
43 Archer Street Lynn — Photo 1 of 38
$569,900
Investment Analysis — 43 Archer Street
Lynn, MA 01902 — East Lynn
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 4.02% cap rate and $22,891/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,116
Style
Single Family
Built
1928
Welcome To 43 Archer Street! This Spacious 6-Room, 3-Bedroom, 1-Full-Bath Colonial Is A Great Opportunity To Own A Home With Classic Character, Generous Living Space And Numerous Updates. The First Floor Features A Formal Living Room And Dining Room With Built-Ins, Hardwood Floors And An Inviting Remodeled Eat-In Kitchen With Gas Cooking. The Kitchen Offers Stainless Steel Appliances, Fisher & Paykel Double-Drawer Dishwasher, Pendant Lighting, Hardwood Flooring And More! The Second Floor Has Three Bedrooms And A Newly Renovated Full Designer Bath! Additional Upgrades Include Newer Pella Windows With A Transferable 50-Year Warranty, Vinyl Siding, 200-Amp Electrical Service, Oil Heat With Radiators And An Approximately 5-Year-Old Electric Hybrid Water Heater. Outside, Enjoy A Charming Front Porch, Level Fenced-In Yard, Oversized Deck And Garden Area! 1 Car Garage and Paved Driveway For 3+ Cars! Great Location! Close To Schools, Shopping, Transportation And Everyday Amenities!
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: 558 sq ft (the lesser of 900 sq ft or half the 1,116 sq ft principal dwelling).
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 • Dishwasher • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First12 x 14
Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Dining Room
Lvl Main,First12 x 14
Flooring - Hardwood
Kitchen
Lvl Main,First12 x 10
Ceiling Fan(s), Dining Area, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Primary Bedroom
Lvl Second12 x 14
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second10 x 12
Bedroom 3
Lvl Second8 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl Second8 x 7
Listing Agent: Colleen Toner
Listing Office: Toner Real Estate, LLC
MLS® Number: 73566962