Discover a prime investment opportunity in Lynn, MA, with a charming multi-family home that awaits. This property features three inviting units, each with 2-3 bedrooms and 1 bathroom, offering a modern and welcoming atmosphere ideal for tenants. With a successful rental history and recent updates to all utilities, it is ready to provide consistent and reliable income from the start. Enjoy the convenience of off-street parking in a vibrant neighborhood, just steps away from local shops, dining, and public transportation. Positioned perfectly amidst Lynn's ongoing revitalization, this property presents a remarkable chance to capitalize on the city’s growth. Don’t miss out on this opportunity.
Sale Statistics
Sale Overview
Original List Price:$1,100,000
Final Sale Price:$1,087,250
Difference:
$12,750 (-1.2%)
Performance Metrics
98.8%
List to Sale Ratio
Sold below asking price
46
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$316
Sale $/sq ft:$312
This property sold for $312 per square foot
Sale Summary
This property sold for 1.2% below the original asking price.
The property spent 46 days on market before selling.
Facts & Features
Property Overview
Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1890
Bedrooms
8
Full Bathrooms
3
Living Area
3,483 sq ft
Total Rooms
15
Stories
3
Levels
3
Interior Features
Flooring
Varies, Hardwood
Heating
Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den
Basement Details
Full, Unfinished
Exterior & Structure
Foundation
Stone, Irregular
Exterior Features
Balcony
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.08 acres
Lot Size
3,580 sq ft
Lot Size Area
0.0800
Lot Features
Corner Lot
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street, Tandem
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Community & HOA
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$9,734
Tax Year
2024
Tax Assessed Value
$924,400
Tax Lot
L: 025
Tax Block
B:768
Tax Map Number
M:037
Parcel Number
M:037 B:768 L:025,2007078
Zoning
R4
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller has not lived at the property, All information to be verified by buyer/ agents
Exclusions
Tenants Belongings
Listing Terms
Contract
Location
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Neighborhood
8 Breed Sq, Lynn MA 01905
Lynn, MA 01905
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$811
Homeowners Insurance$200
PMI$0
Property History
Market Insights
1.2%
Price Range
124
Total Days on Market
Property Timeline
✓
Sold
Mar 31, 2025
$1,087,250
Property sold
Days on Market: 124
🏠
Listed for Sale
Jan 2, 2025
$1,100,000
Original listing
Agent: Treetop GroupOffice: Keller Williams Realty
