316 Essex Street, Lynn MA 01902

Lynn, MA 01902
$1,110,000
Est. $5,908/month
8
Beds
3
Baths
3,473
Sq Ft
$320
Price/Sq Ft
0.12
Acres
1876
Year Built
3 Family - 3 Units Up/Down
Type
17
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73337231

About this home

SPECTACULAR 3 FAMILY HOME-A TURNKEY INVESTMENT OPPORTUNITY!!! Welcome to this stunning 3 family home, meticulously renovated from top to bottom just one year AGO! This impressive property boasts brand-new kitchens withquartz countertops new bathrooms and entirely new plumbing throughout the house. Convenient public laundry hookups are located in the basement, and beautiful hardwood floors adorn the entirety of the home. The first and second floors are rented for $3,000 each, with tenancy at will, providing a steady income stream. The third floor is vacant and ready for you to occupy, offering the perfect opportunity to live in one unit and rent out the others. Conveniently located close to shops and restaurants, this home is perfectly situated for easy access to all the amenities you need. Don't miss this incredible opportunity to own a turnkey 3-family home that's sure to appreciate over time. With its unique blend of modern updates and classic charm, this property is a rare find

Sale Statistics

Sale Overview
Original List Price: $999,900
Final Sale Price: $1,110,000
Difference: +$110,100 (+11.0%)
Performance Metrics
111.0%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $288
Sale $/sq ft: $320
This property sold for $320 per square foot
Sale Summary

This property sold for 11.0% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1876
Bedrooms
8
Full Bathrooms
3
Living Area
3,473 sq ft
Total Rooms
14
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Full

Exterior & Structure

Foundation
Stone, Brick/Mortar
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,444 sq ft
Lot Size Area
0.1200

Parking & Garage

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

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,740
Tax Year
2025
Tax Assessed Value
$645,900
Parcel Number
2003108
Zoning
R4

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
surveillance cameras in the Property, 7 Pictures are Virtually staged, Seller maybe doing a 1031 Exchange, House on the Back has a Right a way, Parking on the Front is Split the the House on the Right.
Exclusions
Laundry

Location

Loading map...

Neighborhood

316 Essex Street, Lynn MA 01902

Lynn, MA 01902

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $728
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.9%
Price Range
19
Total Days on Market

Property Timeline

Sold
Apr 10, 2025
$1,110,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Feb 21, 2025
$999,900
Original listing
Agent: Jorge Betancur Office: Century 21 Mario Real Estate

Price & Status History

Date Event Price Change
Feb 21, 2025 New Listing Added $999,900

Market Statistics

Days on Market
17 days
Price per Sq Ft
$320

Tax History

Year Taxes Assessment
2025 $8,740 $645,900

Financial Details

Annual Property Tax
$8,740
Tax Year 2025
Assessed Value
$645,900

Listing Information

Listing Agent Jorge Betancur
Listing Office Century 21 Mario Real Estate
Agent MLS ID CT002273
Office MLS ID BB2945

Similar Homes

316 Essex Street, Lynn MA 01902 - Photo 1 316 Essex Street, Lynn MA 01902 - Photo 2 316 Essex Street, Lynn MA 01902 - Photo 3 316 Essex Street, Lynn MA 01902 - Photo 4 316 Essex Street, Lynn MA 01902 - Photo 5 316 Essex Street, Lynn MA 01902 - Photo 6 316 Essex Street, Lynn MA 01902 - Photo 7 316 Essex Street, Lynn MA 01902 - Photo 8 316 Essex Street, Lynn MA 01902 - Photo 9 316 Essex Street, Lynn MA 01902 - Photo 10 316 Essex Street, Lynn MA 01902 - Photo 11 316 Essex Street, Lynn MA 01902 - Photo 12 316 Essex Street, Lynn MA 01902 - Photo 13 316 Essex Street, Lynn MA 01902 - Photo 14 316 Essex Street, Lynn MA 01902 - Photo 15 316 Essex Street, Lynn MA 01902 - Photo 16 316 Essex Street, Lynn MA 01902 - Photo 17 316 Essex Street, Lynn MA 01902 - Photo 18 316 Essex Street, Lynn MA 01902 - Photo 19 316 Essex Street, Lynn MA 01902 - Photo 20 316 Essex Street, Lynn MA 01902 - Photo 21 316 Essex Street, Lynn MA 01902 - Photo 22 316 Essex Street, Lynn MA 01902 - Photo 23 316 Essex Street, Lynn MA 01902 - Photo 24 316 Essex Street, Lynn MA 01902 - Photo 25 316 Essex Street, Lynn MA 01902 - Photo 26 316 Essex Street, Lynn MA 01902 - Photo 27 316 Essex Street, Lynn MA 01902 - Photo 28 316 Essex Street, Lynn MA 01902 - Photo 29 316 Essex Street, Lynn MA 01902 - Photo 30 316 Essex Street, Lynn MA 01902 - Photo 31 316 Essex Street, Lynn MA 01902 - Photo 32 316 Essex Street, Lynn MA 01902 - Photo 33 316 Essex Street, Lynn MA 01902 - Photo 34 316 Essex Street, Lynn MA 01902 - Photo 35 316 Essex Street, Lynn MA 01902 - Photo 36 316 Essex Street, Lynn MA 01902 - Photo 37 316 Essex Street, Lynn MA 01902 - Photo 38 316 Essex Street, Lynn MA 01902 - Photo 39 316 Essex Street, Lynn MA 01902 - Photo 40 316 Essex Street, Lynn MA 01902 - Photo 41 316 Essex Street, Lynn MA 01902 - Photo 42

Contact Agent

Schedule a Tour