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2 Peirce Rd, Lynn MA 01902

$1,175,000

Estimated $2,861/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $391,666.67

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

3064

Total Parking: 6 (1 Garage)

3,781 (0.09)

NEW PRICE, NEW OPPORTUNITY in Lynn’s Diamond District! This LEGAL 3-family offers 3,064 sq ft of living space and a rare combination of coastal lifestyle, flexible living, and income potential. The impressive owner’s residence spans the 2nd and 3rd floors with 4 bedrooms, 2 renovated baths, a beautifully updated kitchen, soaring ceilings, hardwood floors, a 9x12 laundry room, and 2 private decks with ocean views. The 1st-floor residence features a renovated kitchen, 1 bedroom, 1.5 baths, high ceilings, period details, and a spacious front porch. The ground level offers a separate 2-room studio, providing additional flexibility and rental potential. A 1-car garage plus 5 off-street parking spaces adds even more value. Live in the expansive owner’s unit while rental income from the other two residences helps offset the cost of ownership. Just steps from Lynn Shore Drive Promenade, King’s Beach, Red Rock Park, and local restaurants, this is a unique opportunity to own a multi-family property near the ocean with space, income potential, and lifestyle all in one.

This home has been viewed 37 times

Last Checked: October 8th, 2026 at 6:28am (Source: MLS PIN #73524847)

Gross Income: $0

Gross Expenses: $11,463

Net Income Calc: $11,463

Water Views

Annual Expenses for 2 Peirce Rd, Lynn MA 01902

Total Gross Expenses (Calculated)$11,463/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11463.9

Annual Income & Unit Breakdown for 2 Peirce Rd, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms4

Bathrooms2 Full

Levels in Unit2

Rent IncludesHeat

General Information for 2 Peirce Rd, Lynn MA 01902

Listing ID73524847

Property TypeMulti Family / 3 Family

Price1175000 ($383.49/SqFt)

Style3 Family

CityLynn

CountyEssex

MLS AreaDiamond District

Neighborhood(s)

Approximate Living Area Total3064

Approximate Lot Size (Acres)0.09

Total Parking6 (1 Garage)

Garage Parking1

Year Built1920

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 ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 2 Peirce Rd, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsNo

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 2 Peirce Rd, Lynn MA 01902

Real Estate Taxes11463.9

Tax Year2026

Assessed Value$1,113,000

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 2 Peirce Rd, Lynn MA 01902

Neighborhood(s)

MLS AreaDiamond District

Area AmenitiesWalk/jog Trails

Contact Information for 2 Peirce Rd, Lynn MA 01902

Agent

Name: Sean K Connelly

Office

Name: William Raveis R.E. & Home Services

Phone: 781-631-1199

Payment Calculator

, Interest

Property Taxes 955.33

Principal & Interest 7239.98

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Sean K Connelly

Agent Phone

Office Phone

(781) 631-1199

Text Agent Call Agent Call Office

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            [phone] => 781-631-1199
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    [unparsed] => 2 Peirce Rd, Lynn MA 01902
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EXIT

39 More Photos

Pending

2 Peirce Rd, Lynn MA 01902

$1,175,000

Annual Expenses for 2 Peirce Rd, Lynn MA 01902

Annual Income & Unit Breakdown for 2 Peirce Rd, Lynn MA 01902

General Information for 2 Peirce Rd, Lynn MA 01902

Disclosures for 2 Peirce Rd, Lynn MA 01902

Financial Information for 2 Peirce Rd, Lynn MA 01902

Location Information for 2 Peirce Rd, Lynn MA 01902

Contact Information for 2 Peirce Rd, Lynn MA 01902

Agent

Office

Payment Calculator

Exclusive Listing Agent

William Raveis R.E. & Home Services

Sean K Connelly