Off Market

162 Washington St, Lynn, MA

Lynn · MA 01902

$1,149,000
Price
11
Beds
3
Baths
4088
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 3,306 Sq.Ft Lot
Price per square foot: $281 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

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!

Neighborhood & Transit

162 Washington St, Lynn · MA 01902

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
118 days
Listing Price:
$1,149,000
Price per Sq.Ft:
$281
Tax Assessment:
$932,300 in 2025
Taxes:
$805 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
3
Half Bathrooms
0
Living Area
4,088 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4088
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
3,306 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Decotis Group
Listing office
Lyv Realty
MLS PIN #
73546120
Disclosure
Kitchen renovations in unit 1 will be completed prior to closing. Unit 1 and 2 vacant. Unit 3 will not be shown until an offer is accepted, do not walk to unit or knock on door.