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44 Estes Street Portfolio, Lynn MA 01902

Active

44 Estes Street Portfolio, Lynn MA 01902

$13,299,000

Estimated $21,565/month Calculator

Multi Family

Total Units: 62

Price Per Unit: $214,500

Total Rent: 52068/year

Estimated CAP Rate:

64 Bedrooms

Baths

42486

Total Parking: 15

25,221 (0.58)

Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.

This home has been viewed 14 times

Last Checked: July 19th, 2026 at 4:48am (Source: MLS PIN #73549418)

Gross Income: $52,068

Gross Expenses: $9

Net Income Calc: $52,059

Annual Expenses for 44 Estes Street Portfolio, Lynn MA 01902

Total Gross Expenses (Calculated)$9/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9

Annual Income & Unit Breakdown for 44 Estes Street Portfolio, Lynn MA 01902

Total Gross Income (Calculated)$52,068

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 44 Estes Street Portfolio, Lynn MA 01902

Listing ID73549418

Property TypeMulti Family

Price13299000 ($313.02/SqFt)

Style5+ Family - 5+ Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total42486

Approximate Lot Size (Acres)0.58

Total Parking15

Garage Parking0

Year Built1926

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 Description

Accessible Features

Outdoor SpaceCovered

Zoning9

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 44 Estes Street Portfolio, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

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 44 Estes Street Portfolio, Lynn MA 01902

Real Estate Taxes9

Tax Year2026

Assessed Value$9

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 44 Estes Street Portfolio, Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 44 Estes Street Portfolio, Lynn MA 01902

Agent

Name: Daniel Alper

Office

Name: Boston Realty Advisors

Phone: 617-375-7900

Team Members

Name: Daniel Alper

Payment Calculator

, Interest

Property Taxes 0.75

Principal & Interest 81944.21

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Daniel Alper

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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    [unparsed] => 44 Estes Street Portfolio, Lynn MA 01902
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[raw] => 
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EXIT

31 More Photos

Active

44 Estes Street Portfolio, Lynn MA 01902

$13,299,000

Annual Expenses for 44 Estes Street Portfolio, Lynn MA 01902

Annual Income & Unit Breakdown for 44 Estes Street Portfolio, Lynn MA 01902

General Information for 44 Estes Street Portfolio, Lynn MA 01902

Disclosures for 44 Estes Street Portfolio, Lynn MA 01902

Financial Information for 44 Estes Street Portfolio, Lynn MA 01902

Location Information for 44 Estes Street Portfolio, Lynn MA 01902

Contact Information for 44 Estes Street Portfolio, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Daniel Alper