Prime Investment Opportunity, 5.6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.
This home has been viewed 11 times
Last Checked: June 27th, 2026 at 10:53am (Source: MLS PIN #73542427)
Gross Income: $108,264
Gross Expenses: $9,297
Net Income Calc: $98,967
Annual Expenses for 44 A&B Park St., Lynn MA 01905
Total Gross Expenses (Calculated)$9,297/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9297
Annual Income & Unit Breakdown for 44 A&B Park St., Lynn MA 01905
Total Gross Income (Calculated)$108,264
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit0
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 44 A&B Park St., Lynn MA 01905
Listing ID73542427
Property TypeMulti Family / 3 Family
Price1325000 ($279.54/SqFt)
Style3 Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total4740
Approximate Lot Size (Acres)0.08
Total Parking1
Garage Parking0
Year Built1880
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR4
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 44 A&B Park St., Lynn MA 01905
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsFireplace Mantel In Living Room Is Excluded.
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 44 A&B Park St., Lynn MA 01905
Real Estate Taxes9297
Tax Year2025
Assessed Value$897,400
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 44 A&B Park St., Lynn MA 01905
Elementary SchoolLps
Middle SchoolLps
High SchoolLps
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 44 A&B Park St., Lynn MA 01905