Excellent Three-Family Investment Opportunity in Lynn! Welcome to 147–149 Tracy Ave, a spacious multifamily property offering approximately 3,162 sq. ft. of living space with three residential units. Each apartment features generous living areas, hardwood flooring, two bedrooms, and one full bathroom. Additional highlights include separately metered utilities, private outdoor deck space, ample off-street parking, and a two-car garage. Conveniently situated on a residential street near schools, shopping, public transportation, and everyday amenities. Whether you’re looking to expand your investment portfolio or enjoy the benefits of owner-occupied multifamily living, this property offers flexibility, convenience, and excellent income potential. Don’t miss this opportunity!

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Basic Information

Gross Income $96,000
Mls StatusNew
Parcel Number M:0085 B:0493 L:0031,1999340
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

Tax Assessed Value $896,400
Tax Year 2026
Taxes$9,233

School Information

Elementary SchoolHood Elementary School
High SchoolLynn
High School Lynn English
Junior HighThurgood Marshall

Parking

Covered Spaces 1
Garage YN Yes
Open Parking YN Yes
Parking Features Paved Drive, Off Street
Parking Spaces6

Rooms

Bathroom3
Bathrooms Total Decimal 3
Bedrooms6
Full Bath3

Basic Information

List Price$1,099,000
MLS Number73596141
Modification Date10/29/2026
Property SubType3 Family

Location

Address147-149 Tracy Avenue
Building Number147-149
CountyEssex
NeighborhoodEast Lynn
StateMA
StreetTracy Avenue
SubdivisionEast Lynn
TownLynn
Zip01902

Building

BasementFull, Walk-Out Access
Building Area Units Square Feet
FireplaceYes
Fireplaces Total 1
FoundationStone
Garage Spaces1
Levels 3
Rooms14
Stories3
Units3
Utilities For Gas Range
Year Built1915
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.12

Interior

Flooring Hardwood
Interior Features Living Room, Dining Room, Kitchen

Utilities

Heat SystemYes
Heating Oil, Natural Gas
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 3,162
Lot Size Square Feet 5,415
Lot Size Units Acres
Square Feet3,162

Amenities

Amenities
- Bike Path
- Conservation Area
- Golf
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Park
- Pool
- Private School
- Public School
- Public Transportation
- Shopping
- T-Station
- Tennis Court(s)
- University
- Walk/Jog Trails
Appliances IncludedRange, Refrigerator
Other AmenitiesBasement, Fireplace, Golf, Tennis

Legal

ZoningR2

Other

Date Listed10/28/2026
Farm Land Area Units Square Feet

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