47 Trinity Ave, Lynn MA 01902

Lynn, MA 01902
$820,000
Est. $4,364/month
6
Beds
3
Baths
2,976
Sq Ft
$276
Price/Sq Ft
0.05
Acres
1880
Year Built
3 Family
Type
21
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73343616

About this home

Offer deadline Tuesday March 18, 3PM. Investment Opportunity: 3-Family Home Just 15 Minutes from Boston**Discover a fantastic investment opportunity with this charming 3-family home, located in a rapidly growing city Perfect for frugal buyers and savvy investors, this property is ideally situated near the commuter rail, providing easy access to the city while being minutes away from lynn & Revere beautiful beaches and a vibrant selection of restaurants. As the city continues to develop, demand for rental properties is on the rise, making this an ideal time to invest on 3 DECKER, while the house could benefit from some updates, it offers a unique chance to add value and enhance rental income potential. Each unit offers a cozy layout, creating a comfortable living environment for tenants. Key Features: Three units with excellent rental potential with minimum update, Located just 15 minutes from Boston, 10 minutes from wonderland station, Short distance from lynn Commuter rail.

Sale Statistics

Sale Overview
Original List Price: $767,000
Final Sale Price: $820,000
Difference: +$53,000 (+6.9%)
Performance Metrics
106.9%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $258
Sale $/sq ft: $276
This property sold for $276 per square foot
Sale Summary

This property sold for 6.9% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1880
Bedrooms
6
Full Bathrooms
3
Living Area
2,976 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile
Has Fireplace
No
Interior Features
Dining Room, Kitchen
Basement Details
Full

Exterior & Structure

Construction Materials
See Remarks
Foundation
Other
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.05 acres
Lot Size
2,226 sq ft
Lot Size Area
0.0500
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,219
Tax Year
2025
Tax Assessed Value
$696,800
Parcel Number
M:095 B:515 L:029,1999955
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Unknown/Mixed
Disclosures
Tenants pay lower rent compare to market rent. Lead certificate for unit 1, 2nd unit. 1031 Exchange.

Location

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Neighborhood

47 Trinity 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 $602
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.5%
Price Range
24
Total Days on Market

Property Timeline

Sold
Apr 25, 2025
$820,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Mar 11, 2025
$767,000
Original listing
Agent: Ivelisse Medina Office: Cameron Real Estate Group

Price & Status History

Date Event Price Change
Mar 11, 2025 New Listing Added $767,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$276

Tax History

Year Taxes Assessment
2025 $7,219 $696,800

Financial Details

Annual Property Tax
$7,219
Tax Year 2025
Assessed Value
$696,800

Listing Information

Listing Agent Ivelisse Medina
Listing Office Cameron Real Estate Group
Agent MLS ID C9500953
Office MLS ID AC0756

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