7 Prince St, Lynn MA 01902
Lynn, MA 01902
$410,000
Est. $2,182/month
About this home
Lowest priced multi-family in Lynn! Contractors and investors are the best fit here. Priced to sell because it needs demo; and lots of renovating. 2 bedroom 1st floor 2 bedroom 2nd floor. Selling as is. Shared driveway; back mudroom should be removed; make room for 2 car parking. Vacant and ready for work to commence! Offers due by Monday 9am; seller reserves the right to take an offer prior to deadline.
Sale Statistics
Sale Overview
Original List Price:
$399,900
Final Sale Price:
$410,000
Difference:
+$10,100 (+2.5%)
Performance Metrics
102.5%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$216
Sale $/sq ft:
$222
This property sold for $222 per square foot
Sale Summary
This property sold for 2.5% above the original asking price, indicating strong buyer demand.
With only 15 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
1,851 sq ft
Total Rooms
8
Stories
2
Levels
2
Interior Features
Has Fireplace
No
Exterior & Structure
Foundation
Concrete Perimeter, Stone, Brick/Mortar, Other
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.08 acres
Lot Size
3,326 sq ft
Lot Size Area
0.0800
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Shared Driveway
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$6,241
Tax Year
2024
Tax Assessed Value
$592,700
Parcel Number
M:084 B:701 L:013,2005136
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
seller is licensed realtor; vinyl siding melted from sun bouncing off windows across street per neighbor. Don't go on 2nd floor deck don't know condition of deck or railing. Do due diligence regarding 2 family status 2nd egress 2nd floor (door/ no stairs). Building department verbal that its 2 fam
Location
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Neighborhood
7 Prince St, 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
$520
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
2.5%
Price Range
16
Total Days on Market
Property Timeline
Sold
Jun 5, 2024
$410,000
Property sold
Days on Market: 16
Listed for Sale
May 1, 2024
$399,900
Original listing
Agent: Maria Mainini
Office: JDS Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/05/2024 | ✓ Sold | $410,000 | - | - | Property sold |
| 05/01/2024 | 🏠 Listed for Sale | $399,900 | - | - | Original listing |