344 Essex St, Lynn MA 01902

Lynn, MA 01902
$585,000
Est. $3,114/month
7
Beds
2.5
Baths
2,487
Sq Ft
$235
Price/Sq Ft
0.09
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
13
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73397010

About this home

Multifamily perfect for CONTRACTORS, FLIPPERS or other ALL-CASH buyers looking for next project.Great investment opportunity with *significant upside potential* for those ready to roll up their sleeves. Whether you're looking to renovate & flip, create cash-flowing rental units, or live in 1 unit & rent the other, this is a fantastic opportunity to build equity. House has solid bones & spacious units. 1st floor consists of spacious LR, kitchen, full bath, and 3 to 4 BRs depending on whether you want a separate dining room. 2nd unit consists of a kitchen, LR, dining room, 3 BRs, Flex Room & 1.5 baths. Flex Room on 3rd floor can be used as an exercise area or office or maybe a small sleeping area? Both units have separate utilities. Common laundry & common storage in bsmt. Fenced in backyard. 3 tandem parking spots in driveway! Property sold AS IS & AS SEEN. SELLERS & SELLER AGENT MAKES NO WARRANTIES OR REPRESENTATIONS! CASH BUYER ONLY! Buyer responsible for obtaining smoke certificate

Sale Statistics

Sale Overview
Original List Price: $594,900
Final Sale Price: $585,000
Difference: $9,900 (-1.7%)
Performance Metrics
98.3%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $239
Sale $/sq ft: $235
This property sold for $235 per square foot
Sale Summary

This property sold for 1.7% below the original asking price.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
7
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,487 sq ft
Total Rooms
13
Stories
3
Levels
3

Interior Features

Flooring
Vinyl, Varies, Wood
Heating
Central
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Oven, Microwave, Refrigerator
Interior Features
Ceiling Fan(s), Storage, Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room, Office/Den
Laundry Features
Washer Hookup
Basement Details
Partial, Interior Entry, Bulkhead, Concrete, Unfinished
Window Features
Insulated Windows

Exterior & Structure

Roof
Shingle, Rubber
Foundation
Stone, Irregular
Exterior Features
Rain Gutters
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,920 sq ft
Lot Size Area
0.0900
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Tandem, Paved

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, Circuit Breakers, 100 Amp Service, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,480
Tax Year
2025
Tax Assessed Value
$625,455
Parcel Number
083609024,2003091
Zoning
R4

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Property being sold AS IS. No updates will be made. Basement needs additional structural support Price reflects the work that needs to be done. Being sold as is with no warranties or guarantees expressed or implied. Buyer and buyer's agent to perform due diligence to verify all listing information
Listing Terms
Contract

Location

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Neighborhood

344 Essex St, Lynn MA 01902

Lynn, MA 01902

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 $540
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.7%
Price Range
14
Total Days on Market

Property Timeline

Sold
Aug 22, 2025
$585,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Jun 26, 2025
$594,900
Original listing
Agent: Steven Mango Office: StartPoint Realty

Price & Status History

Date Event Price Change
Jun 26, 2025 New Listing Added $594,900

Market Statistics

Days on Market
13 days
Price per Sq Ft
$235

Tax History

Year Taxes Assessment
2025 $6,480 $625,455

Financial Details

Annual Property Tax
$6,480
Tax Year 2025
Assessed Value
$625,455

Listing Information

Listing Agent Steven Mango
Listing Office StartPoint Realty
Agent MLS ID CN234978
Office MLS ID AN5803

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