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11 Fernwood Ave, Lynn MA 01904

Lynn, MA 01904
$999,999
$975,000
Est. $5,782/month
6
Beds
3
Baths
2,619
Sq Ft
$372
Price/Sq Ft
0.13
Acres
1920
Year Built
10
Parking
40
Days on Market
Active Price Drop -$24,999 Open House Listed Jun 2, 2026 • MLS# 73527966 Copied! • Updated Jun 14, 2026

Open House Schedule

13
Jul
Monday, July 13
10:00 AM - 11:00 AM EDT

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.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.5%
Price Range

Property Timeline

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

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%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features Paved Drive, Off Street
Total Spaces 10
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,826
Assessed Value $755,400
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Please Send All Offers As A Single Combined Pdf To Realestate@hquality.ai By Tuesday 06/09 5pm
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 12 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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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
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
E

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
M

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
H

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
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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

Interest
Principal
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

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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 Jun 14, 2026 4:05 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

Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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