42 Valley Ave, Lynn MA 01902
Lynn, MA 01902
$799,900
Est. $4,257/month
About this home
Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend their portfolio, so do not miss out on this one.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1880
Bedrooms
6
Full Bathrooms
3
Living Area
2,388 sq ft
Total Rooms
12
Stories
3
Levels
3
Interior Features
Flooring
Wood, Tile
Has Fireplace
No
Basement Details
Full, Interior Entry, Concrete, Unfinished
Window Features
Insulated Windows
Door Features
Insulated Doors
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Foundation Area
999 sq ft
Has Spa
No
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.06 acres
Lot Size
2,566 sq ft
Lot Size Area
0.0600
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Electric Range
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 100 Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,968
Tax Year
2025
Tax Assessed Value
$769,105
Parcel Number
M:069 B:665 L:001,2004299
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Leased Solar panels to be transferred to new owner.Seller is firm on asking price.
Listing Terms
Contract
Location
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Neighborhood
42 Valley Ave, Lynn MA 01902
Lynn, MA 01902
Walkability
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Schools
Elementary School
Ford
Middle School
Marshalls
High School
English
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$664
Homeowners Insurance
$200
PMI
$0
Property History
Property Timeline
Listed for Sale
Jun 4, 2025
$799,900
Original listing
Agent: Jose Reyes
Office: Re-yes Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/04/2025 | 🏠 Listed for Sale | $799,900 | - | - | Original listing |