90 Timson St., Lynn MA 01902

Lynn, MA 01902
$990,000
Est. $5,269/month
8
Beds
3
Baths
2,856
Sq Ft
$347
Price/Sq Ft
0.11
Acres
1900
Year Built
3 Family - 3 Units Up/Down
Type
11
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73312403

About this home

This three-family home in Lynn presents a fantastic opportunity for the next owner whether you are an owner occupant or an investor, this is a turnkey property in a sought-after neighborhood. This building features two - three-bedroom apartments and one – two-bedroom apartment. All three apartments are in great condition and feature a nicely laid out floor plan. Off street parking, a fenced in backyard, and laundry in the basement make this a convenient building to live in. The location of this three-family home is truly a standout feature; roughly half a mile from the Swampscott commuter rail, close to some of the area's best restaurants, and just over two miles to Vinnin Square Plaza which features Whole Foods, Starbucks, several restaurants, and more! This prime location adds even more value to an already great investment, whether you're looking to live in one unit and rent out the others or rent all three for steady income.

Sale Statistics

Sale Overview
Original List Price: $899,000
Final Sale Price: $990,000
Difference: +$91,000 (+10.1%)
Performance Metrics
110.1%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $315
Sale $/sq ft: $347
This property sold for $347 per square foot
Sale Summary

This property sold for 10.1% 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
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
2,856 sq ft
Total Rooms
14
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Full

Exterior & Structure

Foundation
Concrete Perimeter, Brick/Mortar
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,746 sq ft
Lot Size Area
0.1100
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street, Tandem

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,997
Tax Year
2024
Tax Assessed Value
$759,400
Parcel Number
2000518
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Offer due on Monday, 11/18/2024 at 3PM. Please include Lead Paint Form, offer, pre-approval and MA Agency Disclosure all in one PDF packet.

Location

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Neighborhood

90 Timson 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 $666
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.2%
Price Range
13
Total Days on Market

Property Timeline

Sold
Dec 23, 2024
$990,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Nov 13, 2024
$899,000
Original listing
Agent: Nick Cowden Office: Compass

Price & Status History

Date Event Price Change
Nov 13, 2024 New Listing Added $899,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$347

Tax History

Year Taxes Assessment
2024 $7,997 $759,400

Financial Details

Annual Property Tax
$7,997
Tax Year 2024
Assessed Value
$759,400

Listing Information

Listing Agent Nick Cowden
Listing Office Compass
Agent MLS ID NB113480
Office MLS ID AN6818

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