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115 Lynn St, Peabody MA 01960

$749,999

Estimated $1,722/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $374,999.50

Total Rent: 43200/year

Estimated CAP Rate:

4 Bedrooms

Baths

1926

Total Parking: 13 (3 Garage)

6,625 (0.15)

OPEN HOUSE SATURDAY the 7th 11-1PM ONLY.....OPPORTUNITY KNOCKS, TWO-FAMILY WITH 3-BAY GARAGE, SEPARATE UTILITIES & AMPLE PARKING! Fantastic opportunity to own a versatile two-family residence at 115 Lynn Street in Peabody! This classic Old-Style home, built in 1935, offers approximately 1,926 square feet of living space with two separate units, each featuring 2 bedrooms and 1 full bath. With a total of 8 rooms and 4 bedrooms, this property is ideal for investors, owner-occupants looking to offset their mortgage, or those seeking multi-generational living. Additional highlights include separate utilities, a desirable 3-bay garage, and plenty of off-street parking on a paved driveway. Situated on a 6,625-square-foot lot, the property also features a full basement with great storage and interior and exterior accesss. Conveniently located close to downtown Peabody, with easy access to major highways, shopping, restaurants, and area amenities. A wonderful opportunity to own a multi-family property offering flexibility, income potential, and valuable garage space.The upper level offers an opportunity to possibly finish and gain extra square footage. The garage and attic both have endless expansion possibilities. Don't miss out!

This home has been viewed 16 times

Last Checked: November 4th, 2026 at 7:08am (Source: MLS PIN #73597548)

Gross Income: $43,200

Gross Expenses: $6,069

Net Income Calc: $37,131

Water Views

Annual Expenses for 115 Lynn St, Peabody MA 01960

Total Gross Expenses (Calculated)$6,069/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6069

Annual Income & Unit Breakdown for 115 Lynn St, Peabody MA 01960

Total Gross Income (Calculated)$43,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 115 Lynn St, Peabody MA 01960

Listing ID73597548

Property TypeMulti Family / 2 Family

Price749999 ($389.41/SqFt)

Style2 Family - 2 Units Up/down

CityPeabody

CountyEssex

MLS AreaSouth Peabody

Neighborhood(s)Ipswich

Approximate Living Area Total1926

Approximate Lot Size (Acres)0.15

Total Parking13 (3 Garage)

Garage Parking3

Year Built1935

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1A

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 115 Lynn St, Peabody MA 01960

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

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 115 Lynn St, Peabody MA 01960

Real Estate Taxes6069

Tax Year2026

Assessed Value$640,900

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 115 Lynn St, Peabody MA 01960

Elementary SchoolCaptain Sam Brown

Middle SchoolHiggins

High SchoolPhs

Neighborhood(s)Ipswich

MLS AreaSouth Peabody

Area AmenitiesWalk/jog Trails

Contact Information for 115 Lynn St, Peabody MA 01960

Agent

Name: Steven Graczyk

Office

Name: J. Barrett & Company

Phone: 978-922-3683

Payment Calculator

, Interest

Property Taxes 505.75

Principal & Interest 4621.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

Steven Graczyk

Agent Phone

Office Phone

(978) 922-3683

Text Agent Call Agent Call Office

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    [unparsed] => 115 Lynn St, Peabody MA 01960
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EXIT

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