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Active

71 Harwood St, Lynn MA 01902

$3,100,000

Estimated $7,070/month Calculator

Multi Family

Total Units: 12

Price Per Unit: $258,333.33

Total Rent: 0/year

Estimated CAP Rate:

12 Bedrooms

Baths

10224

Total Parking: 6

8,019 (0.18)

Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.

This home has been viewed 9 times

Last Checked: September 20th, 2026 at 6:43am (Source: MLS PIN #73561330)

Gross Income: $0

Gross Expenses: $24,526

Net Income Calc: $24,526

Water Views

Annual Expenses for 71 Harwood St, Lynn MA 01902

Total Gross Expenses (Calculated)$24,526/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax24526

Annual Income & Unit Breakdown for 71 Harwood St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 71 Harwood St, Lynn MA 01902

Listing ID73561330

Property TypeMulti Family

Price3100000 ($303.21/SqFt)

Style5+ Family - 5+ Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total10224

Approximate Lot Size (Acres)0.18

Total Parking6

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR4

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 71 Harwood St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAppliances To Be Left As Gift & Personal 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 71 Harwood St, Lynn MA 01902

Real Estate Taxes24526

Tax Year2025

Assessed Value$2,367,400

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 71 Harwood St, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 71 Harwood St, Lynn MA 01902

Agent

Name: Katy Loucks

Office

Name: Lamacchia Realty, Inc.

Phone: 339-645-9300

Payment Calculator

, Interest

Property Taxes 2043.83

Principal & Interest 19101.21

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Katy Loucks

Agent Phone

Office Phone

(339) 645-9300

Text Agent Call Agent Call Office

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EXIT

32 More Photos

Active

71 Harwood St, Lynn MA 01902

$3,100,000

Annual Expenses for 71 Harwood St, Lynn MA 01902

Annual Income & Unit Breakdown for 71 Harwood St, Lynn MA 01902

General Information for 71 Harwood St, Lynn MA 01902

Disclosures for 71 Harwood St, Lynn MA 01902

Financial Information for 71 Harwood St, Lynn MA 01902

Location Information for 71 Harwood St, Lynn MA 01902

Contact Information for 71 Harwood St, Lynn MA 01902

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lamacchia Realty, Inc.

Katy Loucks