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73 Woodman Street, Lynn MA 01905

Lynn, MA 01905
$999,000
Est. $5,902/month
9
Beds
3
Baths
3,594
Sq Ft
$278
Price/Sq Ft
0.09
Acres
1900
Year Built
2
Garage Spaces
15
Days on Market
Active Listed Jun 24, 2026 • MLS# 73541345 Copied! • Updated Jul 3, 2026

About this home

Incredible investment opportunity! Well-maintained 3-family property in a prime Lynn location—ideal for investors or owner-occupants. Each unit features a Lead Certificate, 3 bedrooms, 1 full bath, hardwood flooring and a functional layout with bright, inviting living spaces. Major updates include roof and siding, some electrical upgrades and one newer boiler, offering added peace of mind. 2 car garage and off-street parking adds to the overall appeal and ease of living. Ideally located near shops, restaurants, public transportation, and everyday amenities, this property offers both strong rental potential and lifestyle appeal. Current rents are below market, all 3 TAW.. A fantastic opportunity for income generation or multi-generational living.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.4%
Price Range

Property Timeline

Price Increased
Jun 29, 2026
$999,000 +$14,000 (+1.42%)
From $985,000 to $999,000 (+1.4%)
🏠
Listed for Sale
Jun 25, 2026
$985,000
Original listing
Agent: Bill McMahon Office: McMahon Natoli Realty

Tax History

Year Taxes Assessment
2025 $7,811 $754,000

Financial Details

Annual Property Tax
$7,811
Tax Year 2025
Assessed Value
$754,000

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,594 sq ft
Lot Size 0.09 acres
Bedrooms 9
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $2,500/mo · N
Unit 2 Rent $1,900/mo · N
Unit 3 Rent $1,900/mo
Total Monthly Rent $6,300/mo
Gross Income $45,600
Net Operating Income $45,600
Cap Rate 4.56%
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement None
Laundry None
Features Living Room, Kitchen
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 5
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,811
Assessed Value $754,000
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 9 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
3,594 sq ft
Total Rooms
15
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features: Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 5
Parking Features: Off Street
School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

3 schools
C
A. Drewicz Elementary School
0.2 mi | #600 of 824 | Score: 40.9
Improved 84 spots from last year
-17.3 below state avg
488 students Moderate
Rising School
Grades K-05
Sacred Heart Elementary School
0.3 mi
Grades PK-08
C-
Wm. P. Connery Elementary School
0.5 mi | #719 of 824 | Score: 34.2
Improved 75 spots from last year
-24.1 below state avg
563 students Moderate
Rising School
Grades K-05
M

Middle Schools

1 school
C+
Pickering Middle School
1.9 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

3 schools
C-
Classical High School
0.7 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
City Arts & Sciences Academy at Fecteau-Leary
0.9 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.9 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $651
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

73 Woodman Street, Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent Bill McMahon
Listing Office McMahon Natoli Realty
Office Phone 617-224-2527
Agent MLS ID BB980357
Office MLS ID AN1101
Listing Data Updated Jul 3, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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