(617) 955-2224
Preview 1 Preview 2 Preview 3 Preview 4 Preview 5 Preview 6 Preview 7 Preview 8
Preview 1 Preview 2 Preview 3 Preview 4 Preview 5 Preview 6 Preview 7 Preview 8

505-507 Boston St, Lynn MA 01905

Lynn, MA 01905
$1,315,000
Est. $7,690/month
9
Beds
4
Baths
3,765
Sq Ft
$349
Price/Sq Ft
0.07
Acres
1910
Year Built
4 Family - 4 Units Up/Down
Type
44
Days on Market
Active Listed Oct 23, 2025 • MLS# 73447102 Copied!

About this home

Turnkey 4-Unit Investment Property – Fully Rented!Exceptional opportunity to own a high-performing, fully rented four-unit property generating $8,985 per month in rental income. Unit 1 is currently configured as a two-bedroom, though public records list it as a three-bedroom. Property features include an updated boiler and water heaters, separately metered utilities, and a strong rental history ensuring consistent cash flow. Ideal for investors seeking a stable, low-maintenance asset in a desirable location.Private showings by appointment only. No open houses. Serious, vetted buyers only.

Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
9
Full Bathrooms
4
Living Area
3,765 sq ft
Total Rooms
17
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1910
Living Area 3,765 sq ft
Lot Size 0.07 acres
Bedrooms 9
Full Baths 4
Total Rooms 17

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Other
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,085
Assessed Value $973,500

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating:
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: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Other

Location

Loading map...

Neighborhood

505-507 Boston St, Lynn MA 01905

Lynn, MA 01905

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $840
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Property History

Property Timeline

🏠
Listed for Sale
Oct 23, 2025
$1,315,000
Original listing

Price & Status History

Date Event Price Change
Oct 23, 2025 New Listing Added $1,315,000 —

Market Statistics

Days on Market
44 days
Price per Sq Ft
$349

Tax History

Year Taxes Assessment
2025 $10,085 $973,500

Financial Details

Annual Property Tax
$10,085
Tax Year 2025
Assessed Value
$973,500

Listing Information

Listing Agent Leah Polacke
Listing Office Gamut Group LLC
Agent MLS ID CN200702
Office MLS ID AN5931
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Lynn, MA

Real-time market trends and pricing data for this area

505-507 Boston St, Lynn MA 01905 - Photo 1 505-507 Boston St, Lynn MA 01905 - Photo 2 505-507 Boston St, Lynn MA 01905 - Photo 3 505-507 Boston St, Lynn MA 01905 - Photo 4 505-507 Boston St, Lynn MA 01905 - Photo 5 505-507 Boston St, Lynn MA 01905 - Photo 6 505-507 Boston St, Lynn MA 01905 - Photo 7 505-507 Boston St, Lynn MA 01905 - Photo 8

Contact Agent

Schedule a Tour