LOCATION, LOCATION, LOCATION! Proudly owned and maintained by the same family for over 65 years, this classic two family home is situated on a corner lot on the Lynn/Swampscott line. Home features two spacious units with private outdoor front and back porches and an abundance of natural light that highlights the hardwood floors throughout. Recent updates include new first floor bath,ceilings, refreshed paint, newer front porch decking, a new water and sewer line to the street and updated electrical wiring and fixtures on the first floor. A full basement provides lots of storage and laundry hookups. A one car garage could yield additional rental income or be used for extra storage. Conveniently located near the commuter rail for easy access into Boston, close to the MBTA bus line, minutes to area beaches and a newer school on the street make this an ideal location! This property has a strong and consistent rental history making it a great investment or owner occupant opportunity.
This home has been viewed 18 times
Last Checked: June 7th, 2026 at 6:58am (Source: MLS PIN #73518933)
Gross Income: $22,800
Gross Expenses: $8,520
Net Income Calc: $14,280
Annual Expenses for 46 Brookline St, Lynn MA 01902
Total Gross Expenses (Calculated)$8,520/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8520
Annual Income & Unit Breakdown for 46 Brookline St, Lynn MA 01902
Total Gross Income (Calculated)$22,800
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
General Information for 46 Brookline St, Lynn MA 01902
Listing ID73518933
Property TypeMulti Family / 2 Family
Price875000 ($353.96/SqFt)
Style2 Family - 2 Units Up/down
CityLynn
CountyEssex
MLS AreaEast Lynn
Neighborhood(s)
Approximate Living Area Total2472
Approximate Lot Size (Acres)0.1
Total Parking7 (1 Garage)
Garage Parking1
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRES
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 46 Brookline St, Lynn MA 01902
Lead PaintNone
UFFI
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 46 Brookline St, Lynn MA 01902
Real Estate Taxes8520
Tax Year2025
Assessed Value$884,500
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 46 Brookline St, Lynn MA 01902
Neighborhood(s)
MLS AreaEast Lynn
Area AmenitiesWalk/jog Trails
Contact Information for 46 Brookline St, Lynn MA 01902