Property is completely vacant. Renovated Turnkey 3-Family Investment Opportunity located just moments from the desirable East Lynn neighborhood. Completely gut-renovated in 2017, this well-maintained property features a fully sprinklered building with two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, each offering modern kitchens and bathrooms, hardwood flooring, and open living/dining layouts. Additional highlights include a large backyard, off-street parking, and strong rental appeal. Ideally situated approximately 1.5 miles from Kings Beach, the property also provides convenient access to the MBTA Commuter Rail station in Lynn, along with nearby Swampscott and the greater North Shore. A fantastic opportunity for investors looking to capitalize on the area’s growing rental market with a truly turnkey asset.
| Units | 3 |
| Living area | 2,141 sqft |
| Lot size | 3,515 sqft |
| Year built | 1900 |
| Price / sqft | $439 |
| County | Essex |
| MLS # | 73483241 |
| Annual property tax | $8,498 |
| Tax year | 2025 |
| Assessed value | $820,300 |
| Zoning | R2 |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 11 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street, Tandem |
| Basement | Concrete |
| Foundation | Block |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Vinyl |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Listing courtesy of Douglas Elliman Real Estate - Park Plaza — Vincent Rizzo. Listing data © MLS PIN.
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It is a 3-unit multi-family property with 2,141 sqft of living area, built in 1900.
Annual property taxes are $8,498 (2025), on an assessed value of $820,300.
At $940,000 for 2,141 sqft, that's about $439 per square foot.
2 total parking spaces (paved drive, off street, tandem).
7 Ward St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.