22 Reed St, Lynn MA 01905

Lynn, MA 01905
$1,100,000
Est. $6,527/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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6
Beds
3
Baths
3,239
Sq Ft
$340
Price/Sq Ft
0.33
Acres
1920
Year Built
2
Garage Spaces
New today
Time on Market
For Sale Listed Oct 29, 2026 • MLS# 73596753 Copied! • Updated Oct 30, 2026

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About this home

Exceptional WATERFRONT investment opportunity in Lynn! This triple-decker, set on a DOUBLE SIZED LOT offers three spacious levels of living, each with 2 bedrooms, 1 full bath and their own private decks, creating an appealing blend of traditional New England character and functional multi-family living. Outside, the property truly distinguishes itself. The oversized lot offers an abundance of room for outdoor enjoyment, while a detached two-car garage and additional off-street parking spaces provide a level of parking rarely found with multi-family properties. A full basement adds valuable storage and utility space. Whether you're an investor seeking a substantial income-producing asset or an owner-occupant looking to offset housing costs with rental income, this property offers an impressive foundation and considerable potential. Conveniently located in Lynn's Austin Square neighborhood, with easy access to local shops, restaurants, parks, schools, public transportation, and the amenities of the North Shore and Greater Boston, a property of this size and lot profile is a compelling opportunity to own a truly substantial multi-family asset in Lynn. Buyer and buyer's agent to perform their own due diligence regarding zoning, permitted uses, rental history, and all property information. Showings begin Saturday, October 31!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 29, 2026
$1,100,000
Original listing
Office: eXp Realty LLC - Corporate Office

Tax History

Year Taxes Assessment
2026 $9,182 $891,500

Financial Details

Annual Property Tax
$9,182
Tax Year 2026
Assessed Value
$891,500

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1920
Living Area 3,239 sq ft
Lot Size 0.33 acres
Stories 3
Bedrooms 6
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Heating None
Cooling None
Flooring Wood, Tile, Carpet
Appliances None
Fireplace None
Basement Full, Interior Entry, Concrete, Unfinished
Laundry Washer Hookup
Features None
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 8
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $9,182
Assessed Value $891,500
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures 2nd & 3rd Floor Deck In Need Of Repair. Please Do Not Use.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
3,239 sq ft
Total Rooms
15
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Carpet
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry, Concrete, Unfinished
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Stone, Brick/Mortar
Stories: 3

Utilities & Systems

Heating:
Cooling:
Hot Water: Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street, Paved

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River
Community Amenities:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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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 $765
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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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

22 Reed St, Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent Dawn Aiello
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID CN238500
Office MLS ID AC0342
Listing Data Updated Oct 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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