72 74 Hanover Street, Lynn MA 01902

Lynn, MA 01902
$975,000
Est. $5,825/month
9
Beds
3
Baths
3,513
Sq Ft
$278
Price/Sq Ft
0.05
Acres
1910
Year Built
13
Days on Market
Pending Listed Dec 6, 2025 • MLS# 73460401 Copied!

About this home

Located at 72 74 Hanover Street, in the vibrant city of Lynn, Massachusetts, this multi-family residence presents a unique opportunity to own a substantial property with enduring character. Its location offers convenience and access to the amenities of city life. This classic Triple Decker features updated heat and hot water. All 3 units have Certificates of Compliance. Great rents with 3 bedrooms in each unit. Third floor is leased until, 1st and second floors vacant and ready to occupancy. Third floor rent is actual, 1st and second floor rents are from most recent tenants. All in all a great opportunity for the owner occupant to live and collect solid rental income, or the investor to capitalize!

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
9
Full Bathrooms
3
Living Area
3,513 sq ft
Total Rooms
15
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1910
Living Area 3,513 sq ft
Lot Size 0.05 acres
Bedrooms 9
Full Baths 3
Total Rooms 15

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full, Concrete, 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 Paved Drive, Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,340
Assessed Value $785,400

Interior Features

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

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 3
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: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

72 74 Hanover Street, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
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
0.3 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 College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.5 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 Career Tech Programs
Grades PK-12
Sacred Heart Elementary School
1.0 mi
Grades PK-08
St. Pius V Elementary School
1.0 mi
Grades PK-08
North Shore Christian School
1.5 mi
Grades PK-08
The Hathaway School
1.5 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.0 mi
Grades PK-12
C-
Cobbet Elementary School
0.1 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Grades PK-05
C
Washington Elementary School
0.3 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Grades K-05
C
Robert L Ford School
0.5 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.3 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Grades 06-08
C+
Pickering Middle School
1.4 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Grades 06-08
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.2 mi
Grades 06-12
St. Mary's High School
0.3 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
0.7 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program
Grades 06-12
B-
Harold Durgin Success Academy
0.2 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Career Tech Programs
Grades 09-12
D
Lynn English High School
0.9 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
1.6 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

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Over life of loan
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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 $695
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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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

Market Insights

Property Timeline

🏠
Listed for Sale
Dec 6, 2025
$975,000
Original listing
Agent: Bill McMahon Office: McMahon Natoli Realty
🏠
Listed for Sale
Dec 6, 2025
$975,000
Original listing
Agent: Bill McMahon Office: McMahon Natoli Realty
Pending Sale
Dec 6, 2025
Offer accepted, sale pending

Price & Status History

Date Event Price Change
Dec 6, 2025 New Listing Added $975,000
Dec 6, 2025 New Listing Added $975,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$278

Tax History

Year Taxes Assessment
2026 $8,340 $785,400

Financial Details

Annual Property Tax
$8,340
Tax Year 2026
Assessed Value
$785,400

Listing Information

Listing Agent Bill McMahon
Listing Office McMahon Natoli Realty
Agent MLS ID BB980357
Office MLS ID AN1101
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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Steven Novak

BMN Boston Real Estate

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