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Canceled

7 Ward St, Lynn MA 01902

$940,000

Estimated $2,232/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $313,333.33

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

2141

Total Parking: 2

3,515 (0.08)

Property is completely vacant. Renovated Turnkey 3-Family Investment Opportunity located just moments from the desirable East Lynn neighborhood. Completely gut-renovated in 2017, this well-maintained property features a fully sprinklered building with two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, each offering modern kitchens and bathrooms, hardwood flooring, and open living/dining layouts. Additional highlights include a large backyard, off-street parking, and strong rental appeal. Ideally situated approximately 1.5 miles from Kings Beach, the property also provides convenient access to the MBTA Commuter Rail station in Lynn, along with nearby Swampscott and the greater North Shore. A fantastic opportunity for investors looking to capitalize on the area’s growing rental market with a truly turnkey asset.

This home has been viewed 19 times

Last Checked: June 8th, 2026 at 4:29am (Source: MLS PIN #73483241)

Gross Income: $0

Gross Expenses: $8,498

Net Income Calc: $8,498

Water Views

Annual Expenses for 7 Ward St, Lynn MA 01902

Total Gross Expenses (Calculated)$8,498/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8498

Annual Income & Unit Breakdown for 7 Ward St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 7 Ward St, Lynn MA 01902

Listing ID73483241

Property TypeMulti Family / 3 Family

Price940000 ($439.05/SqFt)

Style3 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2141

Approximate Lot Size (Acres)0.08

Total Parking2

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 7 Ward St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 7 Ward St, Lynn MA 01902

Real Estate Taxes8498

Tax Year2025

Assessed Value$820,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 7 Ward St, Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 7 Ward St, Lynn MA 01902

Agent

Name: Vincent Rizzo

Office

Name: Douglas Elliman Real Estate - Park Plaza

Phone: 617-267-3500

Payment Calculator

, Interest

Property Taxes 708.17

Principal & Interest 5791.98

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Douglas Elliman Real Estate - Park Plaza

Vincent Rizzo

Agent Phone

Office Phone

(617) 267-3500

Text Agent Call Agent Call Office

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    [unparsed] => 7 Ward St, Lynn MA 01902
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EXIT

25 More Photos

Canceled

7 Ward St, Lynn MA 01902

$940,000

Annual Expenses for 7 Ward St, Lynn MA 01902

Annual Income & Unit Breakdown for 7 Ward St, Lynn MA 01902

General Information for 7 Ward St, Lynn MA 01902

Disclosures for 7 Ward St, Lynn MA 01902

Financial Information for 7 Ward St, Lynn MA 01902

Location Information for 7 Ward St, Lynn MA 01902

Contact Information for 7 Ward St, Lynn MA 01902

Agent

Office

Payment Calculator

Exclusive Listing Agent

Douglas Elliman Real Estate - Park Plaza

Vincent Rizzo