Exceptional three-family property offering a fantastic opportunity for both owner-occupants and investors. This well-maintained building features separate utilities throughout, including three individual gas heating systems, making ownership and management simple and efficient. The property boasts numerous low-maintenance improvements, including vinyl siding and a durable rubber roof. Tenants will appreciate the large rear decks, providing ample outdoor space for relaxation and entertaining, as well as the convenience of off-street parking. Whether you’re looking to occupy one unit while generating rental income or add a solid multi-family asset to your portfolio, this property offers strong long-term value and excellent investment potential.
For sale
$989,900
8 Varnum St, Lynn, MA 01905
9beds
2,640sqft
3 Family - 3 Units Up/Down
Built in 1920
-- sqft lot
$968,200 Zestimate®
$375/sqft
$-- HOA
What's special
Vinyl sidingLarge rear decksDurable rubber roofOff-street parking
- 15 days |
- 449 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Eugene L. Clements 978-998-9600,
Clements Realty Group 781-595-9600
Source: MLS PIN,MLS#: 73535816
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Kitchen
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Interior Entry,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
- Finished area above ground: 2,640
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 3
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters
- Waterfront features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 2,200 Square Feet
- Features: Level
Details
- Parcel number: M:036 B:790 L:017,2007660
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Private School
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $724,400
- Annual tax amount: $7,505
- Date on market: 6/19/2026
- Total actual rent: 8330
- Road surface type: Paved
Estimated market value
$968,200
$920,000 - $1.02M
$3,115/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $989,900+421%$375/sqft |
Source: MLS PIN #73535816 Report a problem | ||
| 1/12/2010 | Sold | $190,000-2.6%$72/sqft |
Source: Public Record Report a problem | ||
| 12/5/2009 | Listed for sale | $195,000-35%$74/sqft |
Source: Diana K. Morselli #70880700 Report a problem | ||
| 3/20/2007 | Sold | $300,000+126.4%$114/sqft |
Source: Public Record Report a problem | ||
| 8/17/1999 | Sold | $132,500-16.7%$50/sqft |
Source: Public Record Report a problem | ||
| 7/7/1989 | Sold | $159,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,505 +1.3% | $724,400 +3% |
| 2024 | $7,407 +5.8% | $703,400 +12% |
| 2023 | $7,003 | $628,100 |
| 2022 | $7,003 +6.2% | $628,100 +24.1% |
| 2021 | $6,594 +8% | $506,100 +11.1% |
| 2020 | $6,104 +4.6% | $455,500 +11.6% |
| 2019 | $5,836 +4.7% | $408,100 +10.9% |
| 2018 | $5,575 +4.7% | $368,000 +7.9% |
| 2017 | $5,323 +6.4% | $341,200 +10.3% |
| 2016 | $5,004 +12.7% | $309,300 +16.7% |
| 2015 | $4,440 +11.3% | $265,100 +13.8% |
| 2014 | $3,990 +22.1% | $232,900 +20.7% |
| 2013 | $3,267 +1% | $193,000 -2.9% |
| 2012 | $3,235 +1.1% | $198,700 +0.8% |
| 2011 | $3,199 +16% | $197,200 +11.1% |
| 2010 | $2,757 -10.7% | $177,500 -26.8% |
| 2009 | $3,088 -12.5% | $242,400 -24.6% |
| 2008 | $3,531 -3.9% | $321,600 -9% |
| 2007 | $3,675 +6.6% | $353,400 +1.9% |
| 2006 | $3,448 +3.5% | $346,900 +6.1% |
| 2005 | $3,330 -3.4% | $327,100 +8.5% |
| 2004 | $3,446 +11.8% | $301,500 +29.3% |
| 2003 | $3,081 +40.9% | $233,200 +75.6% |
| 2001 | $2,186 +20.6% | $132,800 +29.9% |
| 1999 | $1,812 +8.3% | $102,200 +2.4% |
| 1995 | $1,673 | $99,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 01905
Nearby schools
GreatSchools rating
- 4/10A Drewicz Elementary SchoolGrades: K-5Distance: 0.4 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 1 mi
- 6/10William R Fallon Elementary SchoolGrades: K-5Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Essex County
- Lynn
- 01905
- 8 Varnum St





