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Active

35-37 Park St, Lynn MA 01905

$1,529,986

Estimated $3,486/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $254,997.67

Total Rent: 102600/year

Estimated CAP Rate:

12 Bedrooms

Baths

5631

Total Parking: 6

5,123 (0.12)

Welcome to your next investment opportunity! 35-37 Park St presents a rare chance to acquire a well-located 6-family property in one of Lynn’s strong and continuously growing rental markets. 7.2% current CAP and fully lead compliant! This large multifamily offers excellent income-producing potential with multiple units, strong cash flow opportunity, and long-term upside for both seasoned investors and owner-occupants looking to build wealth through real estate. New front entrance with with granite steps, new fencing, new concrete around foundation, new landscaping, repaired siding, rear porch, exterior of building. Conveniently located near major highways, public transportation, shopping, restaurants, schools, parks, and downtown Lynn. With consistent rental demand and future value-add potential, this is an ideal opportunity for investors looking to generate steady rental income while benefiting from long-term appreciation.

This home has been viewed 16 times

Last Checked: June 10th, 2026 at 4:38am (Source: MLS PIN #73519410)

Gross Income: $102,600

Gross Expenses: $37,977

Net Income Calc: $64,623

Water Views

Annual Expenses for 35-37 Park St, Lynn MA 01905

Total Gross Expenses (Calculated)$37,977/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12063

Annual Income & Unit Breakdown for 35-37 Park St, Lynn MA 01905

Total Gross Income (Calculated)$102,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 35-37 Park St, Lynn MA 01905

Listing ID73519410

Property TypeMulti Family / 5+ Family

Price1529986 ($271.71/SqFt)

Style5-9 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total5631

Approximate Lot Size (Acres)0.12

Total Parking6

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR4

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 35-37 Park St, Lynn MA 01905

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

Financial Data SourceEstimated

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 35-37 Park St, Lynn MA 01905

Real Estate Taxes12063

Tax Year2025

Assessed Value$1,164,400

Financial Data SourceEstimated

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 35-37 Park St, Lynn MA 01905

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 35-37 Park St, Lynn MA 01905

Agent

Name: Matt Tasgin

Office

Name: United Brokers

Phone: 781-629-2258

Team Members

Payment Calculator

, Interest

Property Taxes 1005.25

Principal & Interest 9427.29

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

United Brokers

Matt Tasgin

Agent Phone

Office Phone

(781) 629-2258

Text Agent Call Agent Call Office

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    [unparsed] => 35-37 Park St, Lynn MA 01905
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EXIT

39 More Photos

Active

35-37 Park St, Lynn MA 01905

$1,529,986

Annual Expenses for 35-37 Park St, Lynn MA 01905

Annual Income & Unit Breakdown for 35-37 Park St, Lynn MA 01905

General Information for 35-37 Park St, Lynn MA 01905

Disclosures for 35-37 Park St, Lynn MA 01905

Financial Information for 35-37 Park St, Lynn MA 01905

Location Information for 35-37 Park St, Lynn MA 01905

Contact Information for 35-37 Park St, Lynn MA 01905

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

United Brokers

Matt Tasgin