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55 Rock Ave, Lynn MA 01902

$1,775,000

Estimated $4,184/month Calculator

Multi Family

Total Units:

Price Per Unit: $1,775,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

7785

Total Parking: 0

4,866 (0.11)

Attention investors! First time on the market in almost 20 years! A substantial investment has been made to replace all six gas-fired heating systems, hot water tanks and common area upgrades in this well-maintained six-unit apartment building. Each oversized three-bedroom unit has separate utilities, and the property offers off-street parking and an established rent roll. Three units have recently undergone extensive renovations, including new bathrooms, refinished hardwood floors, fresh paint, and additional updates. All units have Letters of Deleading Compliance. Professionally maintained with significant recent improvements, this income-producing property offers a desirable unit mix and potential for future rental growth.

This home has been viewed 27 times

Last Checked: October 26th, 2026 at 6:13am (Source: MLS PIN #73582960)

Gross Income: $0

Gross Expenses: $15,668

Net Income Calc: $15,668

Annual Expenses for 55 Rock Ave, Lynn MA 01902

Total Gross Expenses (Calculated)$15,668/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax15668

Annual Income & Unit Breakdown for 55 Rock Ave, Lynn MA 01902

Total Gross Income (Calculated)$0

General Information for 55 Rock Ave, Lynn MA 01902

Listing ID73582960

Property TypeMulti Family / 5+ Family

Price1775000

StyleResidential

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total7785

Approximate Lot Size (Acres)0.11

Total Parking0

Year Built1900

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR3

Zoning DetailsLegal Conforming

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 55 Rock Ave, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

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 55 Rock Ave, Lynn MA 01902

Real Estate Taxes15668

Tax Year2025

Assessed Value$0

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 55 Rock Ave, Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 55 Rock Ave, Lynn MA 01902

Agent

Name: Eugene L. Clements

Office

Name: Clements Realty Group

Phone: 781-595-9600

Payment Calculator

, Interest

Property Taxes 1305.67

Principal & Interest 10936.99

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Clements Realty Group

Eugene L. Clements

Agent Phone

Office Phone

(781) 595-9600

Text Agent Call Agent Call Office

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EXIT

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