3-Unit Investment at 40 Hamilton Ave, Lynn! Fantastic opportunity for investors or owner-occupants—this multi-unit offers strong rental income potential with 3 units ready to generate cash flow. Benefit from ample off-street parking and a large backyard, a rare find perfect for tenants and added value. Ideally located near public transportation, commuter routes, shopping, dining, and Lynn’s vibrant downtown, with easy access to Boston—making it highly attractive for renters. Whether you’re expanding your portfolio or looking to live in one unit while collecting rents, this property delivers income, convenience, and long-term upside.
Sold for $944,700
Zestimate®
$944,700
40 Hamilton Ave, Lynn, MA 01902
7beds
3,274sqft
3 Family - 3 Units Up/Down
Built in 1918
-- sqft lot
$944,700 Zestimate®
$289/sqft
$3,152 Estimated rent
Home value
$944,700
$879,000 - $1.02M
$3,152/mo
Zestimate® history
Owner options
List your home for rent
$3,152/mo
Rent Zestimate®
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$3,152/mo
Rent Zestimate®
Refinance and save
$6,142/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,142/mo
Est. payment
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List your homeWhat's special
Large backyardAmple off-street parking
Zillow last checked:
Listing updated:
Listed by:
Adele Faso 978-973-3777,
eXp Realty LLC 888-854-7493
Bought with:
Luis Bautista
eXp Realty LLC - Corporate Office
Source: MLS PIN,MLS#: 73514325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Range, Refrigerator
Features
- High Speed Internet, Bathroom With Tub, Living Room, Kitchen
- Flooring: Tile, Hardwood
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,274
- Total interior livable area: 3,274 sqft
- Finished area above ground: 3,274
Property
Parking
- Total spaces: 9
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 9
Features
- Patio & porch: Porch
- Exterior features: Balcony/Deck, Balcony
- Fencing: Fenced/Enclosed
Lot
- Size: 6,199 Square Feet
Details
- Parcel number: 2003984
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1918
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Public School
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $905,700
- Annual tax amount: $9,328
- Date on market: 7/22/2026
- Total actual rent: 6050
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Sold | $944,700-5.5%$289/sqft |
Source: MLS PIN #73514325 Report a problem | ||
| 6/2/2026 | Pending sale | $1,000,050$305/sqft |
Source: eXp Realty #73514325 Report a problem | ||
| 5/20/2026 | Contingent | $1,000,050$305/sqft |
Source: MLS PIN #73514325 Report a problem | ||
| 5/7/2026 | Listed for sale | $1,000,050+700%$305/sqft |
Source: MLS PIN #73514325 Report a problem | ||
| 6/19/2009 | Sold | $125,000-66.4%$38/sqft |
Source: Public Record Report a problem | ||
| 3/24/2009 | Sold | $371,875+69.8%$114/sqft |
Source: Public Record Report a problem | ||
| 5/29/2008 | Listing removed | $219,000$67/sqft |
Source: MLS Property Information Network #70615287 Report a problem | ||
| 5/28/2008 | Price change | $219,000-18.6%$67/sqft |
Source: MLS Property Information Network #70615287 Report a problem | ||
| 3/26/2008 | Listed for sale | $269,000-10%$82/sqft |
Source: MLS Property Information Network Report a problem | ||
| 12/8/2007 | Listing removed | $299,000$91/sqft |
Source: VLS Homes Report a problem | ||
| 11/24/2007 | Price change | $299,000-3.2%$91/sqft |
Source: VLS Homes Report a problem | ||
| 11/16/2007 | Listed for sale | $309,000-29.8%$94/sqft |
Source: VLS Homes Report a problem | ||
| 10/29/2004 | Sold | $440,000+76%$134/sqft |
Source: Public Record Report a problem | ||
| 12/3/2001 | Sold | $250,000+400%$76/sqft |
Source: Public Record Report a problem | ||
| 9/16/1994 | Sold | $50,000-0.8%$15/sqft |
Source: Public Record Report a problem | ||
| 1/20/1994 | Sold | $50,400$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,692 +0.1% | $839,000 +1.7% |
| 2024 | $8,683 +8.9% | $824,600 +15.4% |
| 2023 | $7,970 | $714,800 |
| 2022 | $7,970 +5.7% | $714,800 +23.5% |
| 2021 | $7,539 +5.4% | $578,600 +8.4% |
| 2020 | $7,156 +5.2% | $534,000 +12.3% |
| 2019 | $6,801 +7.8% | $475,600 +14.2% |
| 2018 | $6,310 +5% | $416,500 +8.1% |
| 2017 | $6,012 +12.1% | $385,400 +16.3% |
| 2016 | $5,364 +11% | $331,500 +14.9% |
| 2015 | $4,834 +11.3% | $288,600 +13.8% |
| 2014 | $4,344 +11.1% | $253,600 +9.8% |
| 2013 | $3,909 -1.1% | $230,900 -4.9% |
| 2012 | $3,954 +17% | $242,900 +16.6% |
| 2011 | $3,380 +9.2% | $208,400 +4.6% |
| 2010 | $3,094 -14.6% | $199,200 -30% |
| 2009 | $3,625 -21.9% | $284,500 -32.7% |
| 2008 | $4,642 +6.3% | $422,800 +0.7% |
| 2007 | $4,366 +8.8% | $419,800 +4% |
| 2006 | $4,013 +3.8% | $403,700 +6.3% |
| 2005 | $3,865 +1% | $379,700 +13.4% |
| 2004 | $3,827 +14.5% | $334,800 +32.3% |
| 2003 | $3,343 +47.8% | $253,100 +84.2% |
| 2001 | $2,262 +15.5% | $137,400 +24.3% |
| 1999 | $1,959 -18% | $110,500 -22.5% |
| 1995 | $2,390 | $142,600 |
Find assessor info on the county website
Neighborhood: 01902
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Nearby schools
GreatSchools rating
- 3/10Cobbet Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 0.3 mi
- 1/10Lynn English High SchoolGrades: 9-12Distance: 0.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$944,700
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
$944,700
- Massachusetts
- Essex County
- Lynn
- 01902
- 40 Hamilton Ave
