Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.
This home has been viewed 8 times
Last Checked: June 24th, 2026 at 5:38am (Source: MLS PIN #73535795)
Gross Income: $149,760
Gross Expenses: $45,744
Net Income Calc: $104,016
Water Views
Annual Expenses for 43 Highrock Street, Lynn MA 01902
Total Gross Expenses (Calculated)$45,744/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15914
Annual Income & Unit Breakdown for 43 Highrock Street, Lynn MA 01902
Total Gross Income (Calculated)$149,760
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 43 Highrock Street, Lynn MA 01902
Listing ID73535795
Property TypeMulti Family / 5+ Family
Price1900000 ($449.17/SqFt)
Style5-9 Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total4230
Approximate Lot Size (Acres)0.1
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 43 Highrock Street, Lynn MA 01902
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
Financial Data SourceEstimated
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 43 Highrock Street, Lynn MA 01902
Real Estate Taxes15914
Tax Year2025
Assessed Value$154,200
Financial Data SourceEstimated
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 43 Highrock Street, Lynn MA 01902
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 43 Highrock Street, Lynn MA 01902