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Sold for $1,025,000
  • $1,025,000

    16 Trinity Ave, Lynn, MA 01902

    12beds
    4,710sqft
    3 Family - 3 Units Up/Down
    Built in 1900
    -- sqft lot
    $1,177,300 Zestimate®
    $218/sqft
    $2,835 Estimated rent

    Home value

    $1,177,300

    $1.09M - $1.26M

    $2,835/mo

    Zestimate® history
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    $6,330/mo

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    What's special

    16 Trinity Ave (the "Property") is a HUGE three story building containing (3), 4-Bedroom/1-Bathroom units with 4,710 square feet of living area in 6,776 total SF on a 0.166-acre parcel of land with ample on-site parking. Two of the three residential units in the large multi-family building were recently renovated (one within the last several months). The top floor’s renovations included condominium quality finishes throughout. In-place leases are below market rates; the opportunity exists to upgrade the unrenovated unit interiors and unfinished attic space to drive rental rates in an urban-infill, high demand/supply-constrained residential market. 16 Trinity Avenue is well-located in a densely populated residential neighborhood adjacent to downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities around Lynn’s Central Square, the primary commercial area in Downtown Lynn that offers convenient access to an array of “downtown” amenities

    Zillow last checked: 7 hours ago

    Listing updated: May 31, 2023 at 02:37pm

    Listed by:

    Stephen Girolamo 978-406-1789,

    Horvath & Tremblay 781-776-4000,

    Stephen Girolamo 978-406-1789

    Bought with:

    Alberto Lozano

    C Realty Corp.

    Source: MLS PIN,MLS#: 73097942

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 4,710
    • Total interior livable area: 4,710 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off Street
    • Uncovered spaces: 6
    Lot
    • Size: 7,230 sqft
    • Features: Level
    Details
    • Parcel number: 1999970
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family - 3 Units Up/Down
    Materials
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Individually Metered
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Highway Access, T-Station
    Location
    • Region: Lynn

    HOA & financial

    Other financial information
    • Total actual rent: 7900

    Price history

    DateEventPrice
    5/31/2023Sold$1,025,000$218/sqft
    Source: MLS PIN #73097942 Report a problem
    4/12/2023Listed for sale$1,025,000+294.4%$218/sqft
    Source: MLS PIN #73097942 Report a problem
    3/23/2012Listing removed$259,900$55/sqft
    Source: Doug Ring RE #71354483 Report a problem
    3/21/2012Listed for sale$259,900-29.8%$55/sqft
    Source: Doug Ring RE #71354483 Report a problem
    10/19/2007Sold$370,000-20.4%$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,289 +0.5%$993,100 +2.1%
    2024$10,240 +5.7%$972,500 +11.9%
    2023$9,690 $869,100

    Find assessor info on the county website

    Neighborhood: 01902

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,177,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,177,300