55 Winthrop St, Lynn MA 01904

Lynn, MA 01904
$660,000
Est. $3,513/month
6
Beds
2
Baths
2,343
Sq Ft
$282
Price/Sq Ft
0.15
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
7
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73356151

About this home

Investor or Owner-Occupant Opportunity –Tremendous Value Add in Lynn! Welcome to this spacious 2-family home located on a wide, desirable street in Lynn. Bursting with potential, this property offers the perfect canvas for renovation-minded buyers—whether you're an owner-occupant looking to customize your dream home or an investor seeking strong upside. The first-floor unit features 2 bedrooms, nice layout & high ceilings. The kitchen & bathroom have already been removed, saving you demo time & making this unit ready for your vision & updates. The second-floor unit spans two levels & has been used as a 4-bedroom for years, though it offers potential for 5 bedrooms. The layout includes 1 bedroom on the main floor & 3 bedrooms upstairs. The second floor was renovated approximately 27 years ago & while in good condition, would benefit from cosmetic updates. There's also space to add a 2nd bathroom for increased functionality & value. Don't miss out on this home's full potential!

Sale Statistics

Sale Overview
Original List Price: $689,000
Final Sale Price: $660,000
Difference: $29,000 (-4.2%)
Performance Metrics
95.8%
List to Sale Ratio
Sold below asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $294
Sale $/sq ft: $282
This property sold for $282 per square foot
Sale Summary

This property sold for 4.2% below the original asking price.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
6
Full Bathrooms
2
Living Area
2,343 sq ft
Total Rooms
11
Stories
3
Levels
3

Interior Features

Flooring
Wood, Plywood, Carpet, Varies, Laminate, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Has Fireplace
No
Interior Features
Ceiling Fan(s), Internet Available - Unknown, Living Room, Kitchen, Office/Den, Sunroom
Laundry Features
Gas Dryer Hookup, Washer Hookup
Basement Details
Full, Walk-Out Access, Interior Entry

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Brick/Mortar
Exterior Features
Rain Gutters
Patio/Porch Features
Enclosed, Deck
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,682 sq ft
Lot Size Area
0.1500
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Oven, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,588
Tax Year
2025
Tax Assessed Value
$732,442
Parcel Number
1991909
Zoning
R1
Financial Data Source
Not Available

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
House is sold "as is", 1st floor bathroom and kitchen are gutted, Sellers did not rent out unit, garage is in need of renovation, house also needs renovation/updating, sellers cannot guarantee smoke certificate can be provided, 1 hot water tank for both units
Exclusions
Refrigerator And Freezer In Basement, Sellers Personal Belongings.
Listing Terms
Contract

Location

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Neighborhood

55 Winthrop St, Lynn MA 01904

Lynn, MA 01904

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 $632
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.2%
Price Range
8
Total Days on Market

Property Timeline

Sold
Jun 10, 2025
$660,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Apr 8, 2025
$689,000
Original listing
Agent: Tina Crowley Office: Compass

Price & Status History

Date Event Price Change
Apr 8, 2025 New Listing Added $689,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$282

Tax History

Year Taxes Assessment
2025 $7,588 $732,442

Financial Details

Annual Property Tax
$7,588
Tax Year 2025
Assessed Value
$732,442

Listing Information

Listing Agent Tina Crowley
Listing Office Compass
Agent MLS ID CT009656
Office MLS ID AN2383

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