Property Description
A rare turnkey 3-family investment opportunity moments from the desirable East Lynn neighborhood. Completely gut-renovated in approximately 2017 and meticulously maintained, this fully sprinklered property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit -- each thoughtfully updated with modern kitchens and bathrooms, hardwood flooring, and open-concept living and dining layouts. Additional highlights include a generous backyard, off-street parking, and strong rental demand in one of the North Shore's most rapidly growing markets. Ideally situated approximately 1.5 miles from the beautiful Kings Beach and just minutes from the MBTA Commuter Rail station in Lynn -- with convenient access to Swampscott and the broader North Shore corridor. Whether you are an end user or a seasoned investor, this is a truly turnkey asset offering immediate income potential and exceptional long-term upside. Opportunities like this don't come along often.
Overview
Property Type
Multi-family
Location
7 Ward St., Lynn, MA 01902
Year Built
1900
Zoning
R2
MLS ID
73549163
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
5
Full Bathrooms
3
Flooring
Wood, Vinyl
Exterior
Stories
3
Water Source
Public
Utilities
for Gas Range
Roof
Shingle
Lot Features
Cleared, Level
Parking
Paved Drive, Off Street
Sewer
Public Sewer
Substructure
Block, Brick/Mortar
Other Exterior Features
Rain Gutters, Decorative Lighting
Details
Total Area
2,141 Sq.Ft.
Water Frontage
Ocean, Beach Ownership(Public)
Financial
Price
$899,999
Real Estate Tax
$8,498/yr
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