9 S Elm St, Lynn MA 01905

Lynn, MA 01905
$999,000
Est. $5,969/month
9
Beds
5
Baths
3,613
Sq Ft
$277
Price/Sq Ft
0.09
Acres
1900
Year Built
2
Garage Spaces
16 hours 42 minutes
Time on Market
Active Listed Jul 28, 2026 • MLS# 73552930 Copied! • Updated Jul 28, 2026

About this home

Well-maintained three-family offering strong in-place income and exceptional flexibility. Each apartment features 3 bedrooms plus a bonus room, separate living and dining rooms, private decks, hardwood floors, and updated electric service. Units 2 and 3 each offer two full baths. Long-term tenants have an excellent history of on-time rent payments and have worked collaboratively with ownership to facilitate a smooth sale and buyer access. All three units are clean, well cared for, and show exceptionally well. The property offers six off-street parking spaces, basement storage, and a detached accessory building with plumbing and electricity, providing outstanding flexible space for storage, workshop, studio, or hobby use. Lead compliance certificates are available for Units 1 and 2. Conveniently located near shopping, public transportation, major commuter routes, and on a quiet dead-end street.

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Property History

Property Timeline

🏠
Listed for Sale
Jul 28, 2026
$999,000
Original listing
Agent: DalBon & Company Office: Keller Williams Realty Evolution

Tax History

Year Taxes Assessment
2025 $8,608 $830,900

Financial Details

Annual Property Tax
$8,608
Tax Year 2025
Assessed Value
$830,900

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,613 sq ft
Lot Size 0.09 acres
Bedrooms 9
Full Baths 5
Total Rooms 21

Investment Metrics

Units 3
Unit 1 Rent $2,725/mo · N
Unit 2 Rent $2,100/mo · N
Unit 3 Rent $2,100/mo · N
Total Monthly Rent $6,925/mo
Gross Income $82,200
Net Operating Income $68,412
Operating Expenses $13,788
Water/Sewer Expense $4,200
Electric Expense $600
Insurance Expense $5,038
Cap Rate 6.85%
Heating Baseboard, Natural Gas, Electric
Cooling None
Flooring Wood, Tile, Laminate
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Living Room, Dining Room, Kitchen, Office/den
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 8
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $8,608
Assessed Value $830,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Garage Currently Used As Storage. Unit 1 Pays $75/month For Garage, Yard, And Left Side Of Shed. Seller Has Provided The Attached Letters Of Compliance/deleading Certificates. Buyers To Perform Their Own Due Diligence With Accessory Building Options.utilities Can Not Be Guaranteed To Be Separate.
Possession None
Accepted Financing None
Structure Type []
House Color beige
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
5
Living Area
3,613 sq ft
Total Rooms
21
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Laminate
Appliances: Range, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen, Office/Den
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Electric
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures: Shed(s)
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

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 $717
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

9 S Elm St, Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent DalBon & Company
Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID TM322885
Office MLS ID C95098
Listing Data Updated Jul 28, 2026 11:19 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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