199 Lynn St, Peabody MA 01960

Peabody, MA 01960
$955,000
Est. $5,083/month
5
Beds
4
Baths
3,296
Sq Ft
$290
Price/Sq Ft
0.28
Acres
1920
Year Built
Multi Family
Type
6
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73373873

About this home

First time on the market in over 45 years! This special multifamily residence has been cherished and meticulously maintained by the same owners for more than four decades. Set on breathtaking professionally landscaped grounds, the property offers a rare blend of space, versatility, and pride of ownership. Each of the two generous units features two full bathrooms, in-unit laundry, and separately metered utilities, making it ideal for both owner-occupants and savvy investors. Unit 1 enjoys exclusive access to the full basement—perfect for additional storage, hobbies, or future expansion. Unit 2 offers access to the attic, providing even more space and flexibility. Whether you're drawn in by the serene outdoor setting or the solid interior layout, this property offers the perfect canvas for your next chapter. Don’t miss this unique opportunity to own a home where care, comfort, and potential come together.

Sale Statistics

Sale Overview
Original List Price: $875,000
Final Sale Price: $955,000
Difference: +$80,000 (+9.1%)
Performance Metrics
109.1%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $265
Sale $/sq ft: $290
This property sold for $290 per square foot
Sale Summary

This property sold for 9.1% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1920
Bedrooms
5
Full Bathrooms
4
Living Area
3,296 sq ft
Total Rooms
13
Stories
2
Levels
2

Interior Features

Flooring
Carpet, Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
4
Appliances
Range, Dishwasher, Disposal, Refrigerator, Microwave
Interior Features
Ceiling Fan(s), Storage, Central Vacuum, Living Room, Dining Room, Kitchen, Family Room, Laundry Room
Laundry Features
Washer Hookup, Dryer Hookup
Basement Details
Interior Entry, Bulkhead

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Balcony/Deck
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.28 acres
Lot Size
12,097 sq ft
Lot Size Area
0.2800
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered

Community & HOA

Community Features
Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,926
Tax Year
2025
Tax Assessed Value
$748,000
Parcel Number
M:0120 B:0126,2110996
Zoning
R1A

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Fireplaces are decorative. Retractable awning over back deck works, however is in need of a new cover. Pictures from unit 2 were taken prior to current tenant.

Location

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Neighborhood

199 Lynn St, Peabody MA 01960

Peabody, MA 01960

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 $577
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.4%
Price Range
8
Total Days on Market

Property Timeline

Sold
Jul 2, 2025
$955,000
Property sold
Days on Market: 8
🏠
Listed for Sale
May 13, 2025
$875,000
Original listing
Agent: LeeAnne Trohon Office: LAER Realty Partners

Price & Status History

Date Event Price Change
May 13, 2025 New Listing Added $875,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$290

Tax History

Year Taxes Assessment
2025 $6,926 $748,000

Financial Details

Annual Property Tax
$6,926
Tax Year 2025
Assessed Value
$748,000

Listing Information

Listing Agent LeeAnne Trohon
Listing Office LAER Realty Partners
Agent MLS ID CT004107
Office MLS ID AN1202

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199 Lynn St, Peabody MA 01960 - Photo 1 199 Lynn St, Peabody MA 01960 - Photo 2 199 Lynn St, Peabody MA 01960 - Photo 3 199 Lynn St, Peabody MA 01960 - Photo 4 199 Lynn St, Peabody MA 01960 - Photo 5 199 Lynn St, Peabody MA 01960 - Photo 6 199 Lynn St, Peabody MA 01960 - Photo 7 199 Lynn St, Peabody MA 01960 - Photo 8 199 Lynn St, Peabody MA 01960 - Photo 9 199 Lynn St, Peabody MA 01960 - Photo 10 199 Lynn St, Peabody MA 01960 - Photo 11 199 Lynn St, Peabody MA 01960 - Photo 12 199 Lynn St, Peabody MA 01960 - Photo 13 199 Lynn St, Peabody MA 01960 - Photo 14 199 Lynn St, Peabody MA 01960 - Photo 15 199 Lynn St, Peabody MA 01960 - Photo 16 199 Lynn St, Peabody MA 01960 - Photo 17 199 Lynn St, Peabody MA 01960 - Photo 18 199 Lynn St, Peabody MA 01960 - Photo 19 199 Lynn St, Peabody MA 01960 - Photo 20 199 Lynn St, Peabody MA 01960 - Photo 21 199 Lynn St, Peabody MA 01960 - Photo 22 199 Lynn St, Peabody MA 01960 - Photo 23 199 Lynn St, Peabody MA 01960 - Photo 24 199 Lynn St, Peabody MA 01960 - Photo 25 199 Lynn St, Peabody MA 01960 - Photo 26 199 Lynn St, Peabody MA 01960 - Photo 27 199 Lynn St, Peabody MA 01960 - Photo 28 199 Lynn St, Peabody MA 01960 - Photo 29 199 Lynn St, Peabody MA 01960 - Photo 30 199 Lynn St, Peabody MA 01960 - Photo 31 199 Lynn St, Peabody MA 01960 - Photo 32 199 Lynn St, Peabody MA 01960 - Photo 33 199 Lynn St, Peabody MA 01960 - Photo 34 199 Lynn St, Peabody MA 01960 - Photo 35 199 Lynn St, Peabody MA 01960 - Photo 36 199 Lynn St, Peabody MA 01960 - Photo 37 199 Lynn St, Peabody MA 01960 - Photo 38 199 Lynn St, Peabody MA 01960 - Photo 39 199 Lynn St, Peabody MA 01960 - Photo 40 199 Lynn St, Peabody MA 01960 - Photo 41 199 Lynn St, Peabody MA 01960 - Photo 42

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