Home Homes for Sale 35-37 Park St, Lynn MA 01905
Price cut: $35K

$1,494,986
$265/sqft · Lynn, MA
12Beds
6Baths
5,631Sqft
0.12 acresLot Size
35-37 Park St, Lynn MA 01905
Active Listed 119 days ago
5-9 Family Built in 1900 0.12 Acre Lot 6 Parking Spaces

What's Special

5-9 FamilyBuilt in 19006 Parking SpacesPrice Reduced

Welcome to your next investment opportunity! 35-37 Park St presents a rare chance to acquire a well-located 6-family property in one of Lynn’s strong and continuously growing rental markets. 7.2% current CAP and fully lead compliant! This large multifamily offers excellent income-producing potential with multiple units, strong cash flow opportunity, and long-term upside for both seasoned investors and owner-occupants looking to build wealth through real estate. New front entrance with with granite steps, new fencing, new concrete around foundation, new landscaping, repaired siding, rear porch, exterior of building. Conveniently located near major highways, public transportation, shopping, restaurants, schools, parks, and downtown Lynn. With consistent rental demand and future value-add potential, this is an ideal opportunity for investors looking to generate steady rental income while benefiting from long-term appreciation.

Location

Property Details

Core Details

Property Type5-9 Family
Year Built1900
Parcel NumberM:053 B:725 L:036,2005862
ZoningR4
Stories5
MLS #73519410

Space & Sizing

Living Area5,631 sqft
Above Grade5,631 sqft
Total Rooms27
Bedrooms12
Bathrooms6
Lot Size0.12 acres

Features & Systems

Parking6 Parking Spaces
Open Parking6
ConstructionFrame
FoundationStone, Brick/Mortar
RoofRubber
HeatingHot Water
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Appliances
Range Refrigerator
Community Features
Highway Access House of Worship Laundromat Medical Facility Park Public School Public Transportation Shopping Walk/Jog Trails
Exterior Features
Decorative Lighting
Flooring
Carpet Hardwood Tile Varies Vinyl
Interior Features
Dining Room Kitchen Living Room
Levels
5
Lot Features
Level
Lead Paint
Certified Treated
Parking Features
Driveway Off Street Paved Paved Drive
Patio And Porch Features
Porch
Rent Includes
Unit 1(Heat,Water,Hot Water) Unit 2(Heat,Water,Hot Water) Unit 3(Heat,Water,Hot Water) Unit 4(Heat,Water,Hot Water)
Road Surface Type
Paved
Utilities
for Gas Range

Additional Information

Disclosures: The information herein may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents & Buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder. Seller has never occupied the property.

Directions: GPS

Financial Details

Annual Taxes$12,063 (2025)
Assessed Value$1,164,400
Gross Income$148,800
Operating Expense$37,998
Net Operating Income$110,802
Tax Book Number14528
Listed on May 14, 2026 Updated Sep 10, 2026 5:16 PM Essex County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73519410

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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