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Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!

More Info

Basic Information

  • Listing Terms Contract
  • Lot Features Corner Lot, Level
  • Mls StatusNew
  • Parcel Number M:069 B:656 L:001,2003999

Tax Information

  • Tax Assessed Value $932,300
  • Tax Year 2025
  • Taxes$9,659

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces3

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms11
  • Full Bath3

Basic Information

  • List Price$1,199,000
  • MLS Number73546120
  • Modification Date07/08/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address162 Washington Street
  • Building Number162
  • CountyEssex
  • StateMA
  • StreetWashington Street
  • TownLynn
  • Zip01902

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Brick/Mortar
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms17
  • Stories3
  • Units3
  • Year Built1890
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.08

Interior

  • Flooring Tile, Hardwood
  • Interior Features
    • Bathroom With Tub & Shower
    • Kitchen
    • Living Room
    • Remodeled
    • Upgraded Cabinets
    • Upgraded Countertops

Exterior

  • Exterior Features Balcony/Deck, Balcony

Utilities

  • Heat SystemYes
  • Heating Baseboard, Natural Gas, Hot Water, Forced Air
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,088
  • Lot Size Square Feet 3,306
  • Lot Size Units Acres
  • Square Feet4,088

Amenities

  • Amenities
    • House of Worship
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
  • Appliances IncludedRange, Microwave, Refrigerator
  • Other AmenitiesBasement

Water Body

  • Miles to Beach2
  • Waterfront Features Ocean,1 to 2 Mile To Beach

Legal

  • ZoningR2

Other

  • Date Listed07/08/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Decotis Group of Lyv Realty

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