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Active

162 Washington St, Lynn MA 01902

$1,149,000

Estimated $2,668/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $383,000

Total Rent: 0/year

Estimated CAP Rate:

11 Bedrooms

Baths

4088

Total Parking: 3

3,306 (0.08)

Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!

This home has been viewed 13 times

Last Checked: August 5th, 2026 at 7:48am (Source: MLS PIN #73546120)

Gross Income: $0

Gross Expenses: $9,659

Net Income Calc: $9,659

Annual Expenses for 162 Washington St, Lynn MA 01902

Total Gross Expenses (Calculated)$9,659/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9659

Annual Income & Unit Breakdown for 162 Washington St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms3 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 162 Washington St, Lynn MA 01902

Listing ID73546120

Property TypeMulti Family / 3 Family

Price1149000 ($281.07/SqFt)

Style3 Family - 3 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total4088

Approximate Lot Size (Acres)0.08

Total Parking3

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 162 Washington St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher / Dryer

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 162 Washington St, Lynn MA 01902

Real Estate Taxes9659

Tax Year2025

Assessed Value$932,300

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 162 Washington St, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 162 Washington St, Lynn MA 01902

Agent

Name: The Decotis Group

Office

Name: Lyv Realty

Phone: 978-533-8000

Team Members

Name: Ashley Decotis

Payment Calculator

, Interest

Property Taxes 804.92

Principal & Interest 7079.77

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lyv Realty

The Decotis Group

Agent Phone

Office Phone

(978) 533-8000

Text Agent Call Agent Call Office

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    [unparsed] => 162 Washington St, Lynn MA 01902
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EXIT

35 More Photos

Active

162 Washington St, Lynn MA 01902

$1,149,000

Annual Expenses for 162 Washington St, Lynn MA 01902

Annual Income & Unit Breakdown for 162 Washington St, Lynn MA 01902

General Information for 162 Washington St, Lynn MA 01902

Disclosures for 162 Washington St, Lynn MA 01902

Financial Information for 162 Washington St, Lynn MA 01902

Location Information for 162 Washington St, Lynn MA 01902

Contact Information for 162 Washington St, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Lyv Realty

The Decotis Group