Sold!
$780,000
5
Beds
2
Baths
2,366
Living Area
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Property Description
This attractive two-family home in Lynn, Massachusetts, is back on the market due to a delay in the previous buyer's 1031 exchange and offers a unique opportunity for both investors and those seeking a primary residence with rental income potential. Featuring a semi-finished basement and walk-up attic ready for transformation into additional living spaces, the first unit includes two bedrooms and one bathroom, while the second offers three bedrooms and one bathroom. The property also boasts practical amenities such as a two-car garage and energy-efficient solar panels leased from Sunnova, reducing utility costs with a monthly solar contract of $105.95 to be assumed by the new owner. Sold as-is, this home is perfect for maximizing rental yields or enjoying a mix of personal use and income generation, making it a smart investment in a desirable, sustainability-focused home.
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Highlights
- Heating: Steam, Oil
- Property Class: Residential Income
- Total Rooms: 11
- Status: Closed
- Parking Spots: 5
- Property Type: Multi Family
- Year Built: 1900
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Additional Details
- Appliances: Washer, Dryer, Microwave, Refrigerator, Freezer
- Construction: Frame
- Foundation: Block
- Lot Features: Gentle Sloping
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Partially Finished, Walk-Out Access
- Exclusions: Tenants Belongings
- Interior Features: Laundry Room, Living Room, Dining Room, Kitchen
- Roof: Shingle
- Year Built Details: Actual
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Park
- Parking Features: Paved Drive, Off Street, Tandem, Paved
- Covered Parking Spaces: 2
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $730,400
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $2,000
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water)
- Taxes: $7,691
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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.
