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79 Johnson St, Lynn MA 01902

$1,100,000

Estimated $2,269/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $550,000

Total Rent: 33000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2870

Total Parking: 6

6,686 (0.15)

Exceptional income-producing two-family opportunity featuring two fully detached residences on one conveniently located lot. With separate utilities and six off-street parking spaces, this versatile property offers an appealing option for investors, owner-occupants, or buyers exploring a potential condominium conversion. The rear residence is a brand-new 2026 construction, never before occupied, featuring an open kitchen and living area, three bedrooms, one full bathroom, and efficient mini-split heating and central air conditioning. The front residence is currently leased on a tenancy-at-will basis, providing immediate rental income. This spacious home offers three to four bedrooms, two full bathrooms, a kitchen, living room, and a finished basement family room. Live in one residence while collecting rent from the other, add a strong multi-family asset to your portfolio, or explore future conversion possibilities. Two detached buildings, immediate income, modern new construction, separate utilities, and ample parking make this a rare and flexible investment opportunity.

This home has been viewed 11 times

Last Checked: September 19th, 2026 at 5:48am (Source: MLS PIN #73576708)

Gross Income: $33,000

Gross Expenses: $5,820

Net Income Calc: $27,180

Water Views

Annual Expenses for 79 Johnson St, Lynn MA 01902

Total Gross Expenses (Calculated)$5,820/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5820

Annual Income & Unit Breakdown for 79 Johnson St, Lynn MA 01902

Total Gross Income (Calculated)$33,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 79 Johnson St, Lynn MA 01902

Listing ID73576708

Property TypeMulti Family

Price1100000 ($383.28/SqFt)

StyleMulti Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2870

Approximate Lot Size (Acres)0.15

Total Parking6

Garage Parking0

Year Built1985

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 79 Johnson St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 79 Johnson St, Lynn MA 01902

Real Estate Taxes5820

Tax Year2026

Assessed Value$565,000

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 79 Johnson St, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 79 Johnson St, Lynn MA 01902

Agent

Name: Shirley Robles

Office

Name: Century 21 Property Central Inc.

Phone: 781-435-1406

Payment Calculator

, Interest

Property Taxes 485

Principal & Interest 6777.85

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Property Central Inc.

Shirley Robles

Agent Phone

Office Phone

(781) 435-1406

Text Agent Call Agent Call Office

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    [unparsed] => 79 Johnson St, Lynn MA 01902
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EXIT

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