Open House May 24, 2025
04:00 – 06:00
Open House May 24, 2025
04:00 – 06:00
Open House May 21, 2025
06:00 – 07:00
Open House May 21, 2025
06:00 – 07:00
This sunny and spacious 3-family decker is tucked away from the street, and has been well maintained by the owner. All units are rented with no leases, and current rents are below market with lots of room to grow income here. Comprised of two 4-bedroom units and one 3-bedroom unit, each with 2 full baths, fully applianced eat-in kitchens, hardwood & laminate flooring, and newer exterior decks.The basement offers lots of storage and 2 sets of coin-operated washers and dryers. The shared driveway can accommodate up to 6 cars (2 spots per unit). Group Showing Wed., May 21st, 6 pm to 7 pm- Please register your attendance with listing agent (email or text message).

Property Details

Price:
$1,100,000
MLS #:
73376579
Status:
Active
Beds:
11
Baths:
6
Address:
347 Summer St
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Lynn
Listed Date:
May 16, 2025
State:
MA
Finished Sq Ft:
4,214
Total Sq Ft:
4,214
ZIP:
01905
Lot Size:
4,813 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Other, Trash Compactor
Bathrooms
6 Full Bathrooms
Flooring
Wood, Vinyl, Hardwood
Heating
Forced Air, Natural Gas, Baseboard
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Public School, T- Station
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
6
Roof
Rubber

Financial

Net Operating Income
$58,767
Tax Year
2025
Taxes
$9,583

Map

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
347 Summer St
Lynn, MA