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2 Mace Pl, Lynn MA 01902

$950,000

Estimated $2,406/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $316,666.67

Total Rent: 78600/year

Estimated CAP Rate:

10 Bedrooms

Baths

4432

Total Parking: 2

3,202 (0.07)

Exceptional opportunity to own a well-maintained three-family in Lynn's highly desirable Diamond District, less than one-half mile from the beach. This spacious property offers over 4,400 square feet of living space with three large apartments featuring high ceilings, original character, and functional layouts. The first and second floor units each offer 3 bedrooms, while the third floor features a 4-bedroom apartment with an additional office/den. Additional highlights include two off-street parking spaces, private porches and decks, and a basement with two additional rooms and a full bath, offering excellent flexible space. The property also includes enclosed storage areas, adding valuable utility for owners and tenants alike. A rare opportunity to own a substantial multifamily property in one of Lynn's most sought-after neighborhoods with convenient access to beaches, restaurants, public transportation, and commuter routes. Lead compliance certificates are available for all 3 units.

This home has been viewed 5 times

Last Checked: September 14th, 2026 at 5:18pm (Source: MLS PIN #73556663)

Gross Income: $78,600

Gross Expenses: $21,949

Net Income Calc: $56,651

Annual Expenses for 2 Mace Pl, Lynn MA 01902

Total Gross Expenses (Calculated)$21,949/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10388

Annual Income & Unit Breakdown for 2 Mace Pl, Lynn MA 01902

Total Gross Income (Calculated)$78,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 2 Mace Pl, Lynn MA 01902

Listing ID73556663

Property TypeMulti Family / 3 Family

Price950000 ($214.35/SqFt)

Style3 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total4432

Approximate Lot Size (Acres)0.07

Total Parking2

Garage Parking0

Year Built1910

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 SpaceCovered

ZoningR1

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 2 Mace Pl, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSellers 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 2 Mace Pl, Lynn MA 01902

Real Estate Taxes10388

Tax Year2025

Assessed Value$1,002,700

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 2 Mace Pl, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 2 Mace Pl, Lynn MA 01902

Agent

Name: DalBon & Company

Office

Name: Keller Williams Realty Evolution

Phone: 978-927-8700

Team Members

Payment Calculator

, Interest

Property Taxes 865.67

Principal & Interest 5853.6

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

DalBon & Company

Agent Phone

Office Phone

(978) 927-8700

Text Agent Call Agent Call Office

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    [description] => Exceptional opportunity to own a well-maintained three-family in Lynn's highly desirable Diamond District, less than one-half mile from the beach. This spacious property offers over 4,400 square feet of living space with three large apartments featuring high ceilings, original character, and functional layouts. The first and second floor units each offer 3 bedrooms, while the third floor features a 4-bedroom apartment with an additional office/den. Additional highlights include two off-street parking spaces, private porches and decks, and a basement with two additional rooms and a full bath, offering excellent flexible space. The property also includes enclosed storage areas, adding valuable utility for owners and tenants alike. A rare opportunity to own a substantial multifamily property in one of Lynn's most sought-after neighborhoods with convenient access to beaches, restaurants, public transportation, and commuter routes. Lead compliance certificates are available for all 3 units.
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EXIT

19 More Photos

Active

2 Mace Pl, Lynn MA 01902

$950,000

Annual Expenses for 2 Mace Pl, Lynn MA 01902

Annual Income & Unit Breakdown for 2 Mace Pl, Lynn MA 01902

General Information for 2 Mace Pl, Lynn MA 01902

Disclosures for 2 Mace Pl, Lynn MA 01902

Financial Information for 2 Mace Pl, Lynn MA 01902

Location Information for 2 Mace Pl, Lynn MA 01902

Contact Information for 2 Mace Pl, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty Evolution

DalBon & Company