
21 Sachem St Lynn — Photo 1 of 17
$449,900
Investment Analysis — 21 Sachem St
Lynn, MA 01902
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01902 carries an estimated $3,390/mo in gross rent — about a 5.66% cap rate and $25,466/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,542
Style
Single Family
Built
1910
Investor, Contractor & Flipper Opportunity Just One Block from the Beach! Here is your chance to bring your vision to a 4-bedroom, 1.5-bath home in a location that offers plenty of potential. This property is looking for the right buyer who can see beyond its current condition and imagine what it could become with the right renovation and improvements.The home is in need of extensive updating and repairs and is being sold as-is, making it a great opportunity for an experienced investor, contractor, rehabber or buyer looking for a project. Step inside and you’ll find a spacious layout, hardwood flooring throughout many of the rooms, generously sized bedrooms and original details that could be incorporated into a complete transformation. There is plenty of room here to work with, whether your plans are to renovate and resell, hold as an investment property, or restore the home for your own use.The kitchen and bathroom are ready for a complete redesign, giving the next owner the opportunity to create updated spaces from the ground up. The hardwood floors may offer potential to be refinished, while fresh paint, updated lighting and thoughtful improvements throughout could completely change the look and feel of this home. This is the type of property where the before-and-after possibilities are easy to imagine.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 771 sq ft (the lesser of 900 sq ft or half the 1,542 sq ft principal dwelling). Lot size: 1,467 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Marina • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Vinyl
Master Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Best Of Boston Living Team
Listing Office: LPT Realty, LLC
MLS® Number: 73571245