Best place to invest money in any economy - multi-family real estate. This well cared-for 2-family promises a great store of value & debt coverage ratio for your future. It boasts a 6% Cap Rate & a nice turn-key building which could increase your cash flow, or be an inviting home, with a supplemental unit, to help offset costs. The 1st floor unit is comprised of a 2-bed, 1 full bath apartment with hardwood floors throughout, granite counters & newly fitted stainless appliances with full tub & a rear deck. The 2nd floor unit houses a 3-bed, 1.5 bath across 2 living levels. Eat-in kitchens with comfortable layouts & direct access to decks make for nice usable spaces. Each unit is equipped with a hot water boiler, fueled by oil, & share a washer/dryer in the basement. Vinyl windows & siding mean maintenance is relatively low, with an opportunity to increase rents (both TAWs) in burgeoning Lynn market. 3 off-street parking & reliable tenants with solid rental history make it a solid choice
Sold for $682,000
$682,000
81 Hawthorne St, Lynn, MA 01902
5beds
2,096sqft
2 Family - 2 Units Up/Down
Built in 1900
-- sqft lot
$744,700 Zestimate®
$325/sqft
$4,469 Estimated rent
Home value
$744,700
$707,000 - $782,000
$4,469/mo
Zestimate® history
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$4,469/mo
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$4,158/mo
Est. payment
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Zillow last checked: 7 hours ago
Listing updated: July 31, 2023 at 03:05pm
Listed by:
Andrew Maxfield 617-733-9552,
Maxfield & Company Real Estate 617-293-8003,
Andrew Maxfield 617-733-9552
Bought with:
Luis Rubiano
United Brokers
Source: MLS PIN,MLS#: 73106210
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Hot Water, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer
Features
- Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen
- Flooring: Hardwood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,096
- Total interior livable area: 2,096 sqft
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 3
Features
- Patio & porch: Deck - Wood
- Waterfront features: Ocean, 1 to 2 Mile To Beach
Lot
- Size: 2,527 sqft
- Features: Easements
Details
- Parcel number: 2004572
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina
Location
- Region: Lynn
HOA & financial
Other financial information
- Total actual rent: 3700
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2023 | Sold | $682,000+1%$325/sqft |
Source: MLS PIN #73106210 Report a problem | ||
| 5/11/2023 | Contingent | $675,000$322/sqft |
Source: MLS PIN #73106210 Report a problem | ||
| 5/3/2023 | Listed for sale | $675,000+55.2%$322/sqft |
Source: MLS PIN #73106210 Report a problem | ||
| 5/31/2017 | Sold | $435,000+9%$208/sqft |
Source: Public Record Report a problem | ||
| 4/11/2017 | Pending sale | $399,000$190/sqft |
Source: J. Barrett & Company #72140187 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,781 0% | $654,525 +1.6% |
| 2024 | $6,784 +5.6% | $644,300 +11.8% |
| 2023 | $6,424 | $576,100 |
Find assessor info on the county website
Neighborhood: 01902
Nearby schools
GreatSchools rating
- 4/10Robert L. Ford K-8 SchoolGrades: 1-5Distance: 0.2 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 0.6 mi
- 1/10Lynn English High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$744,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$744,700
- Massachusetts
- Essex County
- Lynn
- 01902
- 81 Hawthorne St