47-49 Michigan Ave, Lynn MA 01902

Lynn, MA 01902
$840,000
Est. $4,471/month
4
Beds
3
Baths
2,482
Sq Ft
$338
Price/Sq Ft
0.11
Acres
1930
Year Built
Multi Family
Type
19
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73357558

About this home

Welcome home to 47-49 Michigan Ave, a charming Colonial-style two-family home nestled in Lynn’s desirable ocean area. Offering 2,482 sq. ft. of living space, each unit features two spacious bedrooms, a full bathroom, and a cozy fireplace, perfect for added warmth and ambiance. The property includes a detached one-car garage with loft storage, providing ample room for storage or a potential workspace. Enjoy the fenced-in backyard, ideal for outdoor gatherings and relaxation. A partially finished basement offers additional versatility to suit your needs. Conveniently located near beaches, parks, and public transportation, this home is a fantastic opportunity for both homeowners and investors. Don’t miss out—schedule a showing today!

Sale Statistics

Sale Overview
Original List Price: $850,000
Final Sale Price: $840,000
Difference: $10,000 (-1.2%)
Performance Metrics
98.8%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $342
Sale $/sq ft: $338
This property sold for $338 per square foot
Sale Summary

This property sold for 1.2% below the original asking price.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1930
Bedrooms
4
Full Bathrooms
3
Living Area
2,482 sq ft
Total Rooms
10
Stories
4
Levels
4

Interior Features

Flooring
Wood
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Partially Finished, Interior Entry, Concrete

Exterior & Structure

Construction Materials
Frame
Roof
Tar/Gravel, Rubber
Foundation
Stone, Brick/Mortar
Exterior Features
Professional Landscaping
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,905 sq ft
Lot Size Area
0.1100
Road Surface Type
Paved

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
1

Utilities & Systems

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

Community & HOA

Community Features
Public Transportation, Shopping, Park, Private School, Public School, Other
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,667
Tax Year
2025
Tax Assessed Value
$740,087
Parcel Number
M:103 B:547 L:013,2001011
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
This is a legal 2 unit. Subject to seller finding suitable housing, will be renting. 1st floor will be delivered vacant. How water on 2nd floor connected to finished basement.

Location

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Neighborhood

47-49 Michigan Ave, 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 $639
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.2%
Price Range
21
Total Days on Market

Property Timeline

Sold
Jul 15, 2025
$840,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Apr 9, 2025
$850,000
Original listing
Agent: Viva Real Estate Team Office: eXp Realty

Price & Status History

Date Event Price Change
Apr 9, 2025 New Listing Added $850,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$338

Tax History

Year Taxes Assessment
2025 $7,667 $740,087

Financial Details

Annual Property Tax
$7,667
Tax Year 2025
Assessed Value
$740,087

Listing Information

Listing Agent Viva Real Estate Team
Listing Office eXp Realty
Agent MLS ID TM327739
Office MLS ID AN6820

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