98 Lafayette Park, Lynn MA 01902
Lynn, MA 01902
$975,000
Est. $5,973/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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About this home
Rare gem alert! Lynn multifamily opportunity offering approximately 3,425 sq. ft. with 8 bedrooms and 2 full baths. The two-family layout, separate utilities, off-street parking, and fenced yard provide excellent flexibility for owner-occupants or investors. Conveniently located near shopping, parks, public transportation, and everyday amenities, with easy access to surrounding Lynn and Boston-area destinations. A strong opportunity to add value and build equity in a well-located Lynn property. This property has had many updates and is currently income producing. Come check it out.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Oct 4, 2026
$975,000
Original listing
Agent: Fermin Group
Office: Century 21 North East
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/04/2026 | 🏠 Listed for Sale | $975,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,110 | $981,590 |
Financial Details
Annual Property Tax
$10,110
Tax Year 2026
Assessed Value
$981,590
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
3,425 sq ft
Lot Size
0.15 acres
Stories
2
Bedrooms
8
Full Baths
2
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
$3,300/mo · Y
Unit 2 Rent
$3,200/mo · Y
Total Monthly Rent
$6,500/mo
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile
Appliances
None
Fireplace
None
Basement
Concrete
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
8
Utilities
Electric
Circuit Breakers, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,110
Assessed Value
$981,590
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
2
Living Area
3,425 sq ft
Total Rooms
14
Stories
2
Levels
2
Floor Layout
Interior Features
Flooring:
Wood, Tile
Appliances:
Interior Features:
Windows:
Basement:
Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone, Brick/Mortar
Stories:
2
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Oil, Tankless
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
8
Parking Features:
Paved Drive
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
Elementary Schools
10 schools
The Hathaway School
0.7 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
0.8 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
1.2 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
1.7 mi
Grades PK-08
Sacred Heart Elementary School
2.0 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.5 mi
27 students
Diverse
Grades PK-12
C-
Brickett Elementary School
0.2 mi
|
#667 of 825
|
Score: 37.5
Improved 122 spots from last year
-20.7 below state avg
330 students
Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.3 mi
|
#721 of 825
|
Score: 34.3
Improved 72 spots from last year
-23.9 below state avg
685 students
Moderate
Rising School
Grades PK-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
Middle Schools
2 schools
C-
Thurgood Marshall Middle School
0.3 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
1.8 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
High Schools
6 schools
B+
Fredrick Douglass Collegiate Academy
0.7 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
St. Mary's High School
0.9 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.1 mi
259 students
Moderate
Grades 06-12
D
Lynn English High School
0.8 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
1.1 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
2.6 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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Monthly Payment Calculator
Monthly Payment
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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
$843
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
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Current Rate
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+0.5% Rate
$0/mo
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Payment Over Time
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.
Location
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Neighborhood
98 Lafayette Park, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
Fermin Group
Listing Office
Century 21 North East
Office Phone
978-208-0449
Agent MLS ID
TM321052
Office MLS ID
AN4356
Listing Data Updated
Oct 4, 2026 9:32 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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