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40 Hamilton Ave., Lynn MA 01902

Lynn, MA 01902
$1,000,050
Est. $6,034/month
7
Beds
3
Baths
3,274
Sq Ft
$305
Price/Sq Ft
0.14
Acres
1918
Year Built
10
Days on Market
Active Open House Listed May 7, 2026 • MLS# 73514325 Copied!

About this home

3-Unit Investment at 40 Hamilton Ave, Lynn! Fantastic opportunity for investors or owner-occupants—this multi-unit offers strong rental income potential with 3 units ready to generate cash flow. Benefit from ample off-street parking and a large backyard, a rare find perfect for tenants and added value. Ideally located near public transportation, commuter routes, shopping, dining, and Lynn’s vibrant downtown, with easy access to Boston—making it highly attractive for renters. Whether you’re expanding your portfolio or looking to live in one unit while collecting rents, this property delivers income, convenience, and long-term upside.

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Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1918
Bedrooms
7
Full Bathrooms
3
Living Area
3,274 sq ft
Total Rooms
17
Stories
3
Levels
3

Open House Schedule

17
May
Sunday, May 17
10:30 AM - 12:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1918
Living Area 3,274 sq ft
Lot Size 0.14 acres
Bedrooms 7
Full Baths 3
Total Rooms 17

Interior

Heating None
Cooling None
Flooring Tile, Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full, Walk-out Access, Concrete, Unfinished
Laundry None
Features High Speed Internet, Bathroom With Tub, Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck, Balcony
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 9

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,329
Assessed Value $905,700

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Refrigerator
Interior Features: High Speed Internet, Bathroom With Tub, Living Room, Kitchen
Windows: Insulated Windows
Basement: Full, Walk-Out Access, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1918
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Balcony
Patio & Porch: Porch
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 9
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

40 Hamilton Ave., Lynn MA 01902

Lynn, MA 01902

Walkability

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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
E

Elementary Schools

10 schools
B-
KIPP Academy Lynn Charter School
0.2 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.7 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
St. Pius V Elementary School
0.8 mi
Grades PK-08
Sacred Heart Elementary School
1.1 mi
Grades PK-08
North Shore Christian School
1.3 mi
Grades PK-08
The Hathaway School
1.4 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
1.9 mi
Grades PK-12
C
Robert L Ford School
0.3 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Rising School
Grades K-05
C-
Cobbet Elementary School
0.3 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Rising School
Grades PK-05
C
Washington Elementary School
0.5 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.1 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
C+
Pickering Middle School
1.3 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
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.4 mi
Grades 06-12
St. Mary's High School
0.4 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
0.8 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
B-
Harold Durgin Success Academy
0.4 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
D
Lynn English High School
0.7 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
C-
Classical High School
1.7 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $777
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

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Current Rate
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Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
May 7, 2026
$1,000,050
Original listing
Agent: Adele Faso Office: eXp Realty

Price & Status History

Date Event Price Change
May 7, 2026 New Listing Added $1,000,050

Market Statistics

Days on Market
10 days
Price per Sq Ft
$305

Tax History

Year Taxes Assessment
2026 $9,329 $905,700

Financial Details

Annual Property Tax
$9,329
Tax Year 2026
Assessed Value
$905,700

Listing Information

Listing Agent Adele Faso
Listing Office eXp Realty
Agent MLS ID CN230037
Office MLS ID AN6820
Listing Data Updated May 11, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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