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43 Highrock Street, Lynn MA 01902 - Preview 1 43 Highrock Street, Lynn MA 01902 - Preview 2 43 Highrock Street, Lynn MA 01902 - Preview 3 43 Highrock Street, Lynn MA 01902 - Preview 4 43 Highrock Street, Lynn MA 01902 - Preview 5 43 Highrock Street, Lynn MA 01902 - Preview 6
43 Highrock Street, Lynn MA 01902 - Preview 1 43 Highrock Street, Lynn MA 01902 - Preview 2 43 Highrock Street, Lynn MA 01902 - Preview 3 43 Highrock Street, Lynn MA 01902 - Preview 4 43 Highrock Street, Lynn MA 01902 - Preview 5 43 Highrock Street, Lynn MA 01902 - Preview 6

43 Highrock Street, Lynn MA 01902

Lynn, MA 01902
$1,900,000
Est. $11,134/month
0.10
Acres
1900
Year Built
40
Days on Market
Active Listed Jun 19, 2026 • MLS# 73538789 Copied! • Updated Jun 23, 2026

About this home

Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

BMN Estimate

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 19, 2026
$1,900,000
Original listing
Agent: Eugene L. Clements Office: Clements Realty Group

Tax History

Year Taxes Assessment
2025 $15,914 —

Financial Details

Annual Property Tax
$15,914
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Lot Size 0.10 acres
Gross Income $186,360
Net Operating Income $116,791
Operating Expenses $31,904
Cap Rate 6.15%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Natural Gas Available

Financial

Annual Tax $15,914
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

Listing Type
Commercial Sale
Year Built
1900

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features:
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

3 schools
B-
KIPP Academy Lynn Charter School
0.1 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
Robert L Ford School
0.2 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Rising School
Grades K-05
C-
Cobbet Elementary School
0.5 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Rising School
Grades PK-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.9 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
1.3 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

3 schools
St. Mary's High School
0.5 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.5 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.5 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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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 $1,326
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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Current Rate
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+0.5% Rate
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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

43 Highrock Street, Lynn MA 01902

Lynn, MA 01902

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 Jun 23, 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.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
mail@steve-novak.com
Ask about this property — free, no obligation.

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