MLS #73549418 image #0
Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn’s established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan–ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston’s North Shore.
Current real estate data for Multi Family in Lynn as of Oct 17, 2026
73
Multi Family Listed
132
Avg DOM
306
Avg $ / SqFt
$1,420,525
Avg List Price

Property Details

Price:
$13,299,000
MLS #:
73549418
Status:
Active
Beds:
64
Baths:
62
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Jul 14, 2026
Finished Sq Ft:
42,486
Total Sq Ft:
42,486
Lot Size:
25,221 sqft / 0.58 acres (approx)
Year Built:
1926
Units:
62

Schools

Interior

Above Grade Finished Area
42486
Bathrooms
62 Full Bathrooms
Levels
2

Exterior

Construction Materials
Frame, Brick, See Remarks
Exterior Features
Other
Lot Features
Other
Open Parking Spaces
15
Open Parking YN
1
Parking Features
Off Street, Driveway
Parking Spots
15
Parking Total
15
Patio And Porch Features
Porch, Deck
Roof
Rubber, Other
Stories
2
Waterfront Features
Bay, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Financial

Net Operating Income
$900,845
Tax Year
2026
Taxes
$9

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Property Summary

    44 Estes Street Portfolio Lynn MA is a Multi Family for sale in Lynn, MA, 01902. It is listed for $13,299,000 To schedule a showing of MLS#73549418 at 44 Estes Street Portfolio in Lynn, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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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
44 Estes Street Portfolio
Lynn, MA