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3-Unit Investment at 40 Hamilton Ave, Lynn! Fantastic opportunity for investors or owner-occupants-this multi-unit offers strong rental income potential with 3 units ready to generate cash flow. Benefit from ample off-street parking and a large backyard, a rare find perfect for tenants and added value. Ideally located near public transportation, commuter routes, shopping, dining, and Lynn's vibrant downtown, with easy access to Boston-making it highly attractive for renters. Whether you're expanding your portfolio or looking to live in one unit while collecting rents, this property delivers income, convenience, and long-term upside.

More Info

Basic Information

  • Contingency Inspection
  • Gross Income $72,600
  • Mls StatusUnder Agreement
  • Parcel Number 2003984
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $905,700
  • Tax Year 2026
  • Taxes$9,328

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces9

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms7
  • Full Bath3

Basic Information

  • List Price$1,000,050
  • MLS Number73514325
  • Modification Date06/02/2026
  • Property SubType3 Family - 3 Units Up/Down
  • Purchase Contract Date05/18/2026

Location

  • Address40 Hamilton Avenue
  • Building Number40
  • CountyEssex
  • StateMA
  • StreetHamilton Avenue
  • TownLynn
  • Zip01902

Building

  • BasementFull, Walk-Out Access, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms17
  • Stories3
  • Units3
  • Window Features Insulated Windows
  • Year Built1918
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.14

Interior

  • Flooring Tile, Hardwood
  • Interior Features High Speed Internet, Bathroom With Tub, Living Room, Kitchen

Exterior

  • Exterior Features Balcony/Deck, Balcony
  • Fencing Fenced/Enclosed
  • RoofShingle

Utilities

  • Electric 220 Volts
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 3,274
  • Lot Size Square Feet 6,199
  • Lot Size Units Acres
  • Square Feet3,274

Amenities

  • AmenitiesPublic Transportation, Shopping, Public School
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningR2

Other

  • Date Listed05/07/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Adele Faso of eXp Realty

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