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42 Valley Ave, Lynn MA 01902 – 6 bed 3 bath For Sale – 73385270

$ 799,900
42 Valley Ave, Lynn MA 01902,

Overview

  • Updated On:
  • August 2, 2025
  • listingid
  • 73385270
  • 6 Bedrooms
  • 3 Bathrooms
  • 0 Garage Spaces
  • 4 Non-Garage Parking Spaces
  • 1880

Description

Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend their portfolio, so do not miss out on this one.

This property is listed by Jose Reyes from Re-yes Real Estate

Property Listing Details

Overview

MLS Status
Price $ 799,900
Living Area 2,388.00 ft2
Bedrooms 6
Total Rooms 12
Listing MLS ID 73385270
Days on Market 60
Bathrooms 3

Unit Information

Bedrooms 6
Full Bathrooms 3
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 4
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Interior Entry,Concrete,Unfinished
Patio And Porch Features
Parking Features Paved Drive,Off Street,Paved
Waterview Features
Flooring Wood,Tile

Building Information

Building Name
Units in Building 2
Pets Allowed
Association Amenities
Pool Features
Waterfront Features Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Association Fee Includes
Construction Materials Frame
Year Built 1880
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Interior Entry,Concrete,Unfinished
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Stable(s),Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University
Disclosures Leased Solar panels to be transferred to new owner.Seller is firm on asking price.
Last Updated August 2, 2025 at 07:03pm
Building Area Source Public Records
MLS PIN Page
Parcel Number M:069 B:665 L:001,2004299
Original List Price 825000
Listing Office re-yes real estate
Tax Annual Amount 7968
Tax Assessed Value 769105
Tax Book Number 36844
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning R2
Listing Agent jose reyes

Property Address

Address: 42 Valley Ave, Lynn MA 01902
City:
State/County:
Zip: 01902
Country: United States

Amenities and Features

Other Features
Open Parking

Payment Calculator

$ 4,583.22
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,836.64

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

What's Nearby

Food

The Blue Ox
(0.42 miles)The Blue Ox
One Mighty Mill
(0.49 miles)One Mighty Mill
Nightshade Noodle Bar
(0.54 miles)Nightshade Noodle Bar
Tacos Lupita
(0.41 miles)Tacos Lupita
Cafe Bayon
(1.37 miles)Cafe Bayon

Health & Medical

North Shore Dental Associates
(0.44 miles)North Shore Dental Associates
BayRidge Hospital
(0.45 miles)BayRidge Hospital
Lynn Community Health Center
(0.38 miles)Lynn Community Health Center
Flax Pond Chiropractic Care
(0.82 miles)Flax Pond Chiropractic Care
Full Potential Chiropractic
(1.38 miles)Full Potential Chiropractic

Shopping

Lynn Vintage Warehouse
(0.48 miles)Lynn Vintage Warehouse
Ravenstone
(0.51 miles)Ravenstone
Salty Seas Vintage
(0.48 miles)Salty Seas Vintage
Lady's Secret Boutique
(0.39 miles)Lady's Secret Boutique
Zimman's
(0.42 miles)Zimman's

Contact Me

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42 Valley Ave, Lynn MA 01902 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

42 Valley Ave, Lynn MA 01902 – 6 bed 3 bath For Sale – 73385270

$ 799,900

Status:

42 Valley Ave, Lynn MA 01902, , , 01902

Country: United States

Property Overview

MLS #: 73385270

Type: /

Action:

Year Built: 1880 (Approximate, Source: Public Records, Effective: )

Living Area: 2,388.00 ft2 (Total: 2388 Square Feet, Source: Public Records)

Lot Size: 0.06 ft2 (Area: 0.06 Acres, SqFt: 2566)

Total Rooms: 12

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 6 (Main Level: )

Bathrooms: Total: 3 (Full: 3, Half: 0, Decimal: 3, Main Level: )

Basement: Full,Interior Entry,Concrete,Unfinished

Fireplaces: 0 ()

Flooring: Wood,Tile

Laundry:

Window Features: Insulated Windows

Door Features: Insulated Doors

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Concrete Perimeter (Area: 999)

Roof: Shingle

Stories: 3 (3)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer (LYNN)

Utilities: for Gas Range,for Electric Range

Electric: 110 Volts,100 Amp Service (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 4

Parking Features: Paved Drive,Off Street,Paved

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features:

View: (, Waterview Y/N: No)

Waterfront: Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Road Frontage: Public ()

Road Surface: Paved

Road Responsibility: Public Maintained Road

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Stable(s),Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: Ford, M: Marshalls, H: English

Zoning: R2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend their portfolio, so do not miss out on this one.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 2

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2200, Lease: Y

Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2000, Lease: Y

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 7968 (Year: 2025)

Tax Assessed Value: 769105

Tax Block/Lot/Book/Map: / / 36844 /

Parcel Number: M:069 B:665 L:001,2004299

Special Licenses:

Current Financing:

Gross Income: 50400 (Scheduled: )

Net Operating Income: 50400

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 4200

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Jose Reyes (MLS ID: C4681941) / Team:

Listing Office: Re-yes Real Estate (MLS ID: C10136)

Agent (Property): 369593

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-06-03

Expiration Date: 1900-01-01

Original List Price: 825000

Price Per SqFt (List): 334.97

Market Time (Property): 60 (Broker: 60, Prev Broker: 0, Prev Property: 0)

MLS Status: Price Changed

Possession:

Directions: Off High Rock St

Disclosures: Leased Solar panels to be transferred to new owner.Seller is firm on asking price., N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 395)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2306141

Modification Timestamp: August 2, 2025 at 07:03pm

Bridge Modification Timestamp: August 2, 2025 at 07:06pm

Original Entry Timestamp: June 4, 2025 at 03:42pm

Status Change Timestamp: August 2, 2025 at 05:44pm

Off Market Date:

Development Status:

Business Type:

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