7 Ward St., Lynn MA 01902

Lynn, MA 01902
$925,000
$899,999
Est. $5,459/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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5
Beds
3
Baths
2,141
Sq Ft
$420
Price/Sq Ft
0.08
Acres
1900
Year Built
2
Parking
61
Days on Market
For Sale Price Drop -$25,001 Listed Jul 14, 2026 • MLS# 73549163 Copied! • Updated Sep 12, 2026

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About this home

Turnkey 3-family investment opportunity moments from the desirable East Lynn neighborhood. Completely gut-renovated in 2017 and meticulously maintained, this fully sprinklered property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit — each thoughtfully updated with modern kitchens and bathrooms, hardwood flooring, and open-concept living and dining layouts. Additional highlights include a generous backyard, off-street parking, and strong rental demand in a rapidly growing market. Ideally situated approximately 1.5 miles from the beautiful Kings Beach and just minutes from the MBTA Commuter Rail station in Lynn — with easy access to Swampscott and the broader North Shore corridor. For end users or investors seeking a truly turnkey asset with immediate income potential and long-term upside, this one checks every box.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.7%
Price Range

Property Timeline

Price Reduced
Sep 11, 2026
$899,999 $25,001 (-2.7%)
From $925,000 to $899,999 (-2.7%)
Back On Market
Sep 11, 2026
Active
Pending Sale
Jul 31, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Jul 14, 2026
$925,000
Original listing
Office: Serhant

Tax History

Year Taxes Assessment
2025 $8,498 $820,300

Financial Details

Annual Property Tax
$8,498
Tax Year 2025
Assessed Value
$820,300

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,141 sq ft
Lot Size 0.08 acres
Stories 3
Bedrooms 5
Full Baths 3
Total Rooms 11

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Heating None
Cooling None
Flooring Wood, Vinyl
Appliances None
Fireplace None
Basement Concrete, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters, Decorative Lighting
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck
Features Paved Drive, Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $8,498
Assessed Value $820,300
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures The Property Is Completely Vacant.
Possession None
Accepted Financing None
Structure Type []
House Color Dove
Sq Ft Source Public Record
Sq Ft Disclosures First floor, and second floor floor-plans are almost identical.
Documents None
County Essex
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
3
Living Area
2,141 sq ft
Total Rooms
11
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Vinyl
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Decorative Lighting
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features: Cleared, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street
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
B-
KIPP Academy Lynn Charter School
0.5 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
0.6 mi
Grades PK-08
The Hathaway School
0.8 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.2 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
North Shore Christian School
1.2 mi
Grades PK-08
Sacred Heart Elementary School
1.7 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.0 mi
27 students Diverse
Grades PK-12
C
Robert L Ford School
0.3 mi | #595 of 825 | Score: 40.9
Improved 202 spots from last year
-17.3 below state avg
449 students Less Diverse
Rising School
Grades K-05
C-
Ingalls School
0.3 mi | #672 of 825 | Score: 37.2
Improved 126 spots from last year
-21 below state avg
620 students Less Diverse
Rising School
Grades K-05
C
Hood School
0.4 mi | #606 of 825 | Score: 40.5
Improved 39 spots from last year
-17.7 below state avg
553 students Moderate
Rising School
Grades PK-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.7 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
C+
Pickering Middle School
1.2 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
H

High Schools

6 schools
St. Mary's High School
0.8 mi
Grades 07-12
B+
Fredrick Douglass Collegiate Academy
0.9 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
City Arts & Sciences Academy at Fecteau-Leary
0.9 mi
259 students Moderate
Grades 06-12
D
Lynn English High School
0.3 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
B-
Harold Durgin Success Academy
0.9 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
C-
Classical High School
2.3 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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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $708
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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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

7 Ward St., Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Vincent Rizzo
Listing Office Serhant
Office Phone 617-250-0559
Agent MLS ID CN223059
Office MLS ID AN9455
Listing Data Updated Sep 12, 2026 3:30 AM 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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Steve Novak Real Estate
Steve Novak Real Estate
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