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7 Northern Avenue, Lynn MA 01904

Lynn, MA 01904
$540,000
Est. $2,874/month
2
Beds
2
Baths
1,898
Sq Ft
$285
Price/Sq Ft
0.06
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
25
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73194868

About this home

Welcome to this cozy and proudly maintained legal two-family home, this colonial is excellent for an extended family or can be utilized for income from 2nd apt. Two units up and down, 1BR, 1 full bath each, hardwood floors throughout, customized vertical blinds, ceiling fans, etc. This unique property comes with a 1-car garage and 4 off-street parking spaces, a large deck perfect for cookouts. Buyers looking for a condo alternative can take advantage of this opportunity, or utilize 2nd apt for income. Conveniently located close to all needed amenities. (supermarkets, restaurants, fast food, banks, and easy access to public transportation.)

Sale Statistics

Sale Overview
Original List Price: $579,900
Final Sale Price: $540,000
Difference: $39,900 (-6.9%)
Performance Metrics
93.1%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $306
Sale $/sq ft: $285
This property sold for $285 per square foot
Sale Summary

This property sold for 6.9% below the original asking price.

With only 25 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
2
Full Bathrooms
2
Living Area
1,898 sq ft
Total Rooms
6
Stories
3
Levels
3

Interior Features

Flooring
Vinyl, Hardwood
Heating
Baseboard, Natural Gas, Individual, Unit Control
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Ceiling Fan(s), Storage, Bathroom With Tub, Walk-Up Attic, Kitchen, Living RM/Dining RM Combo
Laundry Features
Washer Hookup
Basement Details
Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Window Features
Insulated Windows
Door Features
Insulated Doors, Storm Door(s)

Exterior & Structure

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

Lot & Land

Lot Size
0.06 acres
Lot Size
2,784 sq ft
Lot Size Area
0.0600
Lot Features
Level
Frontage Length
47 ft
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, Circuit Breakers, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,027
Tax Year
2023
Tax Assessed Value
$540,500
Tax Lot
002
Tax Block
199
Tax Map Number
055
Parcel Number
055199002,1991302
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Exclusions
Washer, Dryer And Personal Property
Listing Terms
Contract

Location

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Neighborhood

7 Northern Avenue, Lynn MA 01904

Lynn, MA 01904

Walkability

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Schools

Elementary School
Tracy
Rating information coming soon
Middle School
Breed
Rating information coming soon
High School
Lclass,St.Marys
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $502
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.9%
Price Range
26
Total Days on Market

Property Timeline

✓
Sold
Mar 4, 2024
$540,000
Property sold
Days on Market: 26
🏠
Listed for Sale
Jan 18, 2024
$579,900
Original listing
Agent: Lou Markakis Office: Lynnway Associates

Price & Status History

Date Event Price Change
Jan 18, 2024 New Listing Added $579,900 —

Market Statistics

Days on Market
25 days
Price per Sq Ft
$285

Tax History

Year Taxes Assessment
2023 $6,027 $540,500

Financial Details

Annual Property Tax
$6,027
Tax Year 2023
Assessed Value
$540,500

Listing Information

Listing Agent Lou Markakis
Listing Office Lynnway Associates
Agent MLS ID C0001549
Office MLS ID AN7887

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