Active
152 Days on market
22 Elm St Lynn — Photo 1 of 35

22 Elm St Lynn — Photo 1 of 35

Recent Drop: $24,000

$799,000
$775,000

$775,000

Investment Analysis — 22 Elm St

Lynn, MA 01905 — Lynn Common

Based on rent reported on the MLS listing, a 3-unit multi-family in 01905 carries $1,800/mo in gross rent — about a 1.18% cap rate and $9,125/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

3,267

Style

3 Family

Built

1900

Back on Market due to Buyers Financing. Classic Triple Decker! Each Unit features 5 Rooms, Including Living Room, Dining Room, Eat in Kitchens and 2 Generous Bedrooms. All separate Utilities including Gas Heat, Hot Water Tanks and individually metered Electric. Vinyl Siding, Replacement Windows and Rubber Roof. Both First and Second Floors are Vacant and ready for an Owner Occupant. Just off the Lynn Commons, Convenient to Public Transit and a Short Stroll to Market Basket.

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 MLS and other third-party data may be inaccurate or out of date.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$799,000
Annual Taxes$7,291

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms15
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationStone, Brick/Mortar, Granite
ZoningR4

Property & Lot

Acres0.04
SqFt Lot1,830
Lot FeaturesLevel

Geography

Property History

Price Drop
$775,000

Was $799,000

Sep 8, 2026

MLS® 73501468

Listed
$799,000

Apr 14, 2026

MLS® 73501468

Listing Provided By

Listing Agent: Steven Belesis

Listing Office: Citylight Homes LLC

MLS® Number: 73501468