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8 Ray, Lynn MA 01905

Lynn, MA 01905
$750,000
Est. $4,580/month
6
Beds
3
Baths
2,760
Sq Ft
$272
Price/Sq Ft
0.04
Acres
1910
Year Built
2
Parking
5
Days on Market
Pending Listed Dec 3, 2025 • MLS# 73459271 Copied! • Updated Dec 15, 2025

About this home

Discover this fantastic DELEADED 3 family, Layout featuring a total of 6 bedrooms and 3 full bath, located close to all the amenities, access to public transportation, Shoping Centers, restaurant and parks. the convenience is major draw for quality, long - term renters. This is the one you been waiting for, to secure a solid, income-producing asset. whether you looking to grew your investment portfolio or purchase a first home with built -in financial help, this property delivers exceptional value and potential

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

👤
Agent Changed
Dec 15, 2025
Manrique Alvarenga →
🏠
Listed for Sale
Dec 3, 2025
$750,000
Original listing
Agent: Manrique Alvarenga Office: LPT Realty, LLC
🏠
Listed for Sale
Dec 3, 2025
$750,000
Original listing
Agent: Manrique Alvarenga Office: LPT Realty, LLC

Tax History

Year Taxes Assessment
2025 $7,054 $690,000

Financial Details

Annual Property Tax
$7,054
Tax Year 2025
Assessed Value
$690,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1910
Living Area 2,760 sq ft
Lot Size 0.04 acres
Bedrooms 6
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent $2,300/mo · N
Unit 3 Rent $2,300/mo · N
Total Monthly Rent $4,600/mo
Gross Income $55,200
Net Operating Income $55,200
Cap Rate 7.36%
Heating None
Cooling None
Flooring Tile, Carpet, Hardwood
Appliances None
Fireplace None
Basement Full
Laundry Gas Dryer Hookup, Washer Hookup
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 2
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup

Financial

Annual Tax $7,054
Assessed Value $690,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures We Have Letter Of Compliance For Lead Certification - Property Requires Flood Insurance
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 6 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
6
Full Bathrooms
3
Living Area
2,760 sq ft
Total Rooms
15
Stories
3
Levels
3

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: Tile, Carpet, Hardwood
Appliances:
Interior Features:
Windows: Insulated Windows, Storm Window(s)
Basement: Full
Laundry: Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Hot Water: Electric
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: 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

3 schools
C
A. Drewicz Elementary School
0.4 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
0.5 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
Sacred Heart Elementary School
0.7 mi
Grades PK-08
M

Middle Schools

2 schools
C+
Pickering Middle School
2.2 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
2.2 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
0.9 mi
Grades 06-12
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
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
St. Mary's High School
1.1 mi
Grades 07-12
Learn about these ratings

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 $588
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.

Location

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Neighborhood

8 Ray, Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent Best of Boston Living Team
Listing Office LPT Realty, LLC
Office Phone 877-366-2213
Agent MLS ID TM361859
Office MLS ID AN8227
Listing Data Updated Dec 15, 2025 7:57 AM EST
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
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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