Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.
For sale
$13,299,000
44 Estes St, Lynn, MA 01902
64beds
42,486sqft
5+ Family - 5+ Units Up/Down
Built in 1926
-- sqft lot
$-- Zestimate®
$313/sqft
$-- HOA
What's special
- 59 days
- 308
- 12
Zillow last checked:
Listing updated:
Listed by:
Daniel Alper 617-768-7333,
Boston Realty Advisors 617-375-7900
Source: MLS PIN,MLS#: 73549418
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 64
- Bathrooms: 62
- Full bathrooms: 62
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 42,486
- Total interior livable area: 42,486 sqft
- Finished area above ground: 42,486
Property
Parking
- Total spaces: 15
- Parking features: Off Street, Driveway
- Uncovered spaces: 15
Features
- Patio & porch: Porch, Deck
- Exterior features: Other
- Waterfront features: Bay, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 0.58 Acres
- Features: Other
Details
- Parcel number: LYNNM082B601L030
- Zoning: 9
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame, Brick, See Remarks
- Foundation: Other
- Roof: Rubber,Other
Condition
- Year built: 1926
Utilities & green energy
- Electric: Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $9
- Annual tax amount: $9
- Date on market: 7/14/2026
- Total actual rent: 4339
Estimated market value
Not available
Estimated sales range
Not available
$2,070/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $13,299,000+205.7%$313/sqft |
Source: MLS PIN #73549418 Report a problem | ||
| 3/31/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 10/31/2020 | Price change | $1,550+5.1% |
Source: Go Section8 Report a problem | ||
| 8/16/2020 | Price change | $1,475-16.9% |
Source: Go Section8 Report a problem | ||
| 7/31/2020 | Listed for rent | $1,775 |
Source: Go Section8 Report a problem | ||
| 6/7/2020 | Listing removed | $1,775 |
Source: Go Section8 Report a problem | ||
| 3/7/2020 | Listed for rent | $1,775+24.6% |
Source: Go Section8 Report a problem | ||
| 12/22/2018 | Listing removed | $1,425 |
Source: Go Section8 Report a problem | ||
| 11/15/2018 | Price change | $1,425+7.5% |
Source: Go Section8 Report a problem | ||
| 8/28/2018 | Listed for rent | $1,325+3.9% |
Source: Go Section8 Report a problem | ||
| 4/19/2018 | Listing removed | $1,275 |
Source: Go Section8 Report a problem | ||
| 3/31/2018 | Listed for rent | $1,275-13.6% |
Source: Go Section8 Report a problem | ||
| 2/15/2018 | Listing removed | $1,475 |
Source: Go Section8 Report a problem | ||
| 1/15/2018 | Listed for rent | $1,475 |
Source: Go Section8 Report a problem | ||
| 12/4/2017 | Listing removed | $1,475 |
Source: Go Section8 Report a problem | ||
| 11/4/2017 | Price change | $1,475-3.3% |
Source: Go Section8 Report a problem | ||
| 8/8/2017 | Listed for rent | $1,525+17.3% |
Source: Go Section8 Report a problem | ||
| 5/29/2017 | Listing removed | $1,300 |
Source: Go Section8 Report a problem | ||
| 4/3/2017 | Price change | $1,300-17.5% |
Source: Go Section8 Report a problem | ||
| 3/3/2017 | Price change | $1,575+8.6% |
Source: Go Section8 Report a problem | ||
| 2/1/2017 | Price change | $1,450+65.7% |
Source: Go Section8 Report a problem | ||
| 1/16/2017 | Listed for rent | $875 |
Source: Go Section8 Report a problem | ||
| 7/19/2005 | Sold | $4,350,000$102/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $56,050 -1.6% | $5,410,200 +0% |
| 2024 | $56,968 +14.4% | $5,410,100 +21.1% |
| 2023 | $49,810 | $4,467,300 |
| 2022 | $49,810 +13.3% | $4,467,300 +32.4% |
| 2021 | $43,974 +2.3% | $3,374,800 +5.2% |
| 2020 | $42,981 +9.4% | $3,207,500 +16.7% |
| 2019 | $39,305 +10.9% | $2,748,600 +17.5% |
| 2018 | $35,445 +9.8% | $2,339,600 +13% |
| 2017 | $32,294 +0.3% | $2,070,100 +4.1% |
| 2016 | $32,184 +13.2% | $1,989,100 +17.1% |
| 2015 | $28,442 +10% | $1,698,000 +12.4% |
| 2014 | $25,868 +3.6% | $1,510,100 +2.4% |
| 2013 | $24,962 +7.1% | $1,474,400 +3% |
| 2012 | $23,306 +0.4% | $1,431,600 |
| 2011 | $23,221 -0.1% | $1,431,600 -4.3% |
| 2010 | $23,238 +8.9% | $1,496,300 -10.7% |
| 2009 | $21,343 +13.3% | $1,675,300 -2.4% |
| 2008 | $18,842 +2.5% | $1,716,000 -2.9% |
| 2007 | $18,374 +6.8% | $1,766,700 +2.1% |
| 2006 | $17,197 +13.9% | $1,730,100 +16.7% |
| 2005 | $15,098 +12.5% | $1,483,100 +26.3% |
| 2004 | $13,425 +2.3% | $1,174,500 +18.2% |
| 2003 | $13,124 +43.7% | $993,500 +79% |
| 2001 | $9,134 +9.9% | $554,900 +18.4% |
| 1999 | $8,312 +7.3% | $468,800 +1.4% |
| 1995 | $7,748 | $462,300 |
Find assessor info on the county website
Monthly payment
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