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274 Boston Street, Lynn MA 01902

$1,149,000

Estimated $2,618.68/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $383,000

Total Rent: 59400/year

Estimated CAP Rate: 4.38%

8 Bedrooms

3 Full Baths

3,459 SqFt

Total Parking: 4

6,438 SqFt

Welcome to this classic oversized triple-decker! The first and second floors each offer 3 bedrooms, and the third floor could potentially be converted to a similar layout for extra income. The home includes 4 parking spaces with room to add more, plus a large fenced yard that may allow for additional parking.The first floor is owner-occupied and will be delivered vacant. The second and third floors are tenants-at-will.Open house: Saturday, December 6th, 12–2 PM and Sunday, December 7th, 12–2 PM.

This home has been viewed 7 times

Last Checked: December 6th, 2025 at 7:03am (Source: MLS PIN #73459956)

Gross Income: $59,400

Gross Expenses: $9,067

Net Income Calc: $50,333

CAP Rate: 4.38%

Annual Expenses for 274 Boston Street, Lynn MA 01902

Total Gross Expenses (Calculated)$9,067/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,067

Annual Income & Unit Breakdown for 274 Boston Street, Lynn MA 01902

Total Gross Income (Calculated)$59,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$2,700

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$2,250

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 274 Boston Street, Lynn MA 01902

Listing ID73459956

Property TypeMulti Family / 3 Family

Price$1,149,000 ($332.18/SqFt)

Style3 Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,459 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking4

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck - Wood, Patio, Porch

ZoningR4

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 274 Boston Street, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$59,400

Total Net Income By Broker$59,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 274 Boston Street, Lynn MA 01902

Real Estate Taxes$9,067

Tax Year2025

Assessed Value$875,200

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$59,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$59,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.38%

Location Information for 274 Boston Street, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility

Contact Information for 274 Boston Street, Lynn MA 01902

Agent

Name: Ricardo Amaya

Office

Name: Broad Sound Real Estate, LLC

Phone: 978-423-7782

Payment Calculator

, Interest

Property Taxes 755.58

Principal & Interest 7079.77

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Broad Sound Real Estate, LLC

Ricardo Amaya

Agent Phone

Office Phone

(978) 423-7782

Text Agent Call Agent Call Office

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EXIT

Active

274 Boston Street, Lynn MA 01902

$1,149,000

Annual Expenses for 274 Boston Street, Lynn MA 01902

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General Information for 274 Boston Street, Lynn MA 01902

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Financial Information for 274 Boston Street, Lynn MA 01902

Location Information for 274 Boston Street, Lynn MA 01902

Contact Information for 274 Boston Street, Lynn MA 01902

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Exclusive Listing Agent

Broad Sound Real Estate, LLC

Ricardo Amaya