We are excited to present this 6-unit multifamily deal located at 53 Arlington Street in Lynn, MA. The building consists of six 2-bedroom / 1-bathroom units with spacious unit layouts. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors with potential for value-add improvements and long-term growth. Four units are currently on annual leases with two units delivered vacant.
This home has been viewed 6 times
Last Checked: September 27th, 2026 at 5:28am (Source: MLS PIN #73563784)
Gross Income: $102,156
Gross Expenses: $9
Net Income Calc: $102,147
Annual Expenses for 53 Arlington St, 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 53 Arlington St, Lynn MA 01902
Total Gross Income (Calculated)$102,156
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 53 Arlington St, Lynn MA 01902
Listing ID73563784
Property TypeMulti Family / 5+ Family
Price1289000 ($225.67/SqFt)
Style5-9 Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total5712
Approximate Lot Size (Acres)0.11
Total Parking2
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoning9
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 53 Arlington St, Lynn MA 01902
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator In Basement And Table In The Kitchen.
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 53 Arlington St, 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 53 Arlington St, Lynn MA 01902
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 53 Arlington St, Lynn MA 01902