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Active Under Contract

300 Lynn Street, Peabody MA 01960

$735,000

Estimated $1,641/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $367,500

Total Rent: 27600/year

Estimated CAP Rate:

3 Bedrooms

Baths

1523

Total Parking: 9 (1 Garage)

10,402 (0.24)

Discover the potential in this versatile two-family home ideally located across from Brown’s Pond and close to parks, shopping, dining, and major commuter routes. Whether you're an owner-occupant or investor, this property offers flexibility, functionality, and future opportunity. The first-floor unit features 2 bedrooms plus a bonus office space, ideal for remote work, a guest room, or added living flexibility. The second-floor unit is currently utilized as a 2-bedroom by the tenants, offering excellent income potential. A standout feature is the detached garage with its own electricity and heat source, presenting exciting possibilities for a future ADU conversion, studio, home office, or additional rental space (buyer to perform due diligence). With a desirable location and endless potential, this is an opportunity you won’t want to miss.

This home has been viewed 8 times

Last Checked: June 18th, 2026 at 7:13am (Source: MLS PIN #73517704)

Gross Income: $27,600

Gross Expenses: $5,393

Net Income Calc: $22,207

Waterfront

Water Views

Annual Expenses for 300 Lynn Street, Peabody MA 01960

Total Gross Expenses (Calculated)$5,393/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5393

Annual Income & Unit Breakdown for 300 Lynn Street, Peabody MA 01960

Total Gross Income (Calculated)$27,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 300 Lynn Street, Peabody MA 01960

Listing ID73517704

Property TypeMulti Family / 2 Family

Price735000 ($482.6/SqFt)

Style2 Family - 2 Units Up/down

CityPeabody

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total1523

Approximate Lot Size (Acres)0.24

Total Parking9 (1 Garage)

Garage Parking1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area0

Foundation Description

Accessible Features

Outdoor Space

ZoningBN

Water ViewsYes

Water Views FeaturesBay

Waterfront1

Waterfront FeaturesRiver

Terms

Disclosures for 300 Lynn Street, Peabody MA 01960

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

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 300 Lynn Street, Peabody MA 01960

Real Estate Taxes5393

Tax Year2025

Assessed Value$582,400

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 300 Lynn Street, Peabody MA 01960

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 300 Lynn Street, Peabody MA 01960

Agent

Name: Edgar Rodriguez

Office

Name: Lamacchia Realty, Inc.

Phone: 978-250-1900

Payment Calculator

, Interest

Property Taxes 449.42

Principal & Interest 4528.84

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Edgar Rodriguez

Agent Phone

Office Phone

(978) 250-1900

Text Agent Call Agent Call Office

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    [unparsed] => 300 Lynn Street, Peabody MA 01960
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EXIT

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