* 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. MaggioOffice: LAER Realty Partners