Attention investors! First time on the market in almost 20 years! A substantial investment has been made to replace all six gas-fired heating systems, hot water tanks and common area upgrades in this well-maintained six-unit apartment building. Each oversized three-bedroom unit has separate utilities, and the property offers off-street parking and an established rent roll. Three units have recently undergone extensive renovations, including new bathrooms, refinished hardwood floors, fresh paint, and additional updates. All units have Letters of Deleading Compliance. Professionally maintained with significant recent improvements, this income-producing property offers a desirable unit mix and potential for future rental growth.
For sale
$1,800,000
55 Rock Ave, Lynn, MA 01902
18beds
7,785sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$231/sqft
$-- HOA
What's special
Refinished hardwood floorsNew bathroomsRecently undergone extensive renovationsOff-street parkingFresh paintOversized three-bedroom unit
- 2 days
- 112
- 6
Zillow last checked:
Listing updated:
Listed by:
Eugene L. Clements 978-998-9600,
Clements Realty Group 781-595-9600
Source: MLS PIN,MLS#: 73582954
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Kitchen
- Flooring: Hardwood
- Windows: Insulated Windows, Storm Window(s), Screens
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 7,785
- Total interior livable area: 7,785 sqft
- Finished area above ground: 7,785
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 4
Features
- Patio & porch: Porch
- Waterfront features: Beach Access, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 4,866 Square Feet
- Features: Corner Lot
Details
- Foundation area: 0
- Parcel number: M:0084 B:0690 L:0001,2004863
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & HOA
Community
- Features: Public Transportation, Laundromat, Private School, Public School, Sidewalks
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $1,254,900
- Annual tax amount: $12,925
- Date on market: 9/26/2026
- Total actual rent: 17350
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Listed for sale | $1,800,000$231/sqft |
Source: MLS PIN #73582954 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 01902
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