$915,000
8
Beds
3
Baths
2,465
Living Area
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Property Description
Exceptional opportunity to own a spacious 2-family home with 3 levels of living space in a convenient Lynn location. Perfect for an owner-occupant looking to offset their mortgage with rental income or an investor seeking strong long-term potential. This well-maintained property offers 8 bedrooms, 3 full bathrooms, approximately 2,465 sq. ft. of living space, and off-street parking for up to 4 vehicles. Numerous improvements have been completed over the years, including a roof replaced approximately 3 years ago (per seller). Property is currently occupied and is expected to be delivered vacant at closing, giving the new owner maximum flexibility. Conveniently located near Lynn Common, KIPP Academy, downtown Lynn, MBTA Commuter Rail, shopping, restaurants, and major commuter routes. A rare opportunity you won’t want to miss!
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Highlights
- Area: Lynn Common
- Heating: Baseboard, Natural Gas
- Parking Spots: 4
- Property Type: Multi Family
- Total Rooms: 14
- Status: Closed
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1880
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Additional Details
- Appliances: Refrigerator, Microwave, Washer/Dryer
- Construction: Frame, Stone
- Flooring: Hardwood
- Interior Features: Upgraded Cabinets, Floored Attic, Heated Attic, Living Room, Dining Room, Kitchen
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Unfinished
- Exterior Features: Balcony/Deck, Balcony
- Foundation: Stone, Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Unknown/Mixed
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Public School
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $743,364
- Tax Year: 2025
- Total Rent: $6,500
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $7,701
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