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Active Under Contract

7 Alice Ave, Lynn MA 01902

$868,900

Estimated $2,115/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $434,450

Total Rent: 81600/year

Estimated CAP Rate:

8 Bedrooms

Baths

3162

Total Parking: 7 (2 Garage)

4,792 (0.11)

Move-in ready and fully vacant 2 1/2 family with strong rental income potential! a two-car garage, driveway parking, and bonus yard space—all conveniently located near the T. Tall basement offers expansion potential. Seller may consider a rate buydown credit on offers above asking. Rents shown are neighborhood estimates. Will have 30 minute open houses weekdays at 6pm beginning Thursday, 1-2pm Saturday & Sunday. This large home is great for a large family to bring everyone home.

This home has been viewed 9 times

Last Checked: October 22nd, 2026 at 10:58am (Source: MLS PIN #73587552)

Gross Income: $81,600

Gross Expenses: $8,470

Net Income Calc: $73,130

Water Views

Annual Expenses for 7 Alice Ave, Lynn MA 01902

Total Gross Expenses (Calculated)$8,470/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8470

Annual Income & Unit Breakdown for 7 Alice Ave, Lynn MA 01902

Total Gross Income (Calculated)$81,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms6

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 7 Alice Ave, Lynn MA 01902

Listing ID73587552

Property TypeMulti Family

Price868900 ($274.79/SqFt)

StyleMulti Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total3162

Approximate Lot Size (Acres)0.11

Total Parking7 (2 Garage)

Garage Parking2

Year Built1880

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

ZoningR2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 7 Alice Ave, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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 7 Alice Ave, Lynn MA 01902

Real Estate Taxes8470

Tax Year2026

Assessed Value$822,290

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 7 Alice Ave, Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 7 Alice Ave, Lynn MA 01902

Agent

Name: Julio R. Carrera

Office

Name: USA Realty LLC

Phone: 617-515-9933

Team Members

Payment Calculator

, Interest

Property Taxes 705.83

Principal & Interest 5353.89

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

USA Realty LLC

Julio R. Carrera

Agent Phone

Office Phone

(617) 515-9933

Text Agent Call Agent Call Office

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    [unparsed] => 7 Alice Ave, Lynn MA 01902
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EXIT

34 More Photos