For sale

Price cut: $10K (10/25)

$965,000

98 Lafayette Park, Lynn, MA 01902

8beds

3,425sqft

$6,359/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$941,900 Zestimate^®

$282/sqft

$-- HOA

What's special

Off-street parkingFenced yard

Rare gem alert! Lynn multifamily opportunity offering approximately 3,425 sq. ft. with 8 bedrooms and 2 full baths. The two-family layout, separate utilities, off-street parking, and fenced yard provide excellent flexibility for owner-occupants or investors. Conveniently located near shopping, parks, public transportation, and everyday amenities, with easy access to surrounding Lynn and Boston-area destinations. A strong opportunity to build equity in a well-located Lynn property. This property has had many updates and is currently income producing. Parking includes room for 8 cars, the home is de-leaded with applicable certificate available. There is a large bonus space in the attic which creates an attractive value add opportunity for the savvy investor. Come check it out.

31 days
208
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 2
Full bathrooms: 2

Features

Flooring: Wood, Tile
Basement: Concrete
Has fireplace: No

Interior area

Total structure area: 3,425
Total interior livable area: 3,425 sqft
Finished area above ground: 3,425

Property

Parking

Total spaces: 8
Parking features: Paved Drive
Uncovered spaces: 8

Features

Waterfront features: Ocean, 1 to 2 Mile To Beach

Lot

Size: 6,499 Square Feet

Details

Parcel number: 2000017
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Stone, Brick/Mortar
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Lynn

Financial & listing details

Price per square foot: $282/sqft
Tax assessed value: $981,590
Annual tax amount: $10,110
Date on market: 10/4/2026
Total actual rent: 6500

Estimated market value

$941,900

$895,000 - $989,000

$2,727/mo

Price history

Date	Event	Price
10/25/2026	Price change	$965,000-1%$282/sqft
Source: MLS PIN #73586370 Report a problem
10/4/2026	Listed for sale	$975,000+197.3%$285/sqft
Source: MLS PIN #73586370 Report a problem
12/8/2003	Sold	$328,000+187.7%$96/sqft
Source: Public Record Report a problem
12/31/1997	Sold	$114,000$33/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,363 +5.7%	$903,764 +7.5%
2024	$8,857 -1.7%	$841,100 +4.1%
2023	$9,006	$807,700
2022	$9,006 +11.5%	$807,700 +30.3%
2021	$8,076 +6.3%	$619,800 +9.3%
2020	$7,598 +8.1%	$567,000 +15.4%
2019	$7,028 +5.6%	$491,500 +11.8%
2018	$6,658 +0.8%	$439,500 +3.8%
2017	$6,605 +13.9%	$423,400 +18.1%
2016	$5,801 +3.3%	$358,500 +6.9%
2015	$5,616 +11.9%	$335,300 +14.5%
2014	$5,017 +7.2%	$292,900 +6%
2013	$4,679 +1.5%	$276,400 -2.4%
2012	$4,609 +12.4%	$283,100 +12%
2011	$4,099 +13.8%	$252,700 +8.9%
2010	$3,603 -11.3%	$232,000 -27.2%
2009	$4,062 -13.2%	$318,800 -25.2%
2008	$4,681 +7%	$426,300 +1.3%
2007	$4,375 +3.9%	$420,700 -0.7%
2006	$4,210 +12.4%	$423,500 +15.1%
2005	$3,744 +6%	$367,800 +19.1%
2004	$3,531 +5.4%	$308,900 +21.9%
2003	$3,349	$253,500