Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend their portfolio, so do not miss out on this one.
Sold for $800,000
$800,000
42 Valley Ave, Lynn, MA 01902
6beds
2,388sqft
Multi Family
Built in 1880
-- sqft lot
$820,500 Zestimate®
$335/sqft
$2,517 Estimated rent
Home value
$820,500
$747,000 - $903,000
$2,517/mo
Zestimate® history
Owner options
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$2,517/mo
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$4,948/mo
Est. payment
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$4,948/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jose Reyes 781-883-8300,
Re-yes Real Estate 781-780-3041
Bought with:
Samyr Rojas
eXp Realty
Source: MLS PIN,MLS#: 73385270
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood, Tile
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,388
- Total interior livable area: 2,388 sqft
- Finished area above ground: 2,388
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 4
Features
- Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 2,566 sqft
Details
- Foundation area: 999
- Parcel number: M:069 B:665 L:001,2004299
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: 110 Volts, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Location
- Region: Lynn
HOA & financial
Other financial information
- Total actual rent: 4200
Other
Other facts
- Listing terms: Contract
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $800,000+0%$335/sqft |
Source: MLS PIN #73385270 Report a problem | ||
| 8/2/2025 | Price change | $799,900-1.9%$335/sqft |
Source: MLS PIN #73385270 Report a problem | ||
| 6/25/2025 | Price change | $815,000-1.2%$341/sqft |
Source: MLS PIN #73385270 Report a problem | ||
| 6/4/2025 | Listed for sale | $825,000+51.4%$345/sqft |
Source: MLS PIN #73385270 Report a problem | ||
| 7/6/2018 | Sold | $545,000+9%$228/sqft |
Source: Public Record Report a problem | ||
| 6/7/2018 | Pending sale | $499,900$209/sqft |
Source: COM-PRO Real Estate Services, Inc #72338304 Report a problem | ||
| 6/2/2018 | Listed for sale | $499,900+95.3%$209/sqft |
Source: COM-PRO Real Estate Services, Inc #72338304 Report a problem | ||
| 10/6/2017 | Sold | $256,000+8.4%$107/sqft |
Source: Public Record Report a problem | ||
| 7/7/2017 | Listing removed | $236,250-32.3%$99/sqft |
Source: Auction.com Report a problem | ||
| 3/18/2017 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 5/10/2006 | Sold | $349,000+243.8%$146/sqft |
Source: Public Record Report a problem | ||
| 12/21/1998 | Sold | $101,500+28.5%$43/sqft |
Source: Public Record Report a problem | ||
| 8/19/1996 | Sold | $79,000+315.8%$33/sqft |
Source: Public Record Report a problem | ||
| 1/5/1995 | Sold | $19,000-87.7%$8/sqft |
Source: Public Record Report a problem | ||
| 3/16/1988 | Sold | $155,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,968 +5% | $769,105 +6.7% |
| 2024 | $7,590 +5.3% | $720,800 +11.5% |
| 2023 | $7,211 | $646,700 |
| 2022 | $7,211 +3.6% | $646,700 +21% |
| 2021 | $6,962 +1.4% | $534,300 +4.3% |
| 2020 | $6,866 +11.5% | $512,400 +19% |
| 2019 | $6,156 +45.5% | $430,500 +54.2% |
| 2018 | $4,230 -19.2% | $279,200 -16.8% |
| 2017 | $5,237 +12.1% | $335,700 +16.3% |
| 2016 | $4,671 +10.7% | $288,700 +14.6% |
| 2015 | $4,221 +11.3% | $252,000 +13.8% |
| 2014 | $3,794 +10.9% | $221,500 +9.6% |
| 2013 | $3,422 -1.2% | $202,100 -5% |
| 2012 | $3,464 +2.2% | $212,800 +1.8% |
| 2011 | $3,390 +9.2% | $209,000 +4.6% |
| 2010 | $3,103 -4% | $199,800 -21.3% |
| 2009 | $3,233 -17.3% | $253,800 -28.7% |
| 2008 | $3,910 -2.5% | $356,100 -7.7% |
| 2007 | $4,010 +6.1% | $385,600 +1.4% |
| 2006 | $3,781 +5.9% | $380,400 +8.4% |
| 2005 | $3,571 -1% | $350,800 +11.2% |
| 2004 | $3,606 +10.3% | $315,500 +27.5% |
| 2003 | $3,268 +66.4% | $247,400 +107.4% |
| 2001 | $1,964 +29.1% | $119,300 +39% |
| 1999 | $1,521 -0.3% | $85,800 -5.7% |
| 1995 | $1,525 | $91,000 |
Find assessor info on the county website
Neighborhood: 01902
Nearby schools
GreatSchools rating
- 4/10Robert L. Ford K-8 SchoolGrades: 1-5Distance: 0.2 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 0.5 mi
- 1/10Lynn English High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Ford
- Middle: Marshalls
- High: English
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$820,500
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
$820,500
- Massachusetts
- Essex County
- Lynn
- 01902
- 42 Valley Ave
Nearby cities
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