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22 Reed St

Lynn, MA 01905
$1,100,000
6 Beds
3 Baths
3,239 Living Area
  • Property Description
    Exceptional WATERFRONT investment opportunity in Lynn! This triple-decker, set on a DOUBLE SIZED LOT offers three spacious levels of living, each with 2 bedrooms, 1 full bath and their own private decks, creating an appealing blend of traditional New England character and functional multi-family living. Outside, the property truly distinguishes itself. The oversized lot offers an abundance of room for outdoor enjoyment, while a detached two-car garage and additional off-street parking spaces provide a level of parking rarely found with multi-family properties. A full basement adds valuable storage and utility space. Whether you're an investor seeking a substantial income-producing asset or an owner-occupant looking to offset housing costs with rental income, this property offers an impressive foundation and considerable potential. Conveniently located in Lynn's Austin Square neighborhood, with easy access to local shops, restaurants, parks, schools, public transportation, and the amenities of the North Shore and Greater Boston, a property of this size and lot profile is a compelling opportunity to own a truly substantial multi-family asset in Lynn. Property to be conveyed vacant. Buyer and buyer's agent to perform their own due diligence regarding zoning, permitted uses, rental history, and all property information. Showings begin Saturday, October 31!
  • Highlights
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1920
    • Parking Spots: 8
    • Property Type: 3 Family - 3 Units Up/Down
    • Total Rooms: 15
    • Status: Active
  • Additional Details
    • Basement: Full, Interior Entry, Concrete, Unfinished
    • Flooring: Wood, Tile, Carpet
    • Lot Features: Level
    • SqFt Source: Public Record
    • Year Built Details: Unknown/Mixed
    • Zoning: R3
    • Construction: Frame
    • Foundation: Stone, Brick/Mortar
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Covered Parking Spaces: 2
    • Waerfront: Yes
    • Parking Features: Paved Drive, Off Street, Paved
    • Waterfront Features: Waterfront, River
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $891,500
    • Taxes: $9,182
    • Tax Year: 2026

Location

22 Reed St, Lynn, MA 01905

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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 eXp Realty LLC - Corporate Office. 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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