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Active Under Contract

15 Hanover St, Lynn MA 01902

$887,977

Estimated $1,994/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $443,988.50

Total Rent: 0/year

Estimated CAP Rate:

9 Bedrooms

Baths

2452

Total Parking: 8

7,026 (0.16)

Cash Flow Opportunity – Space, Location & Strong Potential! Welcome to 15 Hanover St, Lynn — a rare 9+ bedroom income-producing property featuring a newer roof, newer porches, and expansive off-street parking. Conveniently located just 15 minutes to Boston, 10 minutes to Revere Beach, a short distance to the commuter rail and public transportation, and surrounded by shops, restaurants, and everyday conveniences. Offering excellent rental appeal, major exterior updates, and a prime commuter-friendly location — this is an investment opportunity buyers won’t want to miss. casa grande con un potential gigantesco recipe was $4,000 de rent casa de oportunidad!!

This home has been viewed 14 times

Last Checked: July 24th, 2026 at 9:58am (Source: MLS PIN #73551062)

Gross Income: $0

Gross Expenses: $6,650

Net Income Calc: $6,650

Water Views

Annual Expenses for 15 Hanover St, Lynn MA 01902

Total Gross Expenses (Calculated)$6,650/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6650

Annual Income & Unit Breakdown for 15 Hanover St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 15 Hanover St, Lynn MA 01902

Listing ID73551062

Property TypeMulti Family

Price887977 ($362.14/SqFt)

StyleMulti Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2452

Approximate Lot Size (Acres)0.16

Total Parking8

Garage Parking0

Year Built1860

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR5

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 15 Hanover St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTv In Family Room. Kitchen Island Bar Stools And Table Set Excluded But Sellers Will Entertain Set.

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 15 Hanover St, Lynn MA 01902

Real Estate Taxes6650

Tax Year2025

Assessed Value$641,874

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 15 Hanover St, Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 15 Hanover St, Lynn MA 01902

Agent

Name: Fermin Group

Office

Name: Century 21 North East

Phone: 978-208-0449

Team Members

Payment Calculator

, Interest

Property Taxes 554.17

Principal & Interest 5471.43

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Fermin Group

Agent Phone

Office Phone

(978) 208-0449

Text Agent Call Agent Call Office

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    [description] => Cash Flow Opportunity – Space, Location & Strong Potential! Welcome to 15 Hanover St, Lynn — a rare 9+ bedroom income-producing property featuring a newer roof, newer porches, and expansive off-street parking. Conveniently located just 15 minutes to Boston, 10 minutes to Revere Beach, a short distance to the commuter rail and public transportation, and surrounded by shops, restaurants, and everyday conveniences. Offering excellent rental appeal, major exterior updates, and a prime commuter-friendly location — this is an investment opportunity buyers won’t want to miss. casa grande con un potential gigantesco recipe was $4,000 de rent casa de oportunidad!!
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    [unparsed] => 15 Hanover St, Lynn MA 01902
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EXIT

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