11 Fernwood Ave, Lynn MA 01904
Lynn, MA 01904
$999,999
$975,000
Est. $5,782/month
About this home
Welcome to this exceptional turnkey 3-family home in one of Lynn’s most desirable neighborhoods. Ideal for investors or owner-occupants, this well-maintained property offers strong income potential and modern convenience. Each of the three units features 2 spacious bedrooms and in-unit laundry, a highly sought-after amenity for today’s tenants. Thoughtfully maintained and move-in ready, this property provides a rare opportunity to own a versatile multi-family asset in one of the region’s fastest-growing communities. Conveniently located near Flax Pond and just 2 to 2.5 miles from Lynn Shore & Nahant Beach Reservation, offering easy access to beaches, parks, shopping, dining, public transportation, and major commuter routes. Whether you're expanding your portfolio or seeking a home with built-in rental income, this property is a must-see. Showings begin at the Open House.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.5%
Price Range
Property Timeline
Pending Sale
Jul 16, 2026
Offer accepted, sale pending
Price Reduced
Jun 10, 2026
$975,000
$24,999
(-2.5%)
From $999,999 to $975,000 (-2.5%)
Listed for Sale
Jun 2, 2026
$999,999
Original listing
Agent: Ranjan Thapa
Office: High Quality Real Estate LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/16/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/10/2026 | ↓ Price Reduced | $975,000 | $24,999 | - | From $999,999 to $975,000 (-2.5%) |
| 06/02/2026 | 🏠 Listed for Sale | $999,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,826 | $755,400 |
Financial Details
Annual Property Tax
$7,826
Tax Year 2025
Assessed Value
$755,400
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1920
Living Area
2,619 sq ft
Lot Size
0.13 acres
Bedrooms
6
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
— · N
Unit 2 Rent
$2,200/mo · Y
Unit 3 Rent
$2,300/mo
Total Monthly Rent
$4,500/mo
Gross Income
$54,000
Net Operating Income
$54,000
Cap Rate
5.54%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Paved Drive, Off Street
Total Spaces
10
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,826
Assessed Value
$755,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Please Send All Offers As A Single Combined Pdf To Realestate@hquality.ai By Tuesday 06/09 5pm
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
44 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
2,619 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,619 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Lynn School District local
D
School Safety
2024-25
3.5%
Above Average
3.0%
Suspensions
0.3%
In-School
0.1%
Expulsions
0.4%
Emergency
2.0% below state avg
Elementary Schools
3 schools
St. Pius V Elementary School
0.4 mi
Grades PK-08
North Shore Christian School
0.4 mi
Grades PK-08
C+
Edward A Sisson School
0.6 mi
|
#565 of 824
|
Score: 42.4
Improved 153 spots from last year
-15.8 below state avg
449 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
2 schools
C+
Pickering Middle School
0.6 mi
|
#226 of 352
|
Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students
Diverse
Rising School
Grades 06-08
C-
Thurgood Marshall Middle School
1.3 mi
|
#311 of 352
|
Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students
Moderate
Rising School
Grades 06-08
High Schools
3 schools
D
Lynn English High School
0.6 mi
|
#318 of 346
|
Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students
Moderate
18 sports
• 1,425 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
City Arts & Sciences Academy at Fecteau-Leary
1.5 mi
Grades 06-12
B-
Harold Durgin Success Academy
1.5 mi
|
#16 of 25
|
Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students
Diverse
Rising School
Career Tech Programs
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$652
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
Loading map...
Neighborhood
11 Fernwood Ave, Lynn MA 01904
Lynn, MA 01904
Listing Information
Listing Agent
Ranjan Thapa
Listing Office
High Quality Real Estate LLC
Office Phone
857-373-9607
Agent MLS ID
CN256783
Office MLS ID
AN9381
Listing Data Updated
Jul 16, 2026 11:18 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Lynn.
Steve Novak Real Estate
Your message will be sent to Steve Novak Real Estate.