505-507 Boston St, Lynn, MA 01905

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
505-507 Boston St,Lynn, MA 01905
$1,315,000
  • 9 Beds
  • 4 Baths
  • 3,765 sq. ft.
  • Multi-family
  • Active
Listed by:leah pennini
Office:gamut group llc
MLS#:73447102
Source:MLSPIN

Price summary

  • Price:$1,315,000
  • Price per sq. ft.:$349.27

About this home

Turnkey 4-Unit Investment Property – Fully Rented!Exceptional opportunity to own a high-performing, fully rented four-unit property generating $8,985 per month in rental income. Unit 1 is currently configured as a two-bedroom, though public records list it as a three-bedroom. Property features include an updated boiler and water heaters, separately metered utilities, and a strong rental history ensuring consistent cash flow. Ideal for investors seeking a stable, low-maintenance asset in a desirable location.Private showings by appointment only. No open houses. Serious, vetted buyers only.

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Home facts

  • Year built:1910
  • Listing ID #:73447102
  • Updated:October 24, 2025 at 10:43 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,765 sq. ft.

Structure and exterior

  • Year built:1910
  • Building area:3,765 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,315,000
  • Price per sq. ft.:$349.27
  • Tax amount:$10,085 (2025)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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