204 Eastern Avenue, Lynn MA 01902
Lynn, MA 01902
$1,399,999
Est. $76,346/month
About this home
Exceptional Turnkey Multi-Family Opportunity on the Lynn/Swampscott Line! This fully renovated legal 3-family property offers outstanding flexibility for investors or owner-occupants. Featuring 7 bedrooms & 5 full baths, the home includes beautifully updated units with bright living spaces, eat-in kitchens, white cabinetry, quartz countertops, stainless steel appliances, and stylish modern finishes throughout. Bathrooms showcase today's sought-after design with oversized showers & elegant gray-and-white décor. The finished attic provides additional living space with a bedroom, flex room, full bath, and kitchenette. Enjoy five maintenance-free composite decks, a fenced yard, updated windows, newly redone walkways, & low-maintenance vinyl siding w/stone accents. Ample parking includes a 2-car garage plus additional off-street spaces for up to 5 vehicles. Conveniently located near shopping, restaurants, beaches, & the Swampscott Commuter Rail. A rare move-in-ready investment opportunity.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
39.3%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Jun 25, 2026
$1,399,999
Original listing
Agent: Nikki Martin Team
Office: Compass
Previous Transaction - MLS #73064983
Full transaction history available when tracking began
Previously Sold
Mar 29, 2024
$850,000
MLS #73064983
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/25/2026 | 🏠 Listed for Sale | $1,399,999 | - | - | Original listing |
| 03/29/2024 | 🏷️ Previously Sold | $850,000 | - | - | MLS #73064983 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $828,800 | $621,700 |
Financial Details
Annual Property Tax
$828,800
Tax Year 2026
Assessed Value
$621,700
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1880
Living Area
3,567 sq ft
Lot Size
0.12 acres
Bedrooms
7
Full Baths
5
Total Rooms
18
Investment Metrics
Units
5
Unit 1 Rent
$2,200/mo · N
Unit 2 Rent
$2,000/mo · N
Unit 3 Rent
— · N
Total Monthly Rent
$4,200/mo
Gross Income
$141,600
Net Operating Income
$122,338
Operating Expenses
$19,262
Water/Sewer Expense
$1,300
Electric Expense
$600
Insurance Expense
$3,878
Cap Rate
8.74%
Interior
Heating
Steam, Oil, Electric, Hot Water, Natural Gas
Cooling
None
Flooring
Hardwood
Appliances
Washer, Dryer, Range, Refrigerator
Fireplace
None
Basement
Full
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Professional Landscaping
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck - Composite
Parking
Garage Spaces
2
Has Garage
Yes
Features
None
Total Spaces
5
Utilities
Electric
Circuit Breakers, 200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Oven
Financial
Annual Tax
$828,800
Assessed Value
$621,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Measurements Are For Marketing Purposes Only, Buyers And Buyers Agents To Due Their Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
grey/stone
Sq Ft Source
Owner
Sq Ft Disclosures
buyer to do due diligence on the square footage
Documents
None
County
Essex
Total market time (incl. prior listings)
39 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
7
Full Bathrooms
5
Living Area
3,567 sq ft
Total Rooms
18
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,567 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck - Composite
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Washer, Dryer, Range, Refrigerator
Interior Features:
Living Room, Kitchen
Windows:
Insulated Windows
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
6
Heating, Cooling & Utilities
Heating:
Steam, Oil, Electric, Hot Water, Natural Gas
Heating Zones:
3
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Professional Landscaping
Patio & Porch:
Porch, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Cleared
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
5
Parking Features:
Nearby Schools
School District
Lynn School District local
D
School Safety
2024-25
3.5%
Above Average
3.0%
Suspensions
0.3%
In-School
0.1%
Expulsions
0.4%
Emergency
2.0% below state avg
Elementary Schools
3 schools
The Hathaway School
0.2 mi
Grades PK-08
C-
Ingalls School
0.5 mi
|
#673 of 824
|
Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students
Moderate
Rising School
Grades K-05
C-
Brickett Elementary School
0.5 mi
|
#688 of 824
|
Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students
Moderate
Rising School
Grades K-05
Middle Schools
3 schools
C-
Thurgood Marshall Middle School
0.2 mi
|
#311 of 352
|
Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students
Moderate
Rising School
Grades 06-08
B+
Swampscott Middle School
1.2 mi
|
#122 of 352
|
Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students
Moderate
Grades PK-08
C+
Pickering Middle School
1.9 mi
|
#226 of 352
|
Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students
Diverse
Rising School
Grades 06-08
High Schools
3 schools
A-
Swampscott High School
0.6 mi
|
#98 of 346
|
Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students
Moderate
18 sports
• 1,578 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
D
Lynn English High School
0.9 mi
|
#318 of 346
|
Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students
Moderate
18 sports
• 1,425 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
B
Fredrick Douglass Collegiate Academy
1.2 mi
|
#12 of 25
|
Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students
Moderate
Early College Program
Rising School
Grades 06-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$69,067
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
Loading map...
Neighborhood
204 Eastern Avenue, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
Nikki Martin Team
Listing Office
Compass
Office Phone
617-206-3333
Agent MLS ID
TM332100
Office MLS ID
AN2383
Listing Data Updated
Aug 3, 2026 2:08 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Lynn.