by the serene outdoor setting or the solid interior layout, this property offers the perfect canvas for your next chapter. Don’t miss this unique opportunity to own a home where care, comfort, and potential come together.
  • Highlights
    • Heating: Baseboard, Natural Gas
    • Parking Spots: 6
    • Property Type: Multi Family
    • Total Rooms: 13
    • Status: Closed
    • Levels: 2
    • Property Class: Residential Income
    • Stories: 2
    • Year Built: 1920
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Refrigerator, Microwave
    • Construction: Frame
    • Fireplaces: 4
    • Foundation: Stone
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: R1a
    • Basement: Interior Entry, Bulkhead
    • Exterior Features: Balcony/Deck
    • Flooring: Carpet, Hardwood
    • Interior Features: Ceiling Fan(s), Storage, Central Vacuum, Living Room, Dining Room, Kitchen, Family Room, Laundry Room
    • Roof: Shingle
    • Total Number of Units: 2
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: Circuit Breakers, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $748,000
    • Tax Year: 2025
    • Total Rent: $2,800
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water)
    • Taxes: $6,926

Location

199 Lynn St, Peabody, MA 01960

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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 Broad Sound Real Estate, LLC. 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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