Off Market

741 Salem St, Lynnfield, MA

Lynnfield · MA 01940

$974,900
Price
3
Beds
2.5
Baths
3648
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 2 Units
Lot size: 0.66 Acre Lot
Price per square foot: $267 / Sq.Ft
Parking: 2 Garage Spaces · 8 Off Street Spaces

About this home

A RARE OPPORTUNITY! NEWLY RE-ZONED SINGLE FAMILY HOME NOW A 2 FAMILY this unique owner occupied property offers outstanding flexibility for both owner occupants & investors. Originally a single-family home, it has been thoughtfully reconfigured while maintaining its character & charm.1st floor apartment features 4 rooms w/a spacious 1BR layout bright and dramatic living .2nd apartment spans the 2nd & 3rd floors, The impressive third floor showcases soaring ceilings w/ exposed beams,creating a bright & dramatic living space, along w/finished storage areas that provide exceptional versatility.Whether you're looking for rental income, multi-generational living, or an owner-occupied investment, this newly rezoned two-family presents a rare opportunity with spacious layouts and endless potential. Detached expanded garage with attached 2nd bay Beautiful oversized almost 3/4 acre level lot 4 BR septic Roof approx 6 years 1st floor kitchen needs re- freshening. What makes this home truly s

Neighborhood & Transit

741 Salem St, Lynnfield · MA 01940

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:
90 days
Listing Price:
$974,900
Price per Sq.Ft:
$267
Tax Assessment:
$916,300 in 2025
Taxes:
$1,145 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,648 Sq.Ft
Broker Disclosure about Living Area
floor plans attached
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3648
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
28,671 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
8 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
Julie Tsakirgis Group
Listing office
RE/MAX Property Shoppe, Inc.
MLS PIN #
73560327
Disclosure
Property newly re zoned to 2 family contingent upon 20 day appeal period approx 8/31/26 Property Taxes higher because seller paying 1/2 commercial rate $21.36 per thousand versus $11.46 per thousand residential rate Fireplaces not functional
Disclosure
floor plans attached