$1,149,000
 $6,168 est/mo Sourced by Back At You

162 Washington St,Lynn, MA 01902

Lynn, MA 01902

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Description

Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!

Details

MLS #73546120
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1890
Days On Site79
Listing Provided ByLyv Realty | The Decotis Group

Features

Bed(s)11
Bath(s) 3 Total
SQ Feet4,088
BasementY
Story(s)3
Units3
ZoningR2
Acreage0.08
Water FrontYes

Interior

Rooms Total17
Heating Yes / NoYes
HeatingBaseboard, Natural Gas, Hot Water, Forced Air
Interior FeaturesUpgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
AppliancesRange, Microwave, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringTile, Hardwood

Exterior

Exterior FeaturesBalcony/Deck, Balcony
Construction MaterialsFrame
Foundation DetailsStone, Brick/Mortar
Lot FeaturesCorner Lot, Level

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street, Paved
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount9659
Tax Assessed Value932300
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Park, Laundromat, House of Worship, Public School, T-Station
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$1,149,000
low | high
Med:
$359,900
100% of Average
sqft:
4,088
low | high
Med:
902
100% of Average
$ / sqft:
$281
low | high
Med:
$408
4.776511054561% of Average
On site:
79
low | high
Med:
59.5
100% of Average
Sourced by Back At You

Market Activity 01902

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$1,149,000
low | high
Med:
$359,900
100% of Average
sqft:
4,088
low | high
Med:
902
100% of Average
$ / sqft:
$281
low | high
Med:
$408
4.776511054561% of Average
On site:
79
low | high
Med:
59.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $861K - $1.436M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
9 Hamilton Ave Property Photo 1
$1,175,000
9 Hamilton Ave
Lynn, MA 01902
Listing Updated: September 18, 2026 at 2:40:10 AM PDT