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162 Washington St, Lynn MA 01902

Lynn, MA 01902
$1,199,000
Est. $7,068/month
11
Beds
3
Baths
4,088
Sq Ft
$293
Price/Sq Ft
0.08
Acres
1890
Year Built
3
Parking
4 hours 58 minutes
Time on Market
Active Open House Listed Jul 7, 2026 • MLS# 73546120 Copied! • Updated Jul 7, 2026

Open House Schedule

11
Jul
Saturday, July 11
1:30 PM - 2:30 PM EDT
09
Jul
Thursday, July 9
5:00 PM - 6:00 PM EDT

About this home

Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 8, 2026
$1,199,000
Original listing
Agent: The Decotis Group Office: Lyv Realty

Tax History

Year Taxes Assessment
2025 $9,659 $932,300

Financial Details

Annual Property Tax
$9,659
Tax Year 2025
Assessed Value
$932,300

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1890
Living Area 4,088 sq ft
Lot Size 0.08 acres
Bedrooms 11
Full Baths 3
Total Rooms 17

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating Baseboard, Natural Gas, Hot Water, Forced Air
Cooling None
Flooring Tile, Hardwood
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Full, Unfinished
Laundry None
Features Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
Construction Frame
Architecture None
Roof None
Features Balcony/deck, Balcony
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street, Paved
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,659
Assessed Value $932,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Kitchen Renovations In Unit 1 Will Be Completed Prior To Closing. Unit 3 Will Not Be Shown, Do Not Walk To Unit Or Knock On Door.
Possession None
Accepted Financing Contract
Structure Type []
House Color Beige
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1890
Bedrooms
11
Full Bathrooms
3
Living Area
4,088 sq ft
Total Rooms
17
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: Tile, Hardwood
Appliances: Range, Microwave, Refrigerator
Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Hot Water, Forced Air
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Balcony
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Corner Lot, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Paved
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

10 schools
B-
KIPP Academy Lynn Charter School
0.2 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.6 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
St. Pius V Elementary School
0.9 mi
Grades PK-08
Sacred Heart Elementary School
1.1 mi
Grades PK-08
The Hathaway School
1.4 mi
Grades PK-08
North Shore Christian School
1.4 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.0 mi
Grades PK-12
C-
Cobbet Elementary School
0.2 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Rising School
Grades PK-05
C
Robert L Ford School
0.4 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Rising School
Grades K-05
C
Washington Elementary School
0.4 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.2 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
C+
Pickering Middle School
1.4 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
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.3 mi
Grades 06-12
St. Mary's High School
0.3 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
0.7 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
B-
Harold Durgin Success Academy
0.3 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
D
Lynn English High School
0.8 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
C-
Classical High School
1.7 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $805
Homeowners Insurance $200
PMI (if <20% down) $0

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Year 1
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Year 15
50/50
Year 30
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Location

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Neighborhood

162 Washington St, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent The Decotis Group
Listing Office Lyv Realty
Office Phone 978-533-8000
Agent MLS ID TM329119
Office MLS ID AN6884
Listing Data Updated Jul 7, 2026 9:55 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
BMN Boston Real Estate
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BMN Boston Real Estate

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