First time on the market in over 45 years! This special multifamily residence has been cherished and meticulously maintained by the same owners for more than four decades. Set on breathtaking professionally landscaped grounds, the property offers a rare blend of space, versatility, and pride of ownership. Each of the two generous units features two full bathrooms, in-unit laundry, and separately metered utilities, making it ideal for both owner-occupants and savvy investors. Unit 1 enjoys exclusive access to the full basement—perfect for additional storage, hobbies, or future expansion. Unit 2 offers access to the attic, providing even more space and flexibility. Whether you’re drawn in by the serene outdoor setting or the solid interior layout, this property offers the perfect canvas for your next chapter. Don’t miss this unique opportunity to own a home where care, comfort, and potential come together.
Property Details
Price:
$875,000
MLS #:
73373873
Status:
Active
Beds:
5
Baths:
4
Address:
199 Lynn St
Type:
Multi Family
City:
Peabody
Listed Date:
May 13, 2025
State:
MA
Finished Sq Ft:
3,296
Total Sq Ft:
3,296
ZIP:
01960
Lot Size:
12,097 sqft / 0.28 acres (approx)
Year Built:
1920
Units:
2
Schools
Interior
Appliances
Range, Dishwasher, Disposal, Refrigerator, Microwave
Bathrooms
4 Full Bathrooms
Cooling
None
Fireplaces Total
4
Flooring
Carpet, Hardwood
Heating
Baseboard, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup
Exterior
Community Features
Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Off Street
Parking Spots
6
Roof
Shingle
Financial
Tax Year
2025
Taxes
$6,926
Map
Contact Us
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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 JamesCourtesy of LAER Realty Partners. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
199 Lynn St
Peabody, MA
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