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316 Essex St, Lynn MA 01902

$1,250,000

Estimated $2,755/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $416,666.67

Total Rent: 110400/year

Estimated CAP Rate:

8 Bedrooms

Baths

3473

Total Parking: 6

5,444 (0.12)

Welcome to this stunning 3 family home, Great for Investment or Owner occupied, meticulously renovated from BOTTOM to TOP just two years ago! This impressive property boasts brand-new kitchens with quartz countertops, new bathrooms and new plumbing throughout the house. Public laundry hookups located in the basement. Beautiful hardwood floors in the entirety home. First and third floors are rented for $3,000 each.The second floor is rented for $3,200. All three floors with tenancy at will, Conveniently located, walk to schools, beach, bus and commuter rail. Close proximity to restaurants and shops. Short distance to Logan Airport and Downtown Boston. It's perfectly situated for easy access to all the amenities you need. Don't miss this amazing opportunity to own a turnkey 3-family home.

This home has been viewed 17 times

Last Checked: June 16th, 2026 at 4:29am (Source: MLS PIN #73526347)

Gross Income: $110,400

Gross Expenses: $8,740

Net Income Calc: $101,660

Annual Expenses for 316 Essex St, Lynn MA 01902

Total Gross Expenses (Calculated)$8,740/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8740

Annual Income & Unit Breakdown for 316 Essex St, Lynn MA 01902

Total Gross Income (Calculated)$110,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 316 Essex St, Lynn MA 01902

Listing ID73526347

Property TypeMulti Family / 3 Family

Price1250000 ($359.92/SqFt)

Style3 Family - 3 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total3473

Approximate Lot Size (Acres)0.12

Total Parking6

Garage Parking0

Year Built1876

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR4

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 316 Essex St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 316 Essex St, Lynn MA 01902

Real Estate Taxes8740

Tax Year2025

Assessed Value$843,600

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 316 Essex St, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 316 Essex St, Lynn MA 01902

Agent

Name: Victoria Guerra

Office

Name: Coldwell Banker Realty - Marblehead

Phone: 781-631-9511

Payment Calculator

, Interest

Property Taxes 728.33

Principal & Interest 7702.1

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Marblehead

Victoria Guerra

Agent Phone

Office Phone

(781) 631-9511

Text Agent Call Agent Call Office

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EXIT

18 More Photos

Withdrawn

316 Essex St, Lynn MA 01902

$1,250,000

Annual Expenses for 316 Essex St, Lynn MA 01902

Annual Income & Unit Breakdown for 316 Essex St, Lynn MA 01902

General Information for 316 Essex St, Lynn MA 01902

Disclosures for 316 Essex St, Lynn MA 01902

Financial Information for 316 Essex St, Lynn MA 01902

Location Information for 316 Essex St, Lynn MA 01902

Contact Information for 316 Essex St, Lynn MA 01902

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Marblehead

Victoria Guerra