344 Essex St, Lynn MA 01902

Lynn, MA 01902
$585,000
Est. $3,698/month
7
Beds
2.5
Baths
2,487
Sq Ft
$235
Price/Sq Ft
0.09
Acres
1900
Year Built
13
Days on Market
Closed Listed Jun 26, 2025 • MLS# 73397010 Copied!

About this home

Multifamily perfect for CONTRACTORS, FLIPPERS or other ALL-CASH buyers looking for next project.Great investment opportunity with *significant upside potential* for those ready to roll up their sleeves. Whether you're looking to renovate & flip, create cash-flowing rental units, or live in 1 unit & rent the other, this is a fantastic opportunity to build equity. House has solid bones & spacious units. 1st floor consists of spacious LR, kitchen, full bath, and 3 to 4 BRs depending on whether you want a separate dining room. 2nd unit consists of a kitchen, LR, dining room, 3 BRs, Flex Room & 1.5 baths. Flex Room on 3rd floor can be used as an exercise area or office or maybe a small sleeping area? Both units have separate utilities. Common laundry & common storage in bsmt. Fenced in backyard. 3 tandem parking spots in driveway! Property sold AS IS & AS SEEN. SELLERS & SELLER AGENT MAKES NO WARRANTIES OR REPRESENTATIONS! CASH BUYER ONLY! Buyer responsible for obtaining smoke certificate

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,487 sq ft
Total Rooms
13
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $594,900
Final Sale Price: $585,000
Difference: $9,900 (-1.7%)
Performance Metrics
98.3%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $239
Sale $/sq ft: $235
This property sold for $235 per square foot
Sale Summary

This property sold for 1.7% below the original asking price.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1900
Living Area 2,487 sq ft
Lot Size 0.09 acres
Bedrooms 7
Full Baths 2
Half Baths 1
Total Rooms 13

Interior

Heating Central
Cooling Window Unit(s)
Flooring Vinyl, Varies, Wood
Appliances Range, Oven, Microwave, Refrigerator
Fireplace None
Basement Partial, Interior Entry, Bulkhead, Concrete, Unfinished
Laundry Washer Hookup
Features Ceiling Fan(s), Storage, Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room, Office/den

Exterior

Construction None
Architecture None
Roof Shingle, Rubber
Features Rain Gutters
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch None

Parking

Features Paved Drive, Off Street, Tandem, Paved
Total Spaces 3

Utilities

Electric 110 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, Washer Hookup

Financial

Annual Tax $6,480
Assessed Value $625,455

Interior Features

Flooring: Vinyl, Varies, Wood
Appliances: Range, Oven, Microwave, Refrigerator
Interior Features: Ceiling Fan(s), Storage, Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room, Office/Den
Windows: Insulated Windows
Basement: Partial, Interior Entry, Bulkhead, Concrete, Unfinished
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle, Rubber
Foundation: Stone, Irregular
Stories: 3

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch:
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Tandem, Paved

Location

Loading map...

Neighborhood

344 Essex St, Lynn MA 01902

Lynn, MA 01902

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 $540
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

Market Insights

1.7%
Price Range
14
Total Days on Market

Property Timeline

Sold
Aug 22, 2025
$585,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Jun 26, 2025
$594,900
Original listing
Agent: Steven Mango Office: StartPoint Realty

Price & Status History

Date Event Price Change
Jun 26, 2025 New Listing Added $594,900

Market Statistics

Days on Market
13 days
Price per Sq Ft
$235

Tax History

Year Taxes Assessment
2025 $6,480 $625,455

Financial Details

Annual Property Tax
$6,480
Tax Year 2025
Assessed Value
$625,455

Listing Information

Listing Agent Steven Mango
Listing Office StartPoint Realty
Agent MLS ID CN234978
Office MLS ID AN5803
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

344 Essex St, Lynn MA 01902 - Photo 1 344 Essex St, Lynn MA 01902 - Photo 2 344 Essex St, Lynn MA 01902 - Photo 3 344 Essex St, Lynn MA 01902 - Photo 4 344 Essex St, Lynn MA 01902 - Photo 5 344 Essex St, Lynn MA 01902 - Photo 6 344 Essex St, Lynn MA 01902 - Photo 7 344 Essex St, Lynn MA 01902 - Photo 8 344 Essex St, Lynn MA 01902 - Photo 9 344 Essex St, Lynn MA 01902 - Photo 10 344 Essex St, Lynn MA 01902 - Photo 11 344 Essex St, Lynn MA 01902 - Photo 12 344 Essex St, Lynn MA 01902 - Photo 13 344 Essex St, Lynn MA 01902 - Photo 14 344 Essex St, Lynn MA 01902 - Photo 15 344 Essex St, Lynn MA 01902 - Photo 16 344 Essex St, Lynn MA 01902 - Photo 17 344 Essex St, Lynn MA 01902 - Photo 18 344 Essex St, Lynn MA 01902 - Photo 19 344 Essex St, Lynn MA 01902 - Photo 20 344 Essex St, Lynn MA 01902 - Photo 21 344 Essex St, Lynn MA 01902 - Photo 22 344 Essex St, Lynn MA 01902 - Photo 23 344 Essex St, Lynn MA 01902 - Photo 24 344 Essex St, Lynn MA 01902 - Photo 25 344 Essex St, Lynn MA 01902 - Photo 26 344 Essex St, Lynn MA 01902 - Photo 27 344 Essex St, Lynn MA 01902 - Photo 28 344 Essex St, Lynn MA 01902 - Photo 29 344 Essex St, Lynn MA 01902 - Photo 30 344 Essex St, Lynn MA 01902 - Photo 31 344 Essex St, Lynn MA 01902 - Photo 32 344 Essex St, Lynn MA 01902 - Photo 33 344 Essex St, Lynn MA 01902 - Photo 34 344 Essex St, Lynn MA 01902 - Photo 35 344 Essex St, Lynn MA 01902 - Photo 36 344 Essex St, Lynn MA 01902 - Photo 37 344 Essex St, Lynn MA 01902 - Photo 38 344 Essex St, Lynn MA 01902 - Photo 39 344 Essex St, Lynn MA 01902 - Photo 40 344 Essex St, Lynn MA 01902 - Photo 41 344 Essex St, Lynn MA 01902 - Photo 42

Contact Agent

Schedule a Tour