For sale

Price cut: $40K (7/22)

$640,000

74 Myrtle St, Lynn, MA 01905

4beds

1,392sqft

$4,046/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$624,200 Zestimate^®

$460/sqft

$-- HOA

What's special

Enclosed porchesFunctional layoutBright inviting living spacesHardwood flooring throughoutOff-street parking

Incredible investment opportunity! Well-maintained 2-family property in a prime Lynn location—ideal for investors or owner-occupants. Each unit features 2 bedrooms, 1 full bath, hardwood flooring throughout, and a functional layout with bright, inviting living spaces. Enclosed porches add additional charm and flexibility. Off-street parking adds to the overall appeal and ease of living. Ideally located near shops, restaurants, public transportation, and everyday amenities, this property offers both strong rental potential and lifestyle appeal. Property will be delivered vacant, providing immediate flexibility for occupancy or market rents. A fantastic opportunity for income generation or multi-generational living.

141 days

929

41

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Steam

Appliances

Included: Range, Refrigerator

Features

Living Room, Kitchen
Flooring: Hardwood
Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,392
Total interior livable area: 1,392 sqft
Finished area above ground: 1,392

Property

Parking

Total spaces: 5
Parking features: Paved Drive
Uncovered spaces: 5

Features

Patio & porch: Enclosed
Fencing: Fenced/Enclosed

Lot

Size: 4,552 Square Feet
Features: Cleared, Level

Details

Parcel number: M:022 B:339 L:043,4521566
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: 220 Volts
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, Highway Access, House of Worship, Public School

Location

Region: Lynn

Financial & listing details

Price per square foot: $460/sqft
Tax assessed value: $577,383
Annual tax amount: $5,982
Date on market: 3/26/2026
Total actual rent: 0

Estimated market value

$624,200

$593,000 - $655,000

$3,081/mo

Price history

Date	Event	Price
7/22/2026	Price change	$640,000-5.9%$460/sqft
Source: MLS PIN #73492307 Report a problem
7/17/2026	Listed for sale	$680,000$489/sqft
Source: MLS PIN #73492307 Report a problem
7/14/2026	Contingent	$680,000$489/sqft
Source: MLS PIN #73492307 Report a problem
5/13/2026	Price change	$680,000-6.2%$489/sqft
Source: MLS PIN #73492307 Report a problem
3/26/2026	Listed for sale	$725,000+260.7%$521/sqft
Source: MLS PIN #73492307 Report a problem
7/13/1987	Sold	$201,000$144/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,982 +8%	$577,383 +9.8%
2024	$5,537 -2%	$525,800 +3.7%
2023	$5,651	$506,800
2022	$5,651 +8.1%	$506,800 +26.4%
2021	$5,226 +6.3%	$401,100 +9.3%
2020	$4,916 +2.6%	$366,900 +9.5%
2019	$4,793 +1%	$335,200 +7%
2018	$4,745 +8.6%	$313,200 +11.9%
2017	$4,368 +6.5%	$280,000 +10.4%
2016	$4,103 +3.8%	$253,600 +7.5%
2015	$3,951 +10.2%	$235,900 +12.8%
2014	$3,584 +7.3%	$209,200 +6%
2013	$3,340 +4%	$197,300
2012	$3,212 +4.9%	$197,300 +4.6%
2011	$3,061 +5.4%	$188,700 +1%
2010	$2,903 +0.8%	$186,900 -17.3%
2009	$2,881 -12.2%	$226,100 -24.4%
2008	$3,282 +7.6%	$298,900 +1.9%
2007	$3,050 +12.6%	$293,300 +7.6%
2006	$2,709	$272,500