108 Empire St, Lynn MA 01902

Lynn, MA 01902
$1,000,000
Est. $5,322/month
7
Beds
3.5
Baths
3,488
Sq Ft
$287
Price/Sq Ft
0.29
Acres
1880
Year Built
Multi Family
Type
11
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73330130

About this home

*Ask about 1st Time Homebuyer programs w/ grants up to $50,000 & 1.5% down payment!* Attention investors or owner-occupants! This spacious & well-maintained 2-family home, set on a massive lot just off the Swampscott line, offers endless potential in a highly desirable location near the beach, public transportation,& schools. The first unit features 2 bedrooms, 1.5 bathrooms, & 2 versatile bonus rooms that can serve as an office, family room, or additional bedroom. The second unit, w/ its bi-level layout, boasts 5 bedrooms & 2 full bathrooms, making it perfect for larger households or rental income opportunities. An unfinished basement provides even more potential for expansion. Outside, the fenced backyard features an in-ground pool, ideal for summer gatherings & entertaining. Parking is stress-free w/ a double driveway & a 4-car garage, accommodating 10+ vehicles w/ ease. This is a rare opportunity to own a multi-family home that combines space, versatility, & an unbeatable location

Sale Statistics

Sale Overview
Original List Price: $924,900
Final Sale Price: $1,000,000
Difference: +$75,100 (+8.1%)
Performance Metrics
108.1%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $265
Sale $/sq ft: $287
This property sold for $287 per square foot
Sale Summary

This property sold for 8.1% above the original asking price, indicating strong buyer demand.

With only 11 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
1880
Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,488 sq ft
Total Rooms
15
Stories
3
Levels
3

Interior Features

Heating
Forced Air, Natural Gas, Electric, Hot Water
Has Heating
Yes
Has Fireplace
No
Appliances
Freezer, Washer, Dryer, Range, Dishwasher, Refrigerator, Washer/Dryer
Interior Features
Living Room, Kitchen
Basement Details
Full, Unfinished

Exterior & Structure

Construction Materials
Frame
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.29 acres
Lot Size
12,752 sq ft
Lot Size Area
0.2900

Parking & Garage

Garage Spaces
4
Has Garage
Yes
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
4

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Laundromat, Highway Access, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,778
Tax Year
2024
Tax Assessed Value
$833,600
Parcel Number
M:095 B:481 L:015,1998979
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Listing Terms
Lease Back

Location

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Neighborhood

108 Empire 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 $732
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.5%
Price Range
14
Total Days on Market

Property Timeline

Sold
Mar 12, 2025
$1,000,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Jan 29, 2025
$924,900
Original listing
Agent: Johnny Long Office: PRIVI Realty LLC

Price & Status History

Date Event Price Change
Jan 29, 2025 New Listing Added $924,900

Market Statistics

Days on Market
11 days
Price per Sq Ft
$287

Tax History

Year Taxes Assessment
2024 $8,778 $833,600

Financial Details

Annual Property Tax
$8,778
Tax Year 2024
Assessed Value
$833,600

Listing Information

Listing Agent Johnny Long
Listing Office PRIVI Realty LLC
Agent MLS ID CN241902
Office MLS ID AN6354

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