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Adam Dow

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

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2 Peirce Rd , Lynn, MA 01902
$1,175,000
Est. Payment: $2,611.11/mo
5 Bed
5 Bath
3064 Sqft
Status: Active | Days on site: 113
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M95385 - C8000743
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

NEW PRICE, NEW OPPORTUNITY in Lynn’s Diamond District! This LEGAL 3-family offers 3,064 sq ft of living space and a rare combination of coastal lifestyle, flexible living, and income potential. The impressive owner’s residence spans the 2nd and 3rd floors with 4 bedrooms, 2 renovated baths, a beautifully updated kitchen, soaring ceilings, hardwood floors, a 9x12 laundry room, and 2 private decks with ocean views. The 1st-floor residence features a renovated kitchen, 1 bedroom, 1.5 baths, high ceilings, period details, and a spacious front porch. The ground level offers a separate 2-room studio, providing additional flexibility and rental potential. A 1-car garage plus 5 off-street parking spaces adds even more value. Live in the expansive owner’s unit while rental income from the other two residences helps offset the cost of ownership. Just steps from Lynn Shore Drive Promenade, King’s Beach, Red Rock Park, and local restaurants, this is a unique opportunity to own a multi-family property near the ocean with space, income potential, and lifestyle all in one.
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Highlights

Listed by Sean K Connelly , 781-910-6261 William Raveis R.E. & Home Services , 781-631-1199.

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

1920

County

Essex

Area

Diamond District

Listing ID

73524847

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:4
  • ▪ 1/2 Bathrooms:1
Appliances:Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Air Cond:Window Unit(s),Ductless
Fireplaces:
Floor:Tile,Hardwood,Stone/Ceramic Tile
Other:
  • ▪ Additional:Ceiling Fan(s), Bathroom with Shower Stall, Pantry, Crown Molding, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Dining Room, Family Room, Laundry Room, Mudroom
Water:Public

Exterior Features

Lot:Corner Lot,Level,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Garage Capacity:5
Zoning:R2
Roof:Shingle,Rubber
Others:
  • ▪ Additional:Balcony/Deck, Rain Gutters, Sprinkler System
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Tandem,Parking Spaces: 5
Principal Interest
$2,611
Taxes
$955

Home Price

$1,175,000

Loan Details

30 yrs
%

Down Payment

20%
$235,000
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Monthly Price:
$2,611.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,611.11 $955.32 $0.00 $3,566.44
Yearly $31,333.33 $11,463.90 $0.00 $42,797.23
Total $940,000.00 $343,917.00 $0.00 $1,283,917.00

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.