56 Orchard St, Lynn MA 01905

Lynn, MA 01905 • West Lynn

$989,000

Est. $5,867/month

8

Beds

3

Baths

3,304

Sq Ft

$299

Price/Sq Ft

0.07

Acres

1910

Year Built

4

Parking

3 Family - 3 Units Up/Down

Type

20

Days on Market

Active Listed Jun 30, 2026 • MLS# 73543356 Copied! • Updated Jul 18, 2026

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About this home

Exceptional three-family opportunity for investors or owner-occupants! This well-maintained property features two spacious three-bedroom units and one two-bedroom unit, separate utilities, three gas heating systems, low-maintenance vinyl siding, and off-street parking for four vehicles. A turnkey investment with strong income potential or the perfect opportunity to live in one unit while collecting rental income from the others.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

•

Back On Market

Jul 14, 2026

Active

📋

Status: Active under contract

Jul 12, 2026

Active → Active Under Contract

🏠

Listed for Sale

Jun 30, 2026

$989,000

Original listing

Agent: Eugene L. Clements Office: Clements Realty Group

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/14/2026	• Back On Market	-	-	-	Active
07/12/2026	📋 Status: Active under contract	-	-	-	Active → Active Under Contract
06/30/2026	🏠 Listed for Sale	$989,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$7,987	$770,900

Financial Details

Annual Property Tax

$7,987

Tax Year 2025

Assessed Value

$770,900

Facts & Features

Home Facts

Type Residential Income

Style 3 Family - 3 Units Up/Down

Year Built 1910

Living Area 3,304 sq ft

Lot Size 0.07 acres

Bedrooms 8

Full Baths 3

Total Rooms 14

Investment Metrics

Units 3

Unit 1 Rent $3,000/mo · N

Unit 2 Rent $3,000/mo · Y

Unit 3 Rent $2,280/mo · Y

Total Monthly Rent $8,280/mo

Gross Income $99,360

Net Operating Income $67,973

Operating Expenses $19,749

Water/Sewer Expense $3,585

Insurance Expense $6,538

Cap Rate 6.87%

Interior

Heating Natural Gas

Cooling None

Flooring Hardwood

Appliances Range, Refrigerator

Fireplace None

Basement Full, Walk-out Access, Interior Entry, Bulkhead, Concrete, Unfinished

Laundry None

Features Lead Certification Available, Bathroom With Tub & Shower, Internet Available - Broadband, Internet Available - Unknown, Living Room, Kitchen

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Rain Gutters

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Features Paved Drive, Off Street, Paved

Total Spaces 4

Utilities

Electric Circuit Breakers, 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $7,987

Assessed Value $770,900

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

Down Payment Resource Eligible

MA Disclosures

Seller Disclosures Seller Has Never Occupied This Property. First Floor Is Vacant And Rent Is Approximate.

Additional Details

Possession None

Accepted Financing None

Structure Type []

House Color Yellow

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 18 days

Property Overview

Property Type

3 Family - 3 Units Up/Down

Listing Type

For Sale

Year Built

1910

Bedrooms

8

Full Bathrooms

3

Living Area

3,304 sq ft

Total Rooms

14

Stories

4

Levels

4

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring: Hardwood

Appliances: Range, Refrigerator

Interior Features: Lead Certification Available, Bathroom With Tub & Shower, Internet Available - Broadband, Internet Available - Unknown, Living Room, Kitchen

Windows: Insulated Windows

Basement: Full, Walk-Out Access, Interior Entry, Bulkhead, Concrete, Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1910

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Stone

Stories: 4

Heating, Cooling & Utilities

Heating: Natural Gas

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: Corner Lot

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

E

Elementary Schools

3 schools

C

A. Drewicz Elementary School

0.3 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

C-

Wm. P. Connery Elementary School

0.3 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

C-

Lynn Vocational Technical Institute

0.6 mi | #284 of 346 | Score: 42.8

Improved 50 spots from last year

-15.5 below state avg

1,584 students Moderate

Early College Program Rising School Career Tech Programs

Grades PK-12

M

Middle Schools

2 schools

C+

Pickering Middle School

2.0 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

2.1 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

H

High Schools

3 schools

City Arts & Sciences Academy at Fecteau-Leary

0.7 mi

Grades 06-12

B-

Harold Durgin Success Academy

0.7 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

St. Mary's High School

0.9 mi

Grades 07-12

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Year 15

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Location

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Neighborhood

West Lynn

56 Orchard St, 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 Jul 18, 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

Steven Novak

BMN Boston Real Estate

(617) 955-2224 mail@steve-novak.com

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