347 Summer St, Lynn MA 01905

Lynn, MA 01905
$1,115,000
Est. $5,934/month
11
Beds
6
Baths
4,214
Sq Ft
$265
Price/Sq Ft
0.11
Acres
1900
Year Built
3 Family - 3 Units Up/Down
Type
18
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73376579

About this home

* Multiple Offer Alert* Highest and Best Due Friday, May 23rd, by 2pm. This sunny and spacious 3-family decker is tucked away from the street, and has been well maintained by the owner. All units are rented with no leases, and current rents are below market with lots of room to grow income here. Comprised of two 4-bedroom units and one 3-bedroom unit, each with 2 full baths, fully applianced eat-in kitchens, hardwood & laminate flooring, and newer exterior decks.The basement offers lots of storage and 2 sets of coin-operated washers and dryers. The shared driveway can accommodate up to 6 cars (2 spots per unit). Group Showing Wed., May 21st, 6 pm to 7 pm- Please register your attendance with listing agent (email or text message).

Sale Statistics

Sale Overview
Original List Price: $1,100,000
Final Sale Price: $1,115,000
Difference: +$15,000 (+1.4%)
Performance Metrics
101.4%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $261
Sale $/sq ft: $265
This property sold for $265 per square foot
Sale Summary

This property sold for 1.4% above the original asking price, indicating strong buyer demand.

With only 18 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
1900
Bedrooms
11
Full Bathrooms
6
Living Area
4,214 sq ft
Total Rooms
18
Stories
3
Levels
3

Interior Features

Flooring
Wood, Vinyl, Hardwood
Heating
Forced Air, Natural Gas, Baseboard
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Other, Trash Compactor
Interior Features
Ceiling Fan(s), Lead Certification Available, Bathroom with Shower Stall, Bathroom With Tub, Living Room, Kitchen, Office/Den
Laundry Features
Gas Dryer Hookup, Washer Hookup
Basement Details
Full, Walk-Out Access, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Rubber
Foundation
Stone
Patio/Porch Features
Deck, Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,813 sq ft
Lot Size Area
0.1100
Lot Features
Easements, Level

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,583
Tax Year
2025
Tax Assessed Value
$925,000
Parcel Number
M:052 B:740 L:024,2006303
Zoning
R4

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Sold As Is - Rubber Roof roughly 10 years old. Driveway and front walk way easement on record. Owner is using basment for personal storage - all items will be removed prior to closing.
Listing Terms
Contract, Deed Restricted (See Remarks)

Location

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Neighborhood

347 Summer St, Lynn MA 01905

Lynn, MA 01905

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 $799
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.3%
Price Range
19
Total Days on Market

Property Timeline

Sold
Aug 1, 2025
$1,115,000
Property sold
Days on Market: 19
🏠
Listed for Sale
May 16, 2025
$1,100,000
Original listing
Agent: Cheryl A. Maggio Office: LAER Realty Partners

Price & Status History

Date Event Price Change
May 16, 2025 New Listing Added $1,100,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$265

Tax History

Year Taxes Assessment
2025 $9,583 $925,000

Financial Details

Annual Property Tax
$9,583
Tax Year 2025
Assessed Value
$925,000

Listing Information

Listing Agent Cheryl A. Maggio
Listing Office LAER Realty Partners
Agent MLS ID BB700458
Office MLS ID AN1201

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