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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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162 Washington St , Lynn, MA 01902
$1,149,000
Est. Payment: $2,553.33/mo
11 Bed
3 Bath
4088 Sqft
Status: Back on Market | Days on site: 71
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AN6884 - TM329119
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House Description

Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!

Highlights

Listed by The Decotis Group , 978-210-3030 Lyv Realty , 978-533-8000.

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1890

County

Essex

Listing ID

73546120

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Range, Microwave, Refrigerator
Floor:Tile,Hardwood
Other:
  • Additional:Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
Water:Public

Exterior Features

Lot:Corner Lot,Level,Ocean,1 to 2 Mile To Beach
Garage Capacity:3
Zoning:R2
Others:
  • Additional:Balcony/Deck, Balcony
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Paved,Parking Spaces: 3
Principal Interest
$2,553
Taxes
$805

Home Price

$1,149,000

Loan Details

30 yrs
%

Down Payment

20%
$229,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,553.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,553.33 $804.92 $0.00 $3,358.25
Yearly $30,640.00 $9,659.00 $0.00 $40,299.00
Total $919,200.00 $289,770.00 $0.00 $1,208,970.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lynn, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.