49-51 Graves Ave., Lynn MA 01902

Lynn, MA 01902
$1,105,000
Est. $5,881/month
6
Beds
3
Baths
3,569
Sq Ft
$310
Price/Sq Ft
0.10
Acres
1890
Year Built
3 Family
Type
6
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73294296

About this home

IMMACULATE, LEGAL 3 FAMILY IN PRIME LYNN LOCATION. Welcome to 49-51 Graves Ave, Lynn! This fine property offers 3 spacious and beautiful units, with a total of 14 rooms, 6 bedrooms, gorgeous living rooms and dining rooms in units 1 and 2, 3 full bathrooms, large and lovely kitchens, gleaming hardwood floors throughout, 4 porches and decks and nice size garage with a total of 4 parking spaces, newer gas heating systems. You can easily convert the dining rooms into a 3rd bedroom on units 1 and 2. Oversized basement with laundry a finished room for storage. Beautiful enclosed backyard. Close to all super markets, shopping centers, North Shore Community college, Salem University, to many private and public schools, Several bus lines, T Station and to the beautiful Lynn and Nahant Beaches. Right off routes 107 and 1.

Sale Statistics

Sale Overview
Original List Price: $999,000
Final Sale Price: $1,105,000
Difference: +$106,000 (+10.6%)
Performance Metrics
110.6%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $280
Sale $/sq ft: $310
This property sold for $310 per square foot
Sale Summary

This property sold for 10.6% above the original asking price, indicating strong buyer demand.

With only 6 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
1890
Bedrooms
6
Full Bathrooms
3
Living Area
3,569 sq ft
Total Rooms
14
Stories
3
Levels
3

Interior Features

Flooring
Wood, Hardwood
Heating
Natural Gas, Electric
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Dining Room, Kitchen
Laundry Features
Washer Hookup
Basement Details
Full, Partially Finished, Concrete

Exterior & Structure

Construction Materials
Frame, Stone
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Garden
Patio/Porch Features
Porch, Deck, Patio
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,350 sq ft
Lot Size Area
0.1000
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,428
Tax Year
2024
Tax Assessed Value
$800,400
Tax Lot
033
Tax Block
492
Tax Map Number
85
Parcel Number
1999310
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
THIS IS A LEGAL 3 FAMILY PROPERTY.

Location

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Neighborhood

49-51 Graves Ave., Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

Elementary School
Hood
Rating information coming soon
Middle School
Marshall
Rating information coming soon
High School
English
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $702
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.6%
Price Range
7
Total Days on Market

Property Timeline

Sold
Oct 31, 2024
$1,105,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Sep 24, 2024
$999,000
Original listing
Agent: Alvarado Group Office: StartPoint Realty & Associates

Price & Status History

Date Event Price Change
Sep 24, 2024 New Listing Added $999,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$310

Tax History

Year Taxes Assessment
2024 $8,428 $800,400

Financial Details

Annual Property Tax
$8,428
Tax Year 2024
Assessed Value
$800,400

Listing Information

Listing Agent Alvarado Group
Listing Office StartPoint Realty & Associates
Agent MLS ID TM326520
Office MLS ID AN7223

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