Exceptional and spacious two-family home ideally located in Lynn’s highly desirable Diamond District! Fully vacant! Offering an impressive 14 Rooms /5 Bedrooms/ 3 Full Baths, this property combines generous living space with excellent parking and outdoor amenities. The property features a massive side by side driveway accommodating up to 10 cars, an oversized two-car garage, and an additional shed. The first floor unit offers a private entrance, high ceilings, three generously sized bedrooms, huge living room, a modern kitchen, separate large dining room and a full bath. The second floor unit features two bedrooms, including a spacious primary suite with an en-suite bath featuring an enclosed Jacuzzi/steam shower, huge living room, kitchen and another full bathroom. The walk-up attic provides excellent potential for two additional rooms or flexible living space. Additional highlights include updated roofing, beautifully polished hardwood floors throughout, fresh interior paint, modern kitchens and bathrooms, and a large second-floor deck with some ocean views. The clean, spacious basement provides ample storage while the backyard offers additional outdoor space. Conveniently located near the beach, commuter rail, MBTA bus routes, shopping, dining, and other area amenities. A rare opportunity to own a substantial two-family property with excellent space, parking, updates, and expansion potential in one of Lynn’s sought-after neighborhoods!
This home has been viewed 3 times
Last Checked: October 22nd, 2026 at 8:03pm (Source: MLS PIN #73594010)
Gross Income: $0
Gross Expenses: $8,900
Net Income Calc: $8,900
Water Views
Annual Expenses for 48 Breed St, Lynn MA 01902
Total Gross Expenses (Calculated)$8,900/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8900
Annual Income & Unit Breakdown for 48 Breed St, Lynn MA 01902
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 48 Breed St, Lynn MA 01902
Listing ID73594010
Property TypeMulti Family
Price769986 ($260.31/SqFt)
StyleMulti Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total2958
Approximate Lot Size (Acres)0.15
Total Parking14 (2 Garage)
Garage Parking2
Year Built1890
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 48 Breed St, Lynn MA 01902
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSurveillance Devices
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 48 Breed St, Lynn MA 01902
Real Estate Taxes8900
Tax Year2026
Assessed Value$864,090
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 48 Breed St, Lynn MA 01902
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 48 Breed St, Lynn MA 01902