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Active

204 Eastern Avenue, Lynn MA 01902

$1,399,999

Estimated $71,337/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $279,999.80

Total Rent: 50400/year

Estimated CAP Rate:

7 Bedrooms

Baths

3567

Total Parking: 7 (2 Garage)

5,327 (0.12)

Exceptional Turnkey Multi-Family Opportunity on the Lynn/Swampscott Line! This fully renovated legal 3-family property offers outstanding flexibility for investors or owner-occupants. Featuring 7 bedrooms & 5 full baths, the home includes beautifully updated units with bright living spaces, eat-in kitchens, white cabinetry, quartz countertops, stainless steel appliances, and stylish modern finishes throughout. Bathrooms showcase today's sought-after design with oversized showers & elegant gray-and-white décor. The finished attic provides additional living space with a bedroom, flex room, full bath, and kitchenette. Enjoy five maintenance-free composite decks, a fenced yard, updated windows, newly redone walkways, & low-maintenance vinyl siding w/stone accents. Ample parking includes a 2-car garage plus additional off-street spaces for up to 5 vehicles. Conveniently located near shopping, restaurants, beaches, & the Swampscott Commuter Rail. A rare move-in-ready investment opportunity.

This home has been viewed 5 times

Last Checked: June 26th, 2026 at 7:03pm (Source: MLS PIN #73541580)

Gross Income: $50,400

Gross Expenses: $836,280

Net Income Calc: $785,880

Water Views

Annual Expenses for 204 Eastern Avenue, Lynn MA 01902

Total Gross Expenses (Calculated)$836,280/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax828800

Annual Income & Unit Breakdown for 204 Eastern Avenue, Lynn MA 01902

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 204 Eastern Avenue, Lynn MA 01902

Listing ID73541580

Property TypeMulti Family / 3 Family

Price1399999 ($392.49/SqFt)

Style3 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total3567

Approximate Lot Size (Acres)0.12

Total Parking7 (2 Garage)

Garage Parking2

Year Built1880

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningResidental

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 204 Eastern Avenue, Lynn MA 01902

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsTv On The Deck And Garage Tv

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 204 Eastern Avenue, Lynn MA 01902

Real Estate Taxes828800

Tax Year2026

Assessed Value$621,700

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 204 Eastern Avenue, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 204 Eastern Avenue, Lynn MA 01902

Agent

Name: Nikki Martin Team

Office

Name: Compass

Phone: 617-206-3333

Team Members

Name: Nikki Cappadona Martin

Payment Calculator

, Interest

Property Taxes 69066.67

Principal & Interest 8626.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Nikki Martin Team

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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    [unparsed] => 204 Eastern Avenue, Lynn MA 01902
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EXIT

39 More Photos

Active

204 Eastern Avenue, Lynn MA 01902

$1,399,999

Annual Expenses for 204 Eastern Avenue, Lynn MA 01902

Annual Income & Unit Breakdown for 204 Eastern Avenue, Lynn MA 01902

General Information for 204 Eastern Avenue, Lynn MA 01902

Disclosures for 204 Eastern Avenue, Lynn MA 01902

Financial Information for 204 Eastern Avenue, Lynn MA 01902

Location Information for 204 Eastern Avenue, Lynn MA 01902

Contact Information for 204 Eastern Avenue, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Compass

Nikki Martin Team