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15 Hanover St, Lynn MA 01902

Lynn, MA 01902
$887,977
Est. $5,244/month
9
Beds
2
Baths
2,452
Sq Ft
$362
Price/Sq Ft
0.16
Acres
1860
Year Built
8
Parking
Multi Family
Type
12 hours 22 minutes
Time on Market
Active Open House Listed Jul 16, 2026 • MLS# 73551062 Copied! • Updated Jul 16, 2026

Open House Schedule

19
Jul
Sunday, July 19
11:30 AM - 1:30 PM EDT
18
Jul
Saturday, July 18
1:00 PM - 3:00 PM EDT
20
Jul
Monday, July 20
5:30 PM - 7:30 PM EDT

About this home

Cash Flow Opportunity – Space, Location & Strong Potential! Welcome to 15 Hanover St, Lynn — a rare 9+ bedroom income-producing property featuring a newer roof, newer porches, and expansive off-street parking. Conveniently located just 15 minutes to Boston, 10 minutes to Revere Beach, a short distance to the commuter rail and public transportation, and surrounded by shops, restaurants, and everyday conveniences. Offering excellent rental appeal, major exterior updates, and a prime commuter-friendly location — this is an investment opportunity buyers won’t want to miss. casa grande con un potential gigantesco recipe was $4,000 de rent casa de oportunidad!!

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

32.3%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Jul 16, 2026
$887,977
Original listing
Agent: Fermin Group Office: Century 21 North East
Previous Transaction - MLS #73044042
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 23, 2022
$600,999
MLS #73044042
View Listing →

Tax History

Year Taxes Assessment
2025 $6,650 $641,874

Financial Details

Annual Property Tax
$6,650
Tax Year 2025
Assessed Value
$641,874

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1860
Living Area 2,452 sq ft
Lot Size 0.16 acres
Bedrooms 9
Full Baths 2
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Gross Income $14,400
Net Operating Income $14,400
Cap Rate 1.62%
Heating None
Cooling None
Flooring Wood, Plywood, Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Full, Dirt Floor
Laundry None
Features Living Room, Dining Room, Kitchen
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 8
Electric 110 Volts, 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $6,650
Assessed Value $641,874
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1860
Bedrooms
9
Full Bathrooms
2
Living Area
2,452 sq ft
Total Rooms
14
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, Plywood, Vinyl
Appliances: Range, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen
Windows: Insulated Windows
Basement: Full, Dirt Floor
Laundry:
Security:

Construction & Materials

Year Built: 1860
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone, Brick/Mortar, Granite
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 2
Cooling:
Cooling Zones: 1
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, 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

10 schools
C-
Lynn Vocational Technical Institute
0.4 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
B-
KIPP Academy Lynn Charter School
0.4 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
Sacred Heart Elementary School
0.9 mi
Grades PK-08
St. Pius V Elementary School
1.1 mi
Grades PK-08
The Hathaway School
1.6 mi
Grades PK-08
North Shore Christian School
1.7 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.1 mi
Grades PK-12
C-
Cobbet Elementary School
< 0.1 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Rising School
Grades PK-05
C
Washington Elementary School
0.2 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
C-
Wm. P. Connery Elementary School
0.4 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

2 schools
C-
Thurgood Marshall Middle School
1.4 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.5 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

6 schools
City Arts & Sciences Academy at Fecteau-Leary
< 0.1 mi
Grades 06-12
St. Mary's High School
0.3 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
0.7 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
B-
Harold Durgin Success Academy
< 0.1 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
D
Lynn English High School
1.0 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
1.5 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
Learn about these ratings
School data provided by BMN Schools

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $554
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
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Payment Over Time

Interest
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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

15 Hanover St, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Fermin Group
Listing Office Century 21 North East
Office Phone 978-208-0449
Agent MLS ID TM321052
Office MLS ID AN4356
Listing Data Updated Jul 16, 2026 3:29 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
(617) 800 - 9008 contact@bmnboston.com
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