44 A&B Park St., Lynn MA 01905

Lynn, MA 01905
$1,325,000
$1,224,995
Est. $7,169/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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12
Beds
3
Baths
4,740
Sq Ft
$258
Price/Sq Ft
0.08
Acres
1880
Year Built
1
Parking
84
Days on Market
For Sale Price Drop -$100,005 Listed Jun 26, 2026 • MLS# 73542427 Copied! • Updated Sep 15, 2026

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About this home

Prime Investment Opportunity, 6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for a showing!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
7.5%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Sep 15, 2026
New showing requirements
👤
Agent Changed
Sep 15, 2026
Jason Barenholtz → Mike Brasco
Agent: Mike Brasco
Price Reduced
Aug 18, 2026
$1,224,995 $100,005 (-7.55%)
From $1,325,000 to $1,224,995 (-7.5%)
🏠
Listed for Sale
Jun 26, 2026
$1,325,000
Original listing
Agent: Jason Barenholtz Office: Century 21 Shawmut Properties

Tax History

Year Taxes Assessment
2025 $9,297 $897,400

Financial Details

Annual Property Tax
$9,297
Tax Year 2025
Assessed Value
$897,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1880
Living Area 4,740 sq ft
Lot Size 0.08 acres
Stories 3
Bedrooms 12
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $3,000/mo · Y
Unit 2 Rent $3,022/mo · Y
Unit 3 Rent $3,000/mo · Y
Total Monthly Rent $9,022/mo
Gross Income $108,264
Net Operating Income $108,264
Cap Rate 8.84%
Heating Natural Gas, Oil
Cooling None
Flooring Hardwood
Appliances Range, Refrigerator, Freezer
Fireplace None
Basement Full, Interior Entry, Concrete
Laundry None
Features Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
Construction Frame
Architecture None
Roof Rubber
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Covered
Features Paved Drive, Off Street, Paved
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,297
Assessed Value $897,400
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Certified Treated
Seller Disclosures Property Being Sold As Is. Washer And Dryer And Refridgerator/freezer In Unit 2 Belong To The Current Tenant.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 81 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
12
Full Bathrooms
3
Living Area
4,740 sq ft
Total Rooms
18
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator, Freezer
Interior Features: Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
Windows:
Basement: Full, Interior Entry, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas, Oil
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features: Easements, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Paved Drive, Off Street, Paved
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
C-
Lynn Vocational Technical Institute
0.5 mi | #292 of 346 | Score: 41.8
Improved 42 spots from last year
-16.4 below state avg
1,566 students Moderate
Early College Program High Graduation Rate Rising School Career Tech Programs
Grades PK-12
Sacred Heart Elementary School
0.6 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
0.7 mi | #203 of 346 | Score: 52.0
Improved 58 spots from last year
-6.2 below state avg
1,629 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
St. Pius V Elementary School
1.2 mi
Grades PK-08
North Shore Christian School
1.7 mi
Grades PK-08
The Hathaway School
1.9 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.0 mi
27 students Diverse
Grades PK-12
C-
Wm. P. Connery Elementary School
0.3 mi | #729 of 825 | Score: 33.7
Improved 65 spots from last year
-24.5 below state avg
558 students Moderate
Rising School
Grades K-05
C-
Cobbet Elementary School
0.3 mi | #698 of 825 | Score: 35.9
Improved 68 spots from last year
-22.4 below state avg
631 students Less Diverse
Rising School
Grades PK-05
C
Tracy School
0.4 mi | #639 of 825 | Score: 38.9
Dropped 36 spots from last year
-19.3 below state avg
410 students Less Diverse
Grades K-05
M

Middle Schools

2 schools
C+
Pickering Middle School
1.5 mi | #229 of 352 | Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students Diverse
Rising School
Grades 06-08
C-
Thurgood Marshall Middle School
1.6 mi | #311 of 352 | Score: 30.7
Improved 40 spots from last year
-27.5 below state avg
1,190 students Moderate
Rising School
Grades 06-08
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.3 mi
259 students Moderate
Grades 06-12
St. Mary's High School
0.6 mi
Grades 07-12
B+
Fredrick Douglass Collegiate Academy
1.0 mi | #11 of 25 | Score: 34.7
Improved 331 spots from last year
-23.5 below state avg
364 students Moderate
Early College Program Rising School
Grades 06-12
B-
Harold Durgin Success Academy
0.3 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
98 students Moderate
Rising School Career Tech Programs Strong Attendance
Grades 09-12
D
Lynn English High School
1.2 mi | #315 of 346 | Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
1.2 mi | #304 of 346 | Score: 37.5
Improved 49 spots from last year
-20.8 below state avg
1,513 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 $775
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

44 A&B Park St., Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent Mike Brasco
Listing Office Century 21 Shawmut Properties
Office Phone 617-787-2121
Agent MLS ID BB302684
Office MLS ID BB2272
Listing Data Updated Sep 15, 2026 7:14 PM 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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