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Sold for $915,000
    • $915,000

    16 Hanover St, Lynn, MA 01902

    8beds
    3,678sqft
    2 Family - 2 Units Up/Down
    Built in 1880
    -- sqft lot
    $1,006,200 Zestimate®
    $249/sqft
    $2,066 Estimated rent

    Home value

    $1,006,200

    $926,000 - $1.10M

    $2,066/mo

    Zestimate® history
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    What's special

    Welcome to this spacious 2-family home featuring an additional studio with a full bath, perfect for generating extra income or hosting guests. The first floor offers 2 bedrooms and 1 bath, while the second floor includes 5 bedrooms, one of which is designed as an office space, and 1 bath, equipped with modern amenities, including separate utilities for each unit. Both water heaters were installed in 2021, a water filtration system installed in 2018 services the entire property. Additionally, a brand-new heating system was installed in 2023. The roof is approximately 12 years old, ensuring durability and reliability. The basement provides ample space with sufficient height to stand around comfortably. The yard is expansive ready for your creative touch. The attached studio, currently operating as a licensed daycare center, presents a unique opportunity to run a small business from home. Conveniently located, this home combines comfort and practicality with the potential for monetization

    Zillow last checked: 7 hours ago

    Listing updated: August 09, 2024 at 12:48pm

    Listed by:

    The Movement Group 978-712-9570,

    Compass 617-206-3333,

    Juan Rodriguez 781-417-9786

    Bought with:

    The Alianza Group

    Nina-Soto Realty, LLC

    Source: MLS PIN,MLS#: 73250910

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric, Natural Gas
    Features
    • Flooring: Wood, Tile
    • Basement: Full,Interior Entry,Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,678
    • Total interior livable area: 3,678 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved Drive, Paved
    • Uncovered spaces: 5
    Features
    • Patio & porch: Porch, Enclosed, Patio
    • Waterfront features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 9,604 sqft
    Details
    • Parcel number: M:053 B:722 L:025,2005688
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Family - 2 Units Up/Down
    Materials
    • Foundation: Stone, Irregular
    • Roof: Shingle
    Condition
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
    Location
    • Region: Lynn

    HOA & financial

    Other financial information
    • Total actual rent: 1900

    Other

    Other facts
    • Listing terms: Lease Back

    Price history

    DateEventPrice
    8/9/2024Sold$915,000+4.1%$249/sqft
    Source: MLS PIN #73250910 Report a problem
    6/12/2024Listed for sale$879,000+388.3%$239/sqft
    Source: MLS PIN #73250910 Report a problem
    11/16/1999Sold$180,000+309.1%$49/sqft
    Source: Public Record Report a problem
    2/26/1999Sold$44,000$12/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,096 +4.8%$878,033 +6.5%
    2024$8,678 +5.8%$824,100 +12.1%
    2023$8,200 $735,400

    Find assessor info on the county website

    Neighborhood: 01902

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    Estimated market value
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