BUYER UNABLE TO OBTAIN FINANCING. Discover a prime investment opportunity in Lynn, MA, with a charming multi-family home that awaits. This property features three inviting units, each with 2-3 bedrooms and 1 bathroom, offering a modern and welcoming atmosphere ideal for tenants. With a successful rental history and recent updates to all utilities, it is ready to provide consistent and reliable income from the start. Enjoy the convenience of off-street parking in a vibrant neighborhood, just steps away from local shops, dining, and public transportation. Positioned perfectly amidst Lynn's ongoing revitalization, this property presents a remarkable chance to capitalize on the city’s growth. Don’t miss out on this opportunity.
The median home value in Lynn, MA is $478,900. This is lower than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Lynn, MA is $478,900. Approximately 46.33% of Lynn homes are owned, compared to 50.09% rented, while 3.58% are vacant. Lynn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lynn real estate agent to arrange a tour today!
Lynn, Massachusetts 01905 has a population of 100,233. Lynn 01905 is less family-centric than the surrounding county with 25.98% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Lynn, Massachusetts 01905 is $63,922. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Lynn 01905 is 36.3 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 47.7 inches per year, with 41.8 inches of snow per year.