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101-103 Lynnway, Lynn MA 01902 – 8 bed 3 bath For Sale – 73345460

$ 1,200,000
101-103 Lynnway, Lynn MA 01902, ,

Overview

  • Updated On:
  • March 18, 2025
  • listingid
  • 73345460
  • 8 Bedrooms
  • 3 Bathrooms
  • 0 Garage Spaces
  • 2 Non-Garage Parking Spaces
  • 1909

Description

Attention Buyers and Investors! Presenting 101-103 Lynnway, an exceptional three-family home situated in the sought-after Diamond District of Lynn. This property comprises three generously sized, move-in ready units, each recently modernized to meet current standards. The basement features a shared coin-operated laundry facility, equipped with washers and dryers, along with dedicated storage areas for each unit. Unit 1 is currently occupied by a tenant at will. The property can be delivered vacant, offering a prime opportunity for owner-occupants to live in one unit while renting out the others, or for investors seeking a lucrative rental investment. Each unit is equipped with its own utilities. Boasting beautiful water views, this property is a true gem, conveniently located just a short walk from Lynn Beach, public transportation, and a diverse array of dining and shopping options in downtown.

This property is listed by Linlet Patel from Tesla Realty Group LLC

Property Listing Details

Overview

MLS Status
Price $ 1,200,000
Living Area 3,460.00 ft2
Bedrooms 8
Total Rooms 15
Listing MLS ID 73345460
Days on Market 4
Bathrooms 3

Unit Information

Bedrooms 8
Full Bathrooms 3
Half Bathrooms 0
Cooling
Heating Forced Air,Natural Gas
Uncovered Parking 2
Garage Parking 0
Water View Yes
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Concrete
Patio And Porch Features
Parking Features
Waterview Features Harbor
Flooring Wood,Tile,Vinyl

Building Information

Building Name
Units in Building 3
Pets Allowed
Association Amenities
Pool Features
Waterfront Features Beach Front,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Association Fee Includes
Construction Materials Frame
Year Built 1909
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Concrete
Roof Rubber

Additional Details

Community Features Public Transportation,Shopping,Tennis Court(s),Park,Marina,Public School,T-Station
Disclosures
Last Updated 2025-03-18T07:05:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:081 B:587 L:014,2002595
Original List Price 1200000
Listing Office tesla realty group llc
Tax Annual Amount 9142
Tax Assessed Value 882400
Tax Book Number 42154
Tax Year 2025
Year Built Details Actual
Year Built Source Public Records
Zoning R5
Listing Agent linlet patel

Property Address

Address: 101-103 Lynnway, Lynn MA 01902
City:
State/County:
Zip: 01902
Country: US

Amenities and Features

Other Features
Has a View
Has Heating System
Microwave
Range
Refrigerator

Payment Calculator

$ 6,875.69
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,755.69

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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101-103 Lynnway, Lynn MA 01902 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

101-103 Lynnway, Lynn MA 01902 – 8 bed 3 bath For Sale – 73345460

$ 1,200,000

Status:

101-103 Lynnway, Lynn MA 01902, , , 01902

Country: US

Property Overview

MLS #: 73345460

Type: /

Action:

Year Built: 1909 (Actual, Source: Public Records, Effective: )

Living Area: 3,460.00 ft2 (Total: 3460 Square Feet, Source: Public Records)

Lot Size: 0.09 ft2 (Area: 0.09 Acres, SqFt: 3803)

Total Rooms: 15

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 8 (Main Level: )

Bathrooms: Total: 3 (Full: 3, Half: 0, Decimal: 3, Main Level: )

Basement: Full,Concrete

Fireplaces: 0 ()

Flooring: Wood,Tile,Vinyl

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone (Area: )

Roof: Rubber

Stories: 6 (6)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Forced Air,Natural Gas

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: Circuit Breakers (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 2

Parking Features:

Pool:

Spa:

Patio/Porch:

Fencing: Fenced/Enclosed

Lot Features:

View: City View(s),Scenic View(s) (Harbor, Waterview Y/N: Yes)

Waterfront: Beach Front,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Road Frontage: Public ()

Road Surface: Paved

Road Responsibility: Public Maintained Road

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Tennis Court(s),Park,Marina,Public School,T-Station

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: E.J.Harrington, M: Fecteau-Leary, H: Fecteau-Leary

Zoning: R5 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Attention Buyers and Investors! Presenting 101-103 Lynnway, an exceptional three-family home situated in the sought-after Diamond District of Lynn. This property comprises three generously sized, move-in ready units, each recently modernized to meet current standards. The basement features a shared coin-operated laundry facility, equipped with washers and dryers, along with dedicated storage areas for each unit. Unit 1 is currently occupied by a tenant at will. The property can be delivered vacant, offering a prime opportunity for owner-occupants to live in one unit while renting out the others, or for investors seeking a lucrative rental investment. Each unit is equipped with its own utilities. Boasting beautiful water views, this property is a true gem, conveniently located just a short walk from Lynn Beach, public transportation, and a diverse array of dining and shopping options in downtown.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 3

Units Owner Occupied:

Unit 1: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 3000, Lease: Y

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2500, Lease: N

Unit 3: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2900, Lease: N

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 9142 (Year: 2025)

Tax Assessed Value: 882400

Tax Block/Lot/Book/Map: 587 / 014 / 42154 / 081

Parcel Number: M:081 B:587 L:014,2002595

Special Licenses:

Current Financing:

Gross Income: 100800 (Scheduled: )

Net Operating Income: 80800

Operating Expense: 20000 (Water/Sewer: , Insurance: )

Financial Data Source: Estimated

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 8400

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Linlet Patel (MLS ID: CN251203) / Team:

Listing Office: Tesla Realty Group LLC (MLS ID: AN5038)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-03-14

Expiration Date: 1900-01-01

Original List Price: 1200000

Price Per SqFt (List): 346.82

Market Time (Property): 4 (Broker: 4, Prev Broker: 0, Prev Property: 0)

MLS Status: Active

Possession:

Directions: Lynnshore drive to Lynnway- property on right.

Disclosures: , N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 348)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 1879903

Modification Timestamp: 2025-03-18T07:05:00.000Z

Bridge Modification Timestamp: 2025-03-18T07:08:41.261Z

Original Entry Timestamp: 2025-03-14T04:14:00.000Z

Status Change Timestamp: 2025-03-14T04:14:00.000Z

Off Market Date:

Development Status:

Business Type:

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