2 Mace Pl, Lynn MA 01902

Lynn, MA 01902
$1,100,000
$950,000
Est. $5,869/month
10
Beds
3
Baths
4,432
Sq Ft
$214
Price/Sq Ft
0.07
Acres
1910
Year Built
2
Parking
7
Days on Market
For Sale Price Drop -$150,000 Listed Aug 19, 2026 • MLS# 73556663 Copied! • Updated Aug 25, 2026

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About this home

Exceptional opportunity to own a well-maintained three-family in Lynn's highly desirable Diamond District, less than one-half mile from the beach. This spacious property offers over 4,400 square feet of living space with three large apartments featuring high ceilings, original character, and functional layouts. The first and second floor units each offer 3 bedrooms, while the third floor features a 4-bedroom apartment with an additional office/den. Additional highlights include two off-street parking spaces, private porches and decks, and a basement with two additional rooms and a full bath, offering excellent flexible space. The property also includes enclosed storage areas, adding valuable utility for owners and tenants alike. A rare opportunity to own a substantial multifamily property in one of Lynn's most sought-after neighborhoods with convenient access to beaches, restaurants, public transportation, and commuter routes. Lead compliance certificates are available for all 3 units.

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Recently Sold Nearby

Property History

Market Insights

13.6%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Aug 25, 2026
New showing requirements
🏠
Listed for Sale
Aug 19, 2026
$950,000
Original listing
Agent: DalBon & Company Office: Keller Williams Realty Evolution
🏠
Listed for Sale
Aug 19, 2026
$1,100,000
Original listing
Agent: DalBon & Company Office: Keller Williams Realty Evolution
🏠
Listed for Sale
Aug 19, 2026
$1,100,000
Original listing
Agent: DalBon & Company Office: Keller Williams Realty Evolution

Tax History

Year Taxes Assessment
2025 $10,388 $1,002,700

Financial Details

Annual Property Tax
$10,388
Tax Year 2025
Assessed Value
$1,002,700

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1910
Living Area 4,432 sq ft
Lot Size 0.07 acres
Stories 3
Bedrooms 10
Full Baths 3
Total Rooms 17

Investment Metrics

Units 3
Unit 1 Rent $2,250/mo · N
Unit 2 Rent $2,200/mo · N
Unit 3 Rent $2,100/mo · N
Total Monthly Rent $6,550/mo
Gross Income $78,600
Net Operating Income $60,839
Operating Expenses $17,761
Water/Sewer Expense $3,600
Electric Expense $600
Insurance Expense $6,361
Cap Rate 6.40%
Heating Baseboard, Natural Gas
Cooling None
Flooring Wood, Tile, Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Kitchen, Laundry Room, Office/den
Construction None
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck
Features Paved Drive, Off Street
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $10,388
Assessed Value $1,002,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated, Unknown
Seller Disclosures Seller Has Provided The Attached Letters Of Compliance/deleading Certificates. All Utilities Can Not Be Guaranteed To Be Separate. All Additional Disclosures Are In The Paperclip.
Possession None
Accepted Financing None
Structure Type []
House Color brown
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
10
Full Bathrooms
3
Living Area
4,432 sq ft
Total Rooms
17
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen, Laundry Room, Office/Den
Windows:
Basement: Full
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street

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
Total Interest
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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 $866
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

2 Mace Pl, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent DalBon & Company
Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID TM322885
Office MLS ID C95098
Listing Data Updated Aug 25, 2026 3:46 PM 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

Steve Novak Real Estate
Steve Novak Real Estate
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