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Andrée Robert

andree.robert@engelvoelkers.com +1(978) 290-2360

$ 1,199,000

Est. payment -/mo

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Open Thu 5PM-6PM

162 Washington St Lynn, MA 01902

11 Beds

3 Baths

4,088 SqFt

Open House

Thu Jul 09, 5:00pm - 6:00pm

Sat Jul 11, 1:30pm - 2:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,088 sqft

Price per Sqft $293

MLS Listing ID 73546120

Bedrooms 11

Full Baths 3

Year Built 1890

Annual Tax Amount $9,659

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

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!

Location

State MA

County Essex

Zoning R2

Direction Use GPS

Rooms

Basement Full, Unfinished

Interior

Interior Features Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen

Heating Baseboard, Natural Gas, Hot Water, Forced Air

Flooring Tile, Hardwood

Appliance Range, Microwave, Refrigerator

Exterior

Exterior Feature Balcony/Deck, Balcony

Community Features Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School, T-Station

Waterfront Description Ocean,1 to 2 Mile To Beach

Total Parking Spaces 3

Garage No

Building

Lot Description Corner Lot, Level

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Lyv Realty

NEARBY SCHOOLS & PROPERTIES

Andrée Robert

+1(978) 290-2360

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