First time on the market in over 45 years! This special multifamily residence has been cherished and meticulously maintained by the same owners for more than four decades. Set on breathtaking professionally landscaped grounds, the property offers a rare blend of space, versatility, and pride of ownership. Each of the two generous units features two full bathrooms, in-unit laundry, and separately metered utilities, making it ideal for both owner-occupants and savvy investors. Unit 1 enjoys exclusive access to the full basement—perfect for additional storage, hobbies, or future expansion. Unit 2 offers access to the attic, providing even more space and flexibility. Whether you're drawn in by the serene outdoor setting or the solid interior layout, this property offers the perfect canvas for your next chapter. Don’t miss this unique opportunity to own a home where care, comfort, and potential come together.
Sold for $955,000
$955,000
199 Lynn St, Peabody, MA 01960
5beds
3,296sqft
Multi Family
Built in 1920
-- sqft lot
$976,600 Zestimate®
$290/sqft
$3,040 Estimated rent
Home value
$976,600
$889,000 - $1.07M
$3,040/mo
Zestimate® history
Owner options
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$3,040/mo
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$3,040/mo
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$5,914/mo
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$5,914/mo
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List your homeWhat's special
In-unit laundryFull basementGenerous unitsBreathtaking professionally landscaped groundsSeparately metered utilitiesSolid interior layout
Zillow last checked:
Listing updated:
Listed by:
LeeAnne Trohon 978-771-8081,
LAER Realty Partners 978-777-5509
Bought with:
Juan Cano
Broad Sound Real Estate, LLC
Source: MLS PIN,MLS#: 73373873
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Range, Dishwasher, Disposal, Refrigerator, Microwave
- Laundry: Washer Hookup, Dryer Hookup
Features
- Ceiling Fan(s), Storage, Central Vacuum, Living Room, Dining Room, Kitchen, Family Room, Laundry Room
- Flooring: Carpet, Hardwood
- Basement: Interior Entry,Bulkhead
- Number of fireplaces: 4
Interior area
- Total structure area: 3,296
- Total interior livable area: 3,296 sqft
- Finished area above ground: 3,296
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 6
Features
- Patio & porch: Deck - Wood
- Exterior features: Balcony/Deck
Lot
- Size: 0.28 Acres
Details
- Parcel number: M:0120 B:0126,2110996
- Zoning: R1A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Peabody
HOA & financial
Other financial information
- Total actual rent: 2800
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2025 | Sold | $955,000+9.1%$290/sqft |
Source: MLS PIN #73373873 Report a problem | ||
| 5/13/2025 | Listed for sale | $875,000$265/sqft |
Source: MLS PIN #73373873 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,926 -6.8% | $748,000 -8.2% |
| 2024 | $7,430 +16.5% | $814,700 +21.7% |
| 2023 | $6,376 | $669,700 |
| 2022 | $6,376 +14.9% | $669,700 +26.6% |
| 2021 | $5,549 +2.6% | $529,000 +5% |
| 2020 | $5,410 +0.2% | $503,700 +2.8% |
| 2019 | $5,397 +14.8% | $490,200 +19.5% |
| 2018 | $4,700 +1.5% | $410,100 +4.1% |
| 2017 | $4,632 +6.8% | $393,900 +8.2% |
| 2016 | $4,339 +6.9% | $364,000 +10.3% |
| 2015 | $4,059 +12.3% | $330,000 +13.2% |
| 2014 | $3,615 -2.5% | $291,500 -5.8% |
| 2013 | $3,709 +2.3% | $309,600 +0.9% |
| 2012 | $3,626 +1.8% | $306,800 -0.2% |
| 2011 | $3,561 -0.9% | $307,500 -10.2% |
| 2010 | $3,594 -6.9% | $342,300 -17.5% |
| 2009 | $3,860 +2.1% | $415,000 -4.8% |
| 2008 | $3,781 +2.3% | $436,100 -8.4% |
| 2007 | $3,695 +3.6% | $476,200 +1.4% |
| 2006 | $3,567 +3.8% | $469,400 +13.4% |
| 2005 | $3,436 +2.6% | $414,000 |
| 2004 | $3,349 +17.3% | $414,000 +37% |
| 2003 | $2,856 +25.4% | $302,200 +10% |
| 2001 | $2,278 +25.3% | $274,800 +47.1% |
| 1999 | $1,818 | $186,800 |
Find assessor info on the county website
Neighborhood: 01960
Nearby schools
GreatSchools rating
- 5/10Captain Samuel Brown Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10J Henry Higgins Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Peabody Veterans Memorial High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$976,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$976,600
- Massachusetts
- Essex County
- Peabody
- 01960
- 199 Lynn St
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