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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.

More Info

Basic Information

  • Gross Income $148,800
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number M:053 B:725 L:036,2005862
  • 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 Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,164,400
  • Tax Year 2025
  • Taxes$12,063

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Driveway, Paved
  • Parking Spaces6

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms12
  • Full Bath6

Basic Information

  • List Price$1,529,986
  • MLS Number73519410
  • Modification Date05/14/2026
  • Property SubType5-9 Family
  • Virtual TourView Tour

Location

  • Address35-37 Park Street
  • Building Number35-37
  • CountyEssex
  • StateMA
  • StreetPark Street
  • TownLynn
  • Zip01905

Building

  • BasementFull, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Brick/Mortar
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms27
  • Stories5
  • Units6
  • Utilities For Gas Range
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.12

Interior

  • Flooring Tile, Vinyl, Carpet, Varies, Hardwood
  • Interior Features Living Room, Dining Room, Kitchen

Exterior

  • Exterior Features Decorative Lighting
  • RoofRubber

Utilities

  • Electric Expense 1201
  • Heat SystemYes
  • Heating Hot Water
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,631
  • Lot Size Square Feet 5,123
  • Lot Size Units Acres
  • Square Feet5,631

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningR4

Other

  • Date Listed05/14/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Matt Tasgin of United Brokers

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