Sold for $970,000

$970,000

8 Varnum St, Lynn, MA 01905

9beds

2,640sqft

3 Family - 3 Units Up/Down

Built in 1920

-- sqft lot

$970,200 Zestimate^®

$367/sqft

$2,658 Estimated rent

Home value

$970,200

$893,000 - $1.05M

$2,658/mo

Zestimate^® history

Owner options

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$2,658/mo

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$2,658/mo

Rent Zestimate^®

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$6,495/mo

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$6,495/mo

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What's special

Vinyl sidingLarge rear decksDurable rubber roofOff-street parking

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.

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: $367/sqft
Tax assessed value: $724,400
Annual tax amount: $7,505
Date on market: 7/29/2026
Total actual rent: 8330
Road surface type: Paved

Price history

Date	Event	Price
9/3/2026	Sold	$970,000-2%$367/sqft
Source: MLS PIN #73535816 Report a problem
8/20/2026	Pending sale	$989,900$375/sqft
Source: MLS PIN #73535816 Report a problem
8/6/2026	Contingent	$989,900$375/sqft
Source: MLS PIN #73535816 Report a problem
7/20/2026	Listed for sale	$989,900$375/sqft
Source: MLS PIN #73535816 Report a problem
7/10/2026	Contingent	$989,900$375/sqft
Source: MLS PIN #73535816 Report a problem
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