671-677 Western Ave, Lynn MA 01905

Lynn, MA 01905
$2,550,000
Est. $13,572/month
15
Beds
9
Baths
10,000
Sq Ft
$255
Price/Sq Ft
0.24
Acres
1900
Year Built
5-9 Family
Type
88
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73153041

About this home

Attention Investors!! Great Income Potential!! 14 Units Total!! 5 Unit Residential Multi-Family Building Being Sold As a Package with a 9 Unit Multi-Family Building!! 44-46 Mall St: 27 Rooms, 17 Bedrooms, 5 Bathrooms. 4 3-Bedroom Units and 1 5-Bedroom Unit. 5 New Gas Boilers, 8 Year-Old Roof and Sprinkler System In Common Areas. Each Apartment Has Their Own 60 Amp Electric. 671-677 Western Ave: 33 Rooms, 15 Bedrooms, 9 Kitchens, 9 Living Rooms and 9 Bathrooms. 6 1-Bedroom Units and 3 3-Bedroom Units. Brand New Fire Alarm System Hooked Into Central Station. 6 New Boilers, Some Newer Stoves and Dishwashers. High Ceilings. Replacement Windows. Deleaded Certificates. Detailed Financials Available for Serious Inquiries. Conveniently Located Near Public Transportation, Shopping, Restaurants and Schools!

Sale Statistics

Sale Overview
Original List Price: $2,949,000
Final Sale Price: $2,550,000
Difference: $399,000 (-13.5%)
Performance Metrics
86.5%
List to Sale Ratio
Sold below asking price
88
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $295
Sale $/sq ft: $255
This property sold for $255 per square foot
Sale Summary

This property sold for 13.5% below the original asking price.

The property spent 88 days on market before selling.

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
15
Full Bathrooms
9
Living Area
10,000 sq ft
Total Rooms
33
Stories
3
Levels
3

Interior Features

Flooring
Carpet, Laminate
Has Fireplace
No
Interior Features
Mudroom
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Foundation
Brick/Mortar
Foundation Area
3,828 sq ft
Has Spa
No
Waterfront Features
Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.24 acres
Lot Size
10,300 sq ft
Lot Size Area
0.2400
Lot Features
Corner Lot
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$24,445
Tax Year
2023
Tax Assessed Value
$2,192,400
Parcel Number
1993236
Zoning
R4

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

671-677 Western Ave, Lynn MA 01905

Lynn, MA 01905

Walkability

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Schools

Elementary School
Lynn Public
Rating information coming soon
Middle School
Lynn Public
Rating information coming soon
High School
Lynn Public
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,037
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2%
Price Range
89
Total Days on Market

Property Timeline

âś“
Sold
Mar 1, 2024
$2,550,000
Property sold
Days on Market: 89
🏠
Listed for Sale
Aug 28, 2023
$2,500,000
Original listing
Agent: Colleen Toner Office: Toner Real Estate, LLC

Price & Status History

Date Event Price Change
Aug 28, 2023 New Listing Added $2,500,000 —

Market Statistics

Days on Market
88 days
Price per Sq Ft
$255

Tax History

Year Taxes Assessment
2023 $24,445 $2,192,400

Financial Details

Annual Property Tax
$24,445
Tax Year 2023
Assessed Value
$2,192,400

Listing Information

Listing Agent Colleen Toner
Listing Office Toner Real Estate, LLC
Agent MLS ID C1541120
Office MLS ID AC1714

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