Description
NEW PRICE, NEW OPPORTUNITY in Lynn's Diamond District! This LEGAL 3-family offers 3,064 sq ft of living space and a rare combination of coastal lifestyle, flexible living, and income potential. The impressive owner's residence spans the 2nd and 3rd floors with 4 bedrooms, 2 renovated baths, a beautifully updated kitchen, soaring ceilings, hardwood floors, a 9x12 laundry room, and 2 private decks with ocean views. The 1st-floor residence features a renovated kitchen, 1 bedroom, 1.5 baths, high ceilings, period details, and a spacious front porch. The ground level offers a separate 2-room studio, providing additional flexibility and rental potential. A 1-car garage plus 5 off-street parking spaces adds even more value. Live in the expansive owner's unit while rental income from the other two residences helps offset the cost of ownership. Just steps from Lynn Shore Drive Promenade, King's Beach, Red Rock Park, and local restaurants, this is a unique opportunity to own a multi-family property near the ocean with space, income potential, and lifestyle all in one.
Details
| MLS # | 73524847 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 115 |
| Listing Provided By | William Raveis R.E. & Home Services | Sean K Connelly |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,064 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 4 |
| Units | 3 |
| Zoning | R2 |
| Acreage | 0.09 |
| Water Front | Yes |
Interior
| Rooms Total | 12 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s), Ductless |
| Heating Yes / No | Yes |
| Heating | Electric, Natural Gas |
| Interior Features | Ceiling Fan(s), Bathroom with Shower Stall, Pantry, Crown Molding, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Dining Room, Family Room, Laundry Room, Mudroom |
| Window Features | Stained Glass Window(s), Box/Bay/Bow Window(s), Insulated Windows |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Flooring | Tile, Hardwood, Stone/Ceramic Tile |
Exterior
| Exterior Features | Balcony/Deck, Rain Gutters, Sprinkler System |
|---|---|
| Roof | Shingle, Rubber |
| Construction Materials | Frame |
| Foundation Details | Stone |
| Lot Features | Corner Lot, Level |
| Fencing | Fenced |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Paved Drive, Off Street, Tandem |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range, for Electric Range |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 11463.9 |
|---|---|
| Tax Assessed Value | 1113000 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Shopping, Park, House of Worship, Marina, Public School, T-Station, University |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01902 |
| Area | Diamond District |
| Listing VS Median (in 01902) | |
Price: $1,175,000 low | high Med: $399,000 sqft: 3,064 low | high Med: 1,887 $ / sqft: $383 low | high Med: $292 On site: 115 low | high Med: 1783.5 | |
Market Activity 01902
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01902 |
| Area | Diamond District |
| Listing VS Median (in 01902) | |
Price: $1,175,000 low | high Med: $399,000 sqft: 3,064 low | high Med: 1,887 $ / sqft: $383 low | high Med: $292 On site: 115 low | high Med: 1783.5 | |
 | $989,00052 Eastern AveLynn, MA 01902 |