32 Morris Street, Lynn MA 01905
Lynn, MA 01905 • West Lynn
$989,900
Est. $5,905/month
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About this home
Best deal in Lynn! Outstanding investment or owner-occupant opportunity in a highly desirable West Lynn location. Situated on a quiet side street with ample off-street parking, this well-maintained three-family property offers three spacious units, each currently configured with five rooms and three bedrooms. The first-floor unit will be delivered vacant, providing an excellent opportunity for an owner-occupant or investor to renovate and potentially reconfigure the space into a four-bedroom unit for added value and increased rental income. Each apartment is separately metered and features gas heat. Additional highlights include letters of de-leaded compliance, low-maintenance vinyl siding, and a rubber roof. A rare opportunity to expand your portfolio or occupy one unit while collecting rental income from the others in one of Lynn’s most desirable neighborhoods.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Aug 6, 2026
Active → Active Under Contract
Pending Sale
Aug 2, 2026
Offer accepted, sale pending
Listed for Sale
Jun 19, 2026
$989,900
Original listing
Agent: Eugene L. Clements
Office: Clements Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/06/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 08/02/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/19/2026 | 🏠 Listed for Sale | $989,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,400 | $815,500 |
Financial Details
Annual Property Tax
$8,400
Tax Year 2025
Assessed Value
$815,500
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Side by Side
Year Built
1923
Living Area
3,456 sq ft
Lot Size
0.07 acres
Stories
3
Bedrooms
9
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$2,400/mo · Y
Unit 2 Rent
$3,000/mo · Y
Unit 3 Rent
$3,300/mo · Y
Total Monthly Rent
$8,700/mo
Gross Income
$99,180
Net Operating Income
$74,325
Operating Expenses
$9,046
Water/Sewer Expense
$1,832
Electric Expense
$353
Insurance Expense
$6,669
Cap Rate
7.51%
Interior
Heating
Natural Gas
Cooling
None
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Interior Entry, Concrete
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
4
Utilities
Electric
100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,400
Assessed Value
$815,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Hello
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
62 days
Property Overview
Property Type
3 Family - 3 Units Side by Side
Listing Type
Sale Pending
Year Built
1923
Bedrooms
9
Full Bathrooms
3
Living Area
3,456 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,456 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:
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Kitchen
Windows:
Insulated Windows
Basement:
Full, Interior Entry, Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1923
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
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
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Paved
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
3 schools
C
A. Drewicz Elementary School
0.2 mi
|
#600 of 824
|
Score: 40.9
Improved 84 spots from last year
-17.3 below state avg
488 students
Moderate
Rising School
Grades K-05
Sacred Heart Elementary School
0.5 mi
Grades PK-08
C-
Wm. P. Connery Elementary School
0.5 mi
|
#719 of 824
|
Score: 34.2
Improved 75 spots from last year
-24.1 below state avg
563 students
Moderate
Rising School
Grades K-05
Middle Schools
2 schools
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
C-
Thurgood Marshall Middle School
2.3 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
High Schools
3 schools
C-
Classical High School
0.8 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
City Arts & Sciences Academy at Fecteau-Leary
1.0 mi
Grades 06-12
B-
Harold Durgin Success Academy
1.0 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
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Monthly Payment Breakdown
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Homeowners Insurance
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Loan Summary
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Payment Over Time
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95% Interest
Year 15
50/50
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Location
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Neighborhood
West Lynn
32 Morris Street, Lynn MA 01905
Lynn, MA 01905
Listing Information
Listing Agent
Eugene L. Clements
Listing Office
Clements Realty Group
Office Phone
781-595-9600
Agent MLS ID
C8000525
Office MLS ID
C95263
Listing Data Updated
Aug 20, 2026 3:05 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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