11 Sachem St, Lynn MA 01902

Lynn, MA 01902
$975,000
Est. $5,966/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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7
Beds
3
Baths
3,199
Sq Ft
$305
Price/Sq Ft
0.05
Acres
1900
Year Built
17 hours 36 minutes
Time on Market
For Sale Open House Listed Sep 29, 2026 • MLS# 73583742 Copied! • Updated Sep 30, 2026

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Open House Schedule

03
Oct
Saturday, October 3
12:30 PM - 2:00 PM EDT

About this home

Excellent opportunity for investors or owner-occupants in Lynn’s desirable Diamond District, just blocks from the beach and conveniently located near the Commuter Rail, MBTA service, Route 1A, North Shore Community College, downtown dining, shopping, and area amenities. This well-maintained three-family has been updated over the past several years, including kitchens, flooring, fixtures, windows, electrical, and other utilities. Unit 1 offers three bedrooms and one bath, while Units 2 and 3 each feature two bedrooms and one bath. The units enjoy comfortable layouts, generously sized bedrooms, eat-in kitchens, and abundant natural light. Separate utilities add convenience and efficiency, while the spacious basement provides additional storage and laundry hookups. A versatile property offering strong income potential and an excellent opportunity to live in one unit while renting the others.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 29, 2026
$975,000
Original listing
Agent: Vincent Forzese Office: Realty One Group Nest

Tax History

Year Taxes Assessment
2026 $10,036 $974,400

Financial Details

Annual Property Tax
$10,036
Tax Year 2026
Assessed Value
$974,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,199 sq ft
Lot Size 0.05 acres
Stories 3
Bedrooms 7
Full Baths 3
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent $2,800/mo · N
Unit 2 Rent $2,800/mo · N
Unit 3 Rent $2,800/mo · N
Total Monthly Rent $8,400/mo
Gross Income $100,800
Net Operating Income $100,800
Cap Rate 10.34%
Heating Baseboard, Natural Gas
Cooling None
Flooring None
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Full, Unfinished
Laundry None
Features Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen, Office/den
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $10,036
Assessed Value $974,400
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Certified Treated
Seller Disclosures Units Were Rented Tenant At Will Through Centerboard But Will Be Delivered Vacant.
Possession None
Accepted Financing None
Structure Type []
House Color blue
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,199 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances: Range, Microwave, Refrigerator
Interior Features: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen, Office/Den
Windows: Insulated Windows
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 3
Cooling: None
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $836
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

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Current Rate
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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 Sachem St, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Vincent Forzese
Listing Office Realty One Group Nest
Office Phone 978-255-4394
Agent MLS ID G8002213
Office MLS ID AN6420
Listing Data Updated Sep 30, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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