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29-35 Sagamore Street, Lynn MA 01902

Lynn, MA 01902
$2,649,000
Est. $13,596/month
18
Beds
12
Baths
8,694
Sq Ft
$305
Price/Sq Ft
0.26
Acres
1900
Year Built
12
Parking
41
Days on Market
Active Listed May 28, 2026 • MLS# 73525911 Copied! • Updated Jun 1, 2026

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

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%
Heating Baseboard
Cooling None
Flooring Wood, Carpet
Appliances Range
Fireplace None
Basement Full, Interior Entry, Concrete, Unfinished
Laundry Washer Hookup
Features Lead Certification Available
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Shared Driveway, Off Street
Total Spaces 12
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $9
Assessed Value $9
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
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

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, 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
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
0.7 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
M

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
H

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

Principal & Interest $0
Property Tax $1
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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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

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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Steven Novak
Steven Novak
BMN Boston Real Estate
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29-35 Sagamore Street, Lynn MA 01902 - Photo 1 29-35 Sagamore Street, Lynn MA 01902 - Photo 2 29-35 Sagamore Street, Lynn MA 01902 - Photo 3 29-35 Sagamore Street, Lynn MA 01902 - Photo 4 29-35 Sagamore Street, Lynn MA 01902 - Photo 5 29-35 Sagamore Street, Lynn MA 01902 - Photo 6 29-35 Sagamore Street, Lynn MA 01902 - Photo 7 29-35 Sagamore Street, Lynn MA 01902 - Photo 8 29-35 Sagamore Street, Lynn MA 01902 - Photo 9 29-35 Sagamore Street, Lynn MA 01902 - Photo 10 29-35 Sagamore Street, Lynn MA 01902 - Photo 11
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