$3,100,000
 $16,641 est/mo Sourced by Back At You

71 Harwood St,Lynn, MA 01902

Lynn, MA 01902

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Description

Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.

Details

MLS #73561330
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1905
Days On Site48
Listing Provided ByLamacchia Realty, Inc. | Katy Loucks

Features

Bed(s)12
Bath(s) 12 Total
SQ Feet10,224
BasementY
Story(s)3
Units12
ZoningR4
Acreage0.18

Interior

Rooms Total36
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Tile, Vinyl

Exterior

RoofRubber
Construction MaterialsFrame
Foundation DetailsStone

Parking

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

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount24526
Tax Assessed Value2367400
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Park, Public School
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$3,100,000
low | high
Med:
$354,500
100% of Average
sqft:
10,224
low | high
Med:
868
100% of Average
$ / sqft:
$303
low | high
Med:
$415
13.292230405225% of Average
On site:
48
low | high
Med:
10.5
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:
$3,100,000
low | high
Med:
$354,500
100% of Average
sqft:
10,224
low | high
Med:
868
100% of Average
$ / sqft:
$303
low | high
Med:
$415
13.292230405225% of Average
On site:
48
low | high
Med:
10.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.325M - $3.875M
sqft: 7,500 - 12,500
Nearby Listings Property ImageNearby Listings Details
139 Franklin Street # 5 Property Photo 1
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69 N Common St # 39
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69 North Common Street # 35 Property Photo 1
$1,000
69 North Common Street # 35
Lynn, MA 01902
140 S Common St # 3 Property Photo 1
$3,000
140 S Common St # 3
Lynn, MA 01902
Listing Updated: September 19, 2026 at 2:22:08 AM PDT