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Active

11 Fernwood Ave, Lynn MA 01904

$999,999

Estimated $2,274/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $333,333

Total Rent: 54000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2619

Total Parking: 10

5,850 (0.13)

Welcome to this exceptional turnkey 3-family home in one of Lynn’s most desirable neighborhoods. Ideal for investors or owner-occupants, this well-maintained property offers strong income potential and modern convenience. Each of the three units features 2 spacious bedrooms and in-unit laundry, a highly sought-after amenity for today’s tenants. Thoughtfully maintained and move-in ready, this property provides a rare opportunity to own a versatile multi-family asset in one of the region’s fastest-growing communities. Conveniently located near Flax Pond and just 2 to 2.5 miles from Lynn Shore & Nahant Beach Reservation, offering easy access to beaches, parks, shopping, dining, public transportation, and major commuter routes. Whether you're expanding your portfolio or seeking a home with built-in rental income, this property is a must-see. Showings begin at the Open House.

This home has been viewed 11 times

Last Checked: June 2nd, 2026 at 11:05am (Source: MLS PIN #73527966)

Gross Income: $54,000

Gross Expenses: $7,826

Net Income Calc: $46,174

Water Views

Annual Expenses for 11 Fernwood Ave, Lynn MA 01904

Total Gross Expenses (Calculated)$7,826/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7826

Annual Income & Unit Breakdown for 11 Fernwood Ave, Lynn MA 01904

Total Gross Income (Calculated)$54,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Rent Includes

General Information for 11 Fernwood Ave, Lynn MA 01904

Listing ID73527966

Property TypeMulti Family / 3 Family

Price999999 ($381.82/SqFt)

Style3 Family - 3 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2619

Approximate Lot Size (Acres)0.13

Total Parking10

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront Features

Terms

Disclosures for 11 Fernwood Ave, Lynn MA 01904

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWindow Treatments In 2 Bedrooms

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 11 Fernwood Ave, Lynn MA 01904

Real Estate Taxes7826

Tax Year2025

Assessed Value$755,400

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 11 Fernwood Ave, Lynn MA 01904

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 11 Fernwood Ave, Lynn MA 01904

Agent

Name: Ranjan Thapa

Office

Name: High Quality Real Estate LLC

Phone: 857-373-9607

Payment Calculator

, Interest

Property Taxes 652.17

Principal & Interest 6161.68

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

High Quality Real Estate LLC

Ranjan Thapa

Agent Phone

Office Phone

(857) 373-9607

Text Agent Call Agent Call Office

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    [unparsed] => 11 Fernwood Ave, Lynn MA 01904
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EXIT

27 More Photos

Active

11 Fernwood Ave, Lynn MA 01904

$999,999

Annual Expenses for 11 Fernwood Ave, Lynn MA 01904

Annual Income & Unit Breakdown for 11 Fernwood Ave, Lynn MA 01904

General Information for 11 Fernwood Ave, Lynn MA 01904

Disclosures for 11 Fernwood Ave, Lynn MA 01904

Financial Information for 11 Fernwood Ave, Lynn MA 01904

Location Information for 11 Fernwood Ave, Lynn MA 01904

Contact Information for 11 Fernwood Ave, Lynn MA 01904

Agent

Office

Payment Calculator

Exclusive Listing Agent

High Quality Real Estate LLC

Ranjan Thapa