Active
22 Days on market
43 Archer Street Lynn — Photo 1 of 38

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.

View Standard Listing

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

Original Price$569,900
Annual Taxes$5,199

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringHardwood
BasementFull

Climate & Utilities

HeatingHot Water, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR1

Property & Lot

Acres--
SqFt Lot0.12
Lot FeaturesLevel

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

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

12 x 14

Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Dining Room
Lvl Main,First

12 x 14

Flooring - Hardwood

Kitchen
Lvl Main,First

12 x 10

Ceiling Fan(s), Dining Area, Stainless Steel Appliances, Gas Stove, Lighting - Pendant

Primary Bedroom
Lvl Second

12 x 14

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

10 x 12

Bedroom 3
Lvl Second

8 x 10

Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

8 x 7

Listing Provided By

Listing Agent: Colleen Toner

Listing Office: Toner Real Estate, LLC

MLS® Number: 73566962