Turnkey 3-family investment opportunity moments from the desirable East Lynn neighborhood. Completely gut-renovated in 2017 and meticulously maintained, this fully sprinklered property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit — each thoughtfully updated with modern kitchens and bathrooms, hardwood flooring, and open-concept living and dining layouts. Additional highlights include a generous backyard, off-street parking, and strong rental demand in a rapidly growing market. Ideally situated approximately 1.5 miles from the beautiful Kings Beach and just minutes from the MBTA Commuter Rail station in Lynn — with easy access to Swampscott and the broader North Shore corridor. For end users or investors seeking a truly turnkey asset with immediate income potential and long-term upside, this one checks every box.
For sale
Price cut: $25K (9/11)
$899,999
7 Ward St, Lynn, MA 01902
5beds
2,141sqft
3 Family
Built in 1900
-- sqft lot
$886,100 Zestimate®
$420/sqft
$-- HOA
What's special
Modern kitchens and bathroomsHardwood flooringLarge backyardOff-street parkingFully sprinklered building
- 19 days
- 100
- 7
Zillow last checked:
Listing updated:
Listed by:
Vincent Rizzo 781-244-0705,
Serhant 617-250-0559
Source: MLS PIN,MLS#: 73549163
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood, Vinyl
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,141
- Total interior livable area: 2,141 sqft
- Finished area above ground: 2,141
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 2
Features
- Patio & porch: Porch, Deck
- Exterior features: Rain Gutters, Decorative Lighting
- Waterfront features: Ocean, Beach Ownership(Public)
Lot
- Size: 3,515 Square Feet
- Features: Cleared, Level
Details
- Parcel number: M:084 B:704 L:006,2005196
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Block, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $420/sqft
- Tax assessed value: $820,300
- Annual tax amount: $8,498
- Date on market: 8/25/2026
- Total actual rent: 0
Estimated market value
$886,100
$842,000 - $930,000
$3,127/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Price change | $899,999-2.7%$420/sqft |
Source: MLS PIN #73549163 Report a problem | ||
| 7/31/2026 | Pending sale | $925,000$432/sqft |
Source: MLS PIN #73549163 Report a problem | ||
| 7/14/2026 | Listed for sale | $925,000-1.6%$432/sqft |
Source: MLS PIN #73549163 Report a problem | ||
| 6/8/2026 | Listing removed | $940,000$439/sqft |
Source:  Douglas Elliman #73483241 Report a problem | ||
| 5/6/2026 | Price change | $940,000-3.6%$439/sqft |
Source: MLS PIN #73483241 Report a problem | ||
| 3/30/2026 | Price change | $975,000-2%$455/sqft |
Source: MLS PIN #73483241 Report a problem | ||
| 3/5/2026 | Listed for sale | $995,000+99.4%$465/sqft |
Source: MLS PIN #73483241 Report a problem | ||
| 9/28/2017 | Sold | $499,000+353.6%$233/sqft |
Source: Public Record Report a problem | ||
| 6/2/2017 | Sold | $110,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,498 +1.5% | $820,300 +3.1% |
| 2024 | $8,375 +2.6% | $795,300 +8.6% |
| 2023 | $8,162 | $732,000 |
| 2022 | $8,162 +6.2% | $732,000 +24.1% |
| 2021 | $7,684 +9.4% | $589,700 +12.5% |
| 2020 | $7,022 +1.4% | $524,000 +8.2% |
| 2019 | $6,924 +25.4% | $484,200 +32.9% |
| 2018 | $5,521 +9% | $364,400 +12.2% |
| 2017 | $5,065 +9.2% | $324,700 +13.3% |
| 2016 | $4,639 +6.8% | $286,700 +10.5% |
| 2015 | $4,345 +8.7% | $259,400 +11.1% |
| 2014 | $3,998 +7.9% | $233,400 +6.6% |
| 2013 | $3,706 +4.4% | $218,900 +0.4% |
| 2012 | $3,551 -2% | $218,100 -2.3% |
| 2011 | $3,622 +8.7% | $223,300 +4.1% |
| 2010 | $3,333 +3.9% | $214,600 -14.8% |
| 2009 | $3,208 -16.8% | $251,800 -28.3% |
| 2008 | $3,855 +3.7% | $351,100 -1.7% |
| 2007 | $3,716 +6.6% | $357,300 +1.9% |
| 2006 | $3,487 +6.6% | $350,800 +9.2% |
| 2005 | $3,271 -2.4% | $321,300 +9.5% |
| 2004 | $3,352 +9.3% | $293,300 +26.4% |
| 2003 | $3,066 +63.1% | $232,100 +103.2% |
| 2001 | $1,880 +29% | $114,200 +38.9% |
| 1999 | $1,457 -9.1% | $82,200 -14% |
| 1995 | $1,602 | $95,600 |
Find assessor info on the county website
Monthly payment
Est. payment
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Neighborhood: 01902
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