11 Fernwood Ave, Lynn MA 01904

Lynn, MA 01904
$900,000
Est. $4,790/month
6
Beds
3
Baths
2,619
Sq Ft
$344
Price/Sq Ft
0.13
Acres
1920
Year Built
3 Family - 3 Units Up/Down
Type
47
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73267722

About this home

3 FAMILY INVESTMENT PROPERTY IS READY FOR THE NEW OWNER! LOCATION! LOCATION! LOCATION! Welcome to your next investment opportunity nestled near the lake! Nicely maintained 3-family home offers exceptional features perfect for both investors and owner-occupants alike. Each unit boasts 2 bedrooms and in-unit laundry, ensuring convenience and comfort for tenants.Whether you're expanding your investment portfolio or seeking a charming home with income potential, this property offers great possibilities. Don't miss out on this rare opportunity to own a prime location real estate!

Sale Statistics

Sale Overview
Original List Price: $949,000
Final Sale Price: $900,000
Difference: $49,000 (-5.2%)
Performance Metrics
94.8%
List to Sale Ratio
Sold below asking price
47
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $362
Sale $/sq ft: $344
This property sold for $344 per square foot
Sale Summary

This property sold for 5.2% below the original asking price.

The property spent 47 days on market before selling.

Facts & Features

Property Overview

Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
2,619 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Porch, Deck
Has Spa
No
Waterfront Features
1/2 to 1 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,850 sq ft
Lot Size Area
0.1300
Lot Features
Gentle Sloping

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,830
Tax Year
2024
Tax Assessed Value
$743,600
Parcel Number
1989492
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Exclusions
Tenant Personal Belongings

Location

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Neighborhood

11 Fernwood Ave, Lynn MA 01904

Lynn, MA 01904

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $653
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.2%
Price Range
49
Total Days on Market

Property Timeline

Sold
Oct 31, 2024
$900,000
Property sold
Days on Market: 49
🏠
Listed for Sale
Jul 22, 2024
$949,000
Original listing
Agent: Suad Kantarevic Office: Agape Realty Partners, LLC

Price & Status History

Date Event Price Change
Jul 22, 2024 New Listing Added $949,000

Market Statistics

Days on Market
47 days
Price per Sq Ft
$344

Tax History

Year Taxes Assessment
2024 $7,830 $743,600

Financial Details

Annual Property Tax
$7,830
Tax Year 2024
Assessed Value
$743,600

Listing Information

Listing Agent Suad Kantarevic
Listing Office Agape Realty Partners, LLC
Agent MLS ID C0001541
Office MLS ID AN6047

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