15 Hanover St, Lynn MA 01902
Lynn, MA 01902
$887,977
Est. $5,244/month
About this home
Cash Flow Opportunity – Space, Location & Strong Potential! Welcome to 15 Hanover St, Lynn — a rare 9+ bedroom income-producing property featuring a newer roof, newer porches, and expansive off-street parking. Conveniently located just 15 minutes to Boston, 10 minutes to Revere Beach, a short distance to the commuter rail and public transportation, and surrounded by shops, restaurants, and everyday conveniences. Offering excellent rental appeal, major exterior updates, and a prime commuter-friendly location — this is an investment opportunity buyers won’t want to miss. casa grande con un potential gigantesco recipe was $4,000 de rent casa de oportunidad!!
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 23, 2026
Active → Active Under Contract
Pending Sale
Jul 22, 2026
Offer accepted, sale pending
Listed for Sale
Jul 16, 2026
$887,977
Original listing
Agent: Fermin Group
Office: Century 21 North East
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/23/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/22/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/16/2026 | 🏠 Listed for Sale | $887,977 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,650 | $641,874 |
Financial Details
Annual Property Tax
$6,650
Tax Year 2025
Assessed Value
$641,874
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1860
Living Area
2,452 sq ft
Lot Size
0.16 acres
Bedrooms
9
Full Baths
2
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Gross Income
$14,400
Net Operating Income
$14,400
Cap Rate
1.62%
Interior
Heating
None
Cooling
None
Flooring
Wood, Plywood, Vinyl
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Dirt Floor
Laundry
None
Features
Living Room, Dining Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street
Total Spaces
8
Utilities
Electric
110 Volts, 220 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$6,650
Assessed Value
$641,874
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
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)
21 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1860
Bedrooms
9
Full Bathrooms
2
Living Area
2,452 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,452 sq ft above grade
Display Options
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:
Wood, Plywood, Vinyl
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen
Windows:
Insulated Windows
Basement:
Full, Dirt Floor
Laundry:
Security:
Construction & Materials
Year Built:
1860
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone, Brick/Mortar, Granite
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Cooling Zones:
1
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street
Nearby Schools
School information not available for this location.
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
$554
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
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Neighborhood
15 Hanover St, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
Fermin Group
Listing Office
Century 21 North East
Office Phone
978-208-0449
Agent MLS ID
TM321052
Office MLS ID
AN4356
Listing Data Updated
Aug 6, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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