Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.

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Basic Information

Mls StatusNew
Parcel Number M:053 B:723 L:048,2005777

Tax Information

Tax Assessed Value $2,367,400
Tax Year 2025
Taxes$24,526

Parking

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

Rooms

Bathroom12
Bathrooms Total Decimal 12
Bedrooms12
Full Bath12

Basic Information

List Price$3,300,000
MLS Number73561330
Modification Date08/10/2026
Property SubType5+ Family - 5+ Units Up/Down

Location

Address71 Harwood Street
Building Number71
CountyEssex
StateMA
StreetHarwood Street
TownLynn
Zip01902

Building

BasementUnfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationStone
Levels 3
Patio And Porch Features Porch
Rooms36
Stories3
Units12
Year Built1905
Year Built Details Actual
Year Built Source Public Records

Property

Acreage0.18

Interior

Flooring Wood, Tile, Vinyl

Exterior

RoofRubber

Utilities

Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 10,224
Lot Size Square Feet 8,019
Lot Size Units Acres
Square Feet10,224

Amenities

AmenitiesPublic Transportation, Shopping, Park, Public School
Other AmenitiesBasement

Legal

ZoningR4

Other

Date Listed08/10/2026
Farm Land Area Units Square Feet

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Newton, MA

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More Info

Basic Information

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Newton, MA