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56 Orchard St, Lynn MA 01905

$969,000

Estimated $2,237/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $323,000

Total Rent: 99360/year

Estimated CAP Rate:

8 Bedrooms

Baths

3304

Total Parking: 4

3,149 (0.07)

Exceptional three-family opportunity for investors or owner-occupants! This well-maintained property features two spacious three-bedroom units and one two-bedroom unit, separate utilities, three gas heating systems, low-maintenance vinyl siding, and off-street parking for four vehicles. A turnkey investment with strong income potential or the perfect opportunity to live in one unit while collecting rental income from the others.

This home has been viewed 42 times

Last Checked: August 5th, 2026 at 5:08am (Source: MLS PIN #73543356)

Gross Income: $99,360

Gross Expenses: $18,302

Net Income Calc: $81,058

Water Views

Annual Expenses for 56 Orchard St, Lynn MA 01905

Total Gross Expenses (Calculated)$18,302/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7987

Annual Income & Unit Breakdown for 56 Orchard St, Lynn MA 01905

Total Gross Income (Calculated)$99,360

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 56 Orchard St, Lynn MA 01905

Listing ID73543356

Property TypeMulti Family / 3 Family

Price969000 ($293.28/SqFt)

Style3 Family - 3 Units Up/down

CityLynn

CountyEssex

MLS AreaWest Lynn

Neighborhood(s)

Approximate Living Area Total3304

Approximate Lot Size (Acres)0.07

Total Parking4

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR4

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 56 Orchard St, Lynn MA 01905

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWindow Air Conditioners

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 56 Orchard St, Lynn MA 01905

Real Estate Taxes7987

Tax Year2025

Assessed Value$770,900

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 56 Orchard St, Lynn MA 01905

Neighborhood(s)

MLS AreaWest Lynn

Area AmenitiesWalk/jog Trails

Contact Information for 56 Orchard St, Lynn MA 01905

Agent

Name: Eugene L. Clements

Office

Name: Clements Realty Group

Phone: 781-595-9600

Payment Calculator

, Interest

Property Taxes 665.58

Principal & Interest 5970.67

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Clements Realty Group

Eugene L. Clements

Agent Phone

Office Phone

(781) 595-9600

Text Agent Call Agent Call Office

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EXIT

9 More Photos

Active

56 Orchard St, Lynn MA 01905

$969,000

Annual Expenses for 56 Orchard St, Lynn MA 01905

Annual Income & Unit Breakdown for 56 Orchard St, Lynn MA 01905

General Information for 56 Orchard St, Lynn MA 01905

Disclosures for 56 Orchard St, Lynn MA 01905

Financial Information for 56 Orchard St, Lynn MA 01905

Location Information for 56 Orchard St, Lynn MA 01905

Contact Information for 56 Orchard St, Lynn MA 01905

Agent

Office

Payment Calculator

Exclusive Listing Agent

Clements Realty Group

Eugene L. Clements