Welcome Home to 56 Gardiner Street New to the Spring Market sits this 2-Family Home that offers a perfect blend of charm, functionally and investment potential. Each unit features a spacious and flexible 6 room layout with living room, dining room, semi-modern kitchen, 2 bedrooms, hardwood floors, one full bath, and heated enclosed porch or could be used as an office. There is a unfinished basement with plenty of storage and separate utilities. The exterior yard is fenced with a BONUS of a 2-car garage plus driveway parking for 4+ cars. If you are looking for a Multi-Family with great income potential in a great location this is the ONE for you this is not to be missed!
This home has been viewed 8 times
Last Checked: June 10th, 2026 at 5:18am (Source: MLS PIN #73519876)
Gross Income: $30,000
Gross Expenses: $8,889
Net Income Calc: $21,111
Water Views
Annual Expenses for 56 Gardiner Street, Lynn MA 01905
Total Gross Expenses (Calculated)$8,889/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8889
Annual Income & Unit Breakdown for 56 Gardiner Street, Lynn MA 01905
Total Gross Income (Calculated)$30,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 56 Gardiner Street, Lynn MA 01905
Listing ID73519876
Property TypeMulti Family
Price849900 ($322.91/SqFt)
StyleMulti Family
CityLynn
CountyEssex
MLS AreaWest Lynn
Neighborhood(s)
Approximate Living Area Total2632
Approximate Lot Size (Acres)0.15
Total Parking10 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
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 56 Gardiner Street, Lynn MA 01905
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTree House
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 56 Gardiner Street, Lynn MA 01905
Real Estate Taxes8889
Tax Year2025
Assessed Value$858,025
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 56 Gardiner Street, Lynn MA 01905
Elementary SchoolCallahan
Middle SchoolBreed
High SchoolClassical
Neighborhood(s)
MLS AreaWest Lynn
Area AmenitiesWalk/jog Trails
Contact Information for 56 Gardiner Street, Lynn MA 01905