For sale

Price cut: $20K (7/31)

$969,000

56 Orchard St, Lynn, MA 01905

8beds

3,304sqft

$6,126/mo

Get pre-qualified

3 Family - 3 Units Up/Down

Built in 1910

-- sqft lot

$948,400 Zestimate^®

$293/sqft

$-- HOA

What's special

Three gas heating systemsOne two-bedroom unitLow-maintenance vinyl sidingTwo spacious three-bedroom units

Exceptional three-family opportunity for investors or owner-occupants! This well-maintained property features two spacious three-bedroom units and one two-bedroom unit, separate utilities, three gas heating systems, low-maintenance vinyl siding, and off-street parking for four vehicles. A turnkey investment with strong income potential or the perfect opportunity to live in one unit while collecting rental income from the others.

52 days

257

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas

Appliances

Included: Range, Refrigerator

Features

Lead Certification Available, Bathroom With Tub & Shower, Internet Available - Broadband, Internet Available - Unknown, Living Room, Kitchen
Flooring: Hardwood
Doors: Insulated Doors
Windows: Insulated Windows
Basement: Full,Walk-Out Access,Interior Entry,Bulkhead,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 3,304
Total interior livable area: 3,304 sqft
Finished area above ground: 3,304

Property

Parking

Total spaces: 4
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 4

Features

Patio & porch: Porch
Exterior features: Rain Gutters
Waterfront features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Lot

Size: 3,149 Square Feet
Features: Corner Lot

Details

Foundation area: 0
Parcel number: M:036 B:780 L:008,2007464
Zoning: R4

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1910

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range

Community & HOA

Community

Features: Public Transportation, Private School, Public School

Location

Region: Lynn

Financial & listing details

Price per square foot: $293/sqft
Tax assessed value: $770,900
Annual tax amount: $7,987
Date on market: 6/30/2026
Total actual rent: 8280
Road surface type: Paved

Estimated market value

$948,400

$901,000 - $996,000

$3,140/mo

Price history

Date	Event	Price
7/31/2026	Price change	$969,000-2%$293/sqft
Source: MLS PIN #73543356 Report a problem
7/14/2026	Listed for sale	$989,000$299/sqft
Source: MLS PIN #73543356 Report a problem
7/12/2026	Contingent	$989,000$299/sqft
Source: MLS PIN #73543356 Report a problem
6/30/2026	Listed for sale	$989,000+606.9%$299/sqft
Source: MLS PIN #73543356 Report a problem
9/30/2008	Sold	$139,900$42/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,987 +1.3%	$770,900 +3%
2024	$7,885 +5.9%	$748,800 +12.1%
2023	$7,447	$667,900
2022	$7,447 +6.4%	$667,900 +24.3%
2021	$7,000 +8.1%	$537,200 +11.2%
2020	$6,476 +4.7%	$483,300 +11.7%
2019	$6,186 +5.2%	$432,600 +11.4%
2018	$5,883 -0.3%	$388,300 +2.6%
2017	$5,901 +6.6%	$378,300 +10.6%
2016	$5,535 +13%	$342,100 +17%
2015	$4,899 +11.2%	$292,500 +13.8%
2014	$4,404 +14.5%	$257,100 +13.2%
2013	$3,846 +1.3%	$227,200 -2.6%
2012	$3,798 -0.1%	$233,300 -0.5%
2011	$3,802 +10.5%	$234,400 +5.8%
2010	$3,440 +4.2%	$221,500 -14.5%
2009	$3,300 -7.1%	$259,000 -20%
2008	$3,554 -4.8%	$323,700 -9.8%
2007	$3,732 +6.5%	$358,800 +1.8%
2006	$3,503 +3.7%	$352,400 +6.2%
2005	$3,378 -14.5%	$331,800 -4%
2004	$3,952 +13.5%	$345,800 +31.1%
2003	$3,483 +50.8%	$263,700 +88%
2001	$2,309 +23.5%	$140,300 +33.1%
1999	$1,869 -1.8%	$105,400 -7.2%
1995	$1,904	$113,600