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15 Hanover St, Lynn MA 01902

Lynn, MA 01902
$887,977
Est. $5,244/month
9
Beds
2
Baths
2,452
Sq Ft
$362
Price/Sq Ft
0.16
Acres
1860
Year Built
8
Parking
13 hours 7 minutes
Time on Market
Active Open House Listed Jul 16, 2026 • MLS# 73551062 Copied! • Updated Jul 16, 2026

Open House Schedule

19
Jul
Sunday, July 19
11:30 AM - 1:30 PM EDT
18
Jul
Saturday, July 18
1:00 PM - 3:00 PM EDT
20
Jul
Monday, July 20
5:30 PM - 7:30 PM EDT

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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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 16, 2026
$887,977
Original listing
Agent: Fermin Group Office: Century 21 North East

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%
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
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 8
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
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Essex

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

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: 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

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

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 Jul 16, 2026 3:29 PM 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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