For Sale

71 Harwood St, Lynn, MA

Lynn · MA 01902

$3,100,000
Price
12
Beds
12
Baths
10224
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 12 Units
Lot size: 8,019 Sq.Ft Lot
Price per square foot: $303 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

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.

Neighborhood & Transit

71 Harwood 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:
86 days
Listing Price:
$3,100,000
Price per Sq.Ft:
$303
Tax Assessment:
$2,367,400 in 2025
Taxes:
$2,044 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
12
Half Bathrooms
0
Living Area
10,224 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
10224
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
8,019 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Katy Loucks
Listing office
Lamacchia Realty, Inc.
MLS PIN #
73561330
Disclosure
Seller is related to the listing agent. Listing agent has never occupied the property.