Sold for $1,950,000

$1,950,000

7 Holland Ave, Lynn, MA 01905

12beds

8,493sqft

5-9 Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$230/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

On-site parking spaces

7-9 Holland Ave is a three-story building and contains nine residential units comprised of six 1-Bedroom/1-Bathroom units and three 2-Bedroom/1-Bathroom units. Each unit is separately metered for electricity and gas-fired heat, which the tenants pay directly. Hot water is the responsibility of the tenants in three units and the landlord in six units. The landlord is also responsible for common area electric and domestic water and sewer. The Property offers eleven on-site parking spaces for residents. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 9
Full bathrooms: 9

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 8,493
Total interior livable area: 8,493 sqft
Finished area above ground: 8,493

Property

Parking

Total spaces: 11
Parking features: Off Street
Uncovered spaces: 11

Lot

Size: 5,662 Square Feet
Features: Other

Details

Parcel number: 1993569
Zoning: R4

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Foundation: Other
Roof: Rubber

Condition

Year built: 1925

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

Region: Lynn

Financial & listing details

Price per square foot: $230/sqft
Tax assessed value: $1,980,900
Annual tax amount: $18,936
Date on market: 1/12/2026
Total actual rent: 15065

Price history

Date	Event	Price
3/28/2025	Sold	$1,950,000+2.6%$230/sqft
Source: MLS PIN #73315479 Report a problem
11/25/2024	Listed for sale	$1,900,000$224/sqft
Source: MLS PIN #73315479 Report a problem