Prime Multi-Unit Investment Opportunity in Lynn, MA – This well-maintained multi-family property is perfect for serious investors seeking a high-performing asset. Featuring spacious units with modern updates, hardwood floors, and abundant natural light, this property offers strong rental income potential. Updated kitchens and bathrooms, a basement with separate utilities, and a large backyard add to its appeal. Located in a high-demand rental market near public transportation, shopping, and schools, this is an excellent opportunity for investors looking to expand their portfolio.
For sale
$1,549,000
453-455 Summer St, Lynn, MA 01905
6beds
3,988sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1903
-- sqft lot
$-- Zestimate®
$388/sqft
$-- HOA
What's special
Modern updatesHardwood floorsUpdated kitchensSpacious unitsBasement with separate utilitiesLarge backyardAbundant natural light
- 46 days
- on Zillow |
- 284 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 08:03am
Listed by:
Treetop Group,
Keller Williams Realty,
Seydyss Barreto
Source: MLS PIN,MLS#: 73341648
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air, Natural Gas
Features
- Upgraded Cabinets, Living Room, Dining Room, Kitchen
- Flooring: Varies, Laminate, Hardwood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,988
- Total interior livable area: 3,988 sqft
- Finished area above ground: 3,988
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Enclosed
Lot
- Size: 7,510 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:037 B:767 L:026,2007008
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $388/sqft
- Tax assessed value: $1,089,400
- Annual tax amount: $11,286
- Date on market: 3/19/2025
- Listing terms: Contract
- Exclusions: Tenants Belongings
- Total actual rent: 5000
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