Active
60 Days on market
7 Ward St. Lynn — Photo 1 of 13

7 Ward St. Lynn — Photo 1 of 13

$925,000

7 Ward St., Lynn, MA 01902

Lynn, MA 01902

Investor Analysis

Beds

5

Baths

3

SqFt

2,141

Style

3 Family

Built

1900

Turnkey 3-Family Investment Opportunity located just moments from the desirable East Lynn neighborhood. Completely gut-renovated in 2017, this well-maintained property features a fully sprinklered building with two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, each offering modern kitchens and bathrooms, hardwood flooring, and open living/dining layouts. Additional highlights include a large backyard, off-street parking, and strong rental appeal. Ideally situated approximately 1.5 miles from Kings Beach, the property also provides convenient access to the MBTA Commuter Rail station in Lynn, along with nearby Swampscott and the greater North Shore. A fantastic opportunity for investors looking to capitalize on the area’s growing rental market with a truly turnkey asset.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$432/sqft
Local Avg (Lynn)$355/sqft
22% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$925,000
Annual Taxes$8,498

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms11
FireplacesNone
FlooringWood, Vinyl
BasementConcrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Brick/Mortar
ZoningR2

Property & Lot

Acres0.08
SqFt Lot3,515
Lot FeaturesCleared, Level

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Property History

Listed
$925,000

Jul 14, 2026

MLS® 73549163

Terminated
$940,000

Jun 7, 2026

MLS® 73483241

Listed
$940,000

Mar 5, 2026

MLS® 73483241

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Vincent Rizzo

Listing Office: Douglas Elliman Real Estate - The Sarkis Team

MLS® Number: 73549163

Browse More Homes in Lynn

Explore other active listings in the area.