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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8
Beds
2
Baths
3,425
Sq Ft
$285
Price/Sq Ft
0.15
Acres
1900
Year Built
8
Parking
20
Days on Market
For Sale Listed Oct 4, 2026 • MLS# 73586370 Copied! • Updated Oct 8, 2026

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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

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 4, 2026
$975,000
Original listing
Agent: Fermin Group Office: Century 21 North East

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
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement Concrete
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive
Total Spaces 8
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,110
Assessed Value $981,590
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 4 days

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

Utilities & Systems

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 information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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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
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

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 8, 2026 3:05 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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Steve Novak Real Estate
Steve Novak Real Estate
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