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7-17 Fortesque Terrace

Lynn, MA 01902
$2,343,200
18 Beds
12 Baths
8,400 Living Area
  • Property Description
    Don't miss out on this unique investment opportunity that consists of twelve total units in the form of two - six unit buildings on one parcel of land on a dead end street in Lynn. The first building, nicknamed "the little building" by the current owners, consists of six - one bedroom apartments and two different layouts. The second building, nicknamed "the big building" by the current owners, consists of six (large) - two bedroom apartments and all have the same, or very similar, layouts. Excellent location near restaurants, convenience stores, public transportation, under one mile to the beach, and more. This is a desirable rental neighborhood making this an appealing investment for any investor looking to add to their portfolio.
  • Highlights
    • Heating: Steam
    • Property Type: 5+ Family - 5+ Units Up/Down
    • Year Built: 1900
    • Property Class: Residential Income
    • Total Rooms: 54
    • Status: Closed
  • Additional Details
    • Basement: Full, Unfinished
    • Interior Features: Other (See Remarks)
    • Total Number of Units: 12
    • Year Built Source: Public Records
    • Foundation: Stone, Brick/Mortar
    • Lot Features: Level
    • Year Built Details: Approximate
    • Zoning: R4
  • Amenities
    • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $2,140,400
    • Compensation Based On: Net Sale Price
    • Tax Year: 2023
    • Total Rent: $7,050
    • Buyer Agent Compensation: 2%
    • Facilitator Compensation: 1%
    • Taxes: $23,865

Location

7-17 Fortesque Terrace, 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 Berkshire Hathaway HomeServices Commonwealth Real Estate. 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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