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Exceptional mixed-use investment opportunity! Recently fully renovated, this well-maintained property features one commercial unit and three residential units, all fully occupied, offering immediate and strong income potential with an estimated 8% cap rate. Ideally situated on a corner lot with off-street parking and convenient access to public transportation, shopping, restaurants, major highways, and the beach. An excellent opportunity for investors or owner-occupants looking to expand their real estate portfolio.Put your money to work! Drive by and discover this outstanding income-producing opportunity.Explore the potential of real estate investing with this fully rented, income-producing property. Drive by and see this exceptional opportunity!

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Basic Information

  • Gross Income $165,600
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 2000368
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Tax Information

  • Tax Assessed Value $1,022,800
  • Tax Year 2026
  • Taxes$10,535

School Information

  • Elementary SchoolCobbet Elementary School
  • High School Lynn English High School
  • Junior HighThurgood Marshall

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, On Street
  • Parking Spaces4

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 7.5
  • Bedrooms10
  • Full Bath7
  • Half Baths1

Basic Information

  • List Price$1,795,000
  • MLS Number73567599
  • Modification Date08/25/2026
  • Property SubType4 Family - 4 Units Up/Down

Location

  • Address90 Essex Street
  • Building Number90
  • CountyEssex
  • StateMA
  • StreetEssex Street
  • TownLynn
  • Zip01902

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBlock, Stone
  • Levels 4
  • Rooms19
  • Stories4
  • Units4
  • Window Features Picture Window
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.12

Interior

  • Flooring Wood, Tile
  • Interior Features Open Floorplan, Bathroom with Shower Stall, Living Room, Kitchen

Exterior

  • RoofShingle, Rubber

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Expense 900
  • Heat SystemYes
  • Heating Central
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 8,672
  • Lot Size Square Feet 5,136
  • Lot Size Units Acres
  • Square Feet8,672

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
  • Appliances IncludedRange, Dishwasher, Refrigerator
  • Other AmenitiesTennis

Water Body

  • Miles to Beach1
  • Waterfront Features Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)

Other

  • Date Listed08/25/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Alvarenga & Son's Team of Keller Williams Realty Evolution

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