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INVESTMENT SNAPSHOT
About this property
Knock! Knock this opportunity is at your door. Mix use property comes with the a bakery commercial lease tenant in unit one. Residential tenant are at will in unit 2. Property are well maintained. 3yr year old roof, newly installed oil tank for unit 2, 2 year old water tank for unit 1, all utilities are separate, 1 car parking off street, and on street parking.
Property details
| Units | 2 |
| Living area | 1,880 sqft |
| Lot size | 2,079 sqft |
| Year built | 1906 |
| Price / sqft | $372 |
| County | Essex |
| MLS # | 73498056 |
Listing status
| Days on market | 110 days |
| Listed on | April 8, 2026 |
Taxes & financials
| Annual property tax | $3,488 |
| Tax year | 2024 |
| Assessed value | $443,300 |
| Zoning | r4 |
| Gross income (actual) | $47,400/yr |
| Net operating income (actual) | $47,400/yr |
| Total actual rent | $4,525/mo |
Building & lot
| Stories | 3 |
| Total rooms | 6 |
| Lot size | 0.05 acres |
| Garage spaces | 0 |
| Parking spaces | 1 |
| Parking | Paved Drive, Shared Driveway, Off Street, Driveway |
| Basement | Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Heating | Natural Gas, Oil |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator |
Location
More about investing in Lynn →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 141 Essex St, Lynn MA 01902 have?
It is a 2-unit multi-family property with 1,880 sqft of living area, built in 1906.
How long has 141 Essex St, Lynn MA 01902 been on the market?
141 Essex St, Lynn MA 01902 has been listed for 110 days (since April 8, 2026).
What is the estimated cap rate on this 2-family in Lynn?
Based on area median rents, the estimated cap rate is about 5.1%, with a Signal Score of 88/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $699,900 across 2 units, that works out to roughly $349,950 per unit.
What are the property taxes on 141 Essex St, Lynn MA 01902?
Annual property taxes are $3,488 (2024), on an assessed value of $443,300.
What is the price per square foot?
At $699,900 for 1,880 sqft, that's about $372 per square foot.
Is there parking?
1 total parking space (paved drive, shared driveway, off street, driveway).
Where is this property located?
141 Essex St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
