Looking for a rock-solid addition to your portfolio? 228-230 Euclid Ave offers a rare, turn-key opportunity to own a fully occupied MF in one of Lynn’s most consistent rental pockets. This isn’t just a building; it’s a high-functioning potential income generator that’s been well-maintained and is ready to perform from day one. The layout is practical and spacious, designed to appeal to long-term renters who value a sense of home. With the Lynn market continuing to see incredible demand due to its proximity to Boston, the commuter rail, and the burgeoning waterfront district, a triple-decker in this condition is a strategic win. The bones are here and the location is hard to beat. You’re minutes away from local favorites, public transit, and the North Shore’s best beaches. Don't miss out on a chance to plant your flag in a city that is rapidly becoming the go-to destination for value-driven commuters and investors alike.
This home has been viewed 183 times
Last Checked: September 14th, 2026 at 6:54am (Source: MLS PIN #73532245)
Gross Income: $69,600
Gross Expenses: $9,434
Net Income Calc: $60,166
Water Views
Annual Expenses for 228-230 Euclid Ave, Lynn MA 01904
Total Gross Expenses (Calculated)$9,434/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9434
Annual Income & Unit Breakdown for 228-230 Euclid Ave, Lynn MA 01904
Total Gross Income (Calculated)$69,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 228-230 Euclid Ave, Lynn MA 01904
Listing ID73532245
Property TypeMulti Family / 3 Family
Price1100000 ($293.57/SqFt)
Style3 Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total3747
Approximate Lot Size (Acres)0.11
Total Parking3
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 228-230 Euclid Ave, Lynn MA 01904
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.
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 228-230 Euclid Ave, Lynn MA 01904
Real Estate Taxes9434
Tax Year2026
Assessed Value$915,900
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 228-230 Euclid Ave, Lynn MA 01904
Neighborhood(s)
Area Amenities
Contact Information for 228-230 Euclid Ave, Lynn MA 01904