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40 Hamilton Ave., Lynn MA 01902

$1,000,050

Estimated $2,399/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $333,350

Total Rent: 72600/year

Estimated CAP Rate:

7 Bedrooms

Baths

3274

Total Parking: 9

6,199 (0.14)

3-Unit Investment at 40 Hamilton Ave, Lynn! Fantastic opportunity for investors or owner-occupants—this multi-unit offers strong rental income potential with 3 units ready to generate cash flow. Benefit from ample off-street parking and a large backyard, a rare find perfect for tenants and added value. Ideally located near public transportation, commuter routes, shopping, dining, and Lynn’s vibrant downtown, with easy access to Boston—making it highly attractive for renters. Whether you’re expanding your portfolio or looking to live in one unit while collecting rents, this property delivers income, convenience, and long-term upside.

This home has been viewed 50 times

Last Checked: June 3rd, 2026 at 6:48am (Source: MLS PIN #73514325)

Gross Income: $72,600

Gross Expenses: $9,328

Net Income Calc: $63,272

Water Views

Annual Expenses for 40 Hamilton Ave., Lynn MA 01902

Total Gross Expenses (Calculated)$9,328/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9328.71

Annual Income & Unit Breakdown for 40 Hamilton Ave., Lynn MA 01902

Total Gross Income (Calculated)$72,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 40 Hamilton Ave., Lynn MA 01902

Listing ID73514325

Property TypeMulti Family / 3 Family

Price1000050 ($305.45/SqFt)

Style3 Family - 3 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total3274

Approximate Lot Size (Acres)0.14

Total Parking9

Garage Parking0

Year Built1918

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 40 Hamilton Ave., Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsFireplace Mantel In Living Room Is Excluded.

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 40 Hamilton Ave., Lynn MA 01902

Real Estate Taxes9328.71

Tax Year2026

Assessed Value$905,700

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 40 Hamilton Ave., Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 40 Hamilton Ave., Lynn MA 01902

Agent

Name: Adele Faso

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 777.39

Principal & Interest 6161.99

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Adele Faso

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

6 More Photos

Pending

40 Hamilton Ave., Lynn MA 01902

$1,000,050

Annual Expenses for 40 Hamilton Ave., Lynn MA 01902

Annual Income & Unit Breakdown for 40 Hamilton Ave., Lynn MA 01902

General Information for 40 Hamilton Ave., Lynn MA 01902

Disclosures for 40 Hamilton Ave., Lynn MA 01902

Financial Information for 40 Hamilton Ave., Lynn MA 01902

Location Information for 40 Hamilton Ave., Lynn MA 01902

Contact Information for 40 Hamilton Ave., Lynn MA 01902

Agent

Office

Payment Calculator

Exclusive Listing Agent

eXp Realty

Adele Faso