29-35 Sagamore Street, Lynn MA 01902
Lynn, MA 01902
$2,649,000
Est. $13,596/month
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About this home
29-35 Sagamore Street presents a rare opportunity to acquire two adjacent, fully occupied 6-unit multifamily buildings in a highly desirable coastal neighborhood of Lynn. The properties consist of twelve total apartments comprised of six 2-bedroom / 1-bathroom units and six 1-bedroom / 1-bathroom units, along with 12+ off-street parking spaces and an on-site laundry facility. Located just moments from the beach, the asset benefits from strong tenant demand driven by its coastal setting, access to public transportation, and convenient connectivity to Boston and the North Shore.With all units occupied, 29-35 Sagamore Street presents a turnkey investment opportunity with immediate in-place income and long-term upside potential.
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Property History
Property Timeline
Listed for Sale
May 28, 2026
$2,649,000
Original listing
Office: Boston Realty Advisors
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/28/2026 | 🏠 Listed for Sale | $2,649,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9 | $9 |
Financial Details
Annual Property Tax
$9
Tax Year 2025
Assessed Value
$9
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1900
Living Area
8,694 sq ft
Lot Size
0.26 acres
Bedrooms
18
Full Baths
12
Total Rooms
39
Investment Metrics
Units
12
Unit 1 Rent
$2,300/mo · Y
Unit 2 Rent
$2,430/mo · Y
Unit 3 Rent
$2,095/mo · Y
Unit 4 Rent
$1,950/mo · Y
Total Monthly Rent
$8,775/mo
Gross Income
$310,543
Net Operating Income
$310,543
Cap Rate
11.72%
Interior
Heating
Baseboard
Cooling
None
Flooring
Wood, Carpet
Appliances
Range
Fireplace
None
Basement
Full, Interior Entry, Concrete, Unfinished
Laundry
Washer Hookup
Features
Lead Certification Available
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Shared Driveway, Off Street
Total Spaces
12
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, Washer Hookup
Financial
Annual Tax
$9
Assessed Value
$9
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
[]
Sq Ft Source
Other
Sq Ft Disclosures
Approximate. Some data sources from public record
Documents
None
County
Essex
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
18
Full Bathrooms
12
Living Area
8,694 sq ft
Total Rooms
39
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
8,694 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
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, Carpet
Appliances:
Range
Interior Features:
Lead Certification Available
Windows:
Basement:
Full, Interior Entry, Concrete, Unfinished
Laundry:
Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone, Brick/Mortar
Stories:
5
Heating, Cooling & Utilities
Heating:
Baseboard
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Gentle Sloping
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
12
Parking Features:
Paved Drive, Shared Driveway, Off Street
Nearby Schools
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
Elementary Schools
10 schools
B-
KIPP Academy Lynn Charter School
0.7 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
0.8 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
The Hathaway School
1.2 mi
Grades PK-08
St. Pius V Elementary School
1.5 mi
Grades PK-08
Sacred Heart Elementary School
1.8 mi
Grades PK-08
North Shore Christian School
2.1 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.8 mi
Grades PK-12
C-
E. J. Harrington Elementary School
0.3 mi
|
#717 of 824
|
Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students
Moderate
Rising School
Grades PK-05
C-
Brickett Elementary School
0.5 mi
|
#688 of 824
|
Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students
Moderate
Rising School
Grades K-05
C-
Ingalls School
0.8 mi
|
#673 of 824
|
Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students
Moderate
Rising School
Grades K-05
Middle Schools
2 schools
C-
Thurgood Marshall Middle School
0.8 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
2.1 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
High Schools
6 schools
B
Fredrick Douglass Collegiate Academy
0.2 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
St. Mary's High School
0.6 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.9 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.9 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
1.1 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
2.4 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
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Loan Summary
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95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
29-35 Sagamore Street, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
Daniel Alper
Listing Office
Boston Realty Advisors
Office Phone
617-375-7900
Agent MLS ID
CN254381
Office MLS ID
AN8461
Listing Data Updated
Jun 1, 2026 3:08 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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