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21 Sachem St Lynn — Photo 1 of 17

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.

View Standard Listing

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

Original Price$449,900
Annual Taxes$5,451

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile, Vinyl, Hardwood
BasementFull, Walk-Out Access, Bulkhead, Unfinished

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Stone
ZoningR3

Property & Lot

Acres0.03
SqFt Lot1,467
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Refrigerator

Neighborhood

Public Transportation • Marina • Public School • T-Station

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Vinyl

Master Bedroom
Lvl Second

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Vinyl

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Best Of Boston Living Team

Listing Office: LPT Realty, LLC

MLS® Number: 73571245