For Sale

55 Rock Ave, Lynn, MA

Lynn · MA 01902

$1,775,000
Price
18
Beds
6
Baths
7785
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 4,866 Sq.Ft Lot
Price per square foot: $228 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

Attention investors! First time on the market in almost 20 years! A substantial investment has been made to replace all six gas-fired heating systems, hot water tanks and common area upgrades in this well-maintained six-unit apartment building. Each oversized three-bedroom unit has separate utilities, and the property offers off-street parking and an established rent roll. Three units have recently undergone extensive renovations, including new bathrooms, refinished hardwood floors, fresh paint, and additional updates. All units have Letters of Deleading Compliance. Professionally maintained with significant recent improvements, this income-producing property offers a desirable unit mix and potential for future rental growth.

Neighborhood & Transit

55 Rock Ave, 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:
38 days
Listing Price:
$1,775,000
Price per Sq.Ft:
$228
Tax Assessment:
$1,254,900 in 2026
Taxes:
$1,077 / Monthly

Home Facts

Interior Features

Bedrooms
18
Full Bathrooms
6
Half Bathrooms
0
Living Area
7,785 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
7785
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
4,866 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 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
Eugene Clements
Listing office
Clements Realty Group
MLS PIN #
73582954