Lynn’s classic 3-family on Laurel St pairs turn-key cash flow with long-term upside. Each sun-filled 2 bed/1 bath home offers parlor living/dining rooms, hardwoods, and refreshed kitchens & baths. Big-ticket items are complete: three high-efficiency gas boilers and hot-water heaters (2024), ongoing maintenance upgrades, vinyl siding, and replacement windows for low exterior upkeep. Separately metered utilities and tenant-paid heat/electric minimize owner expense. 0.14-acre lot provides off-street parking plus a shared yard. R4 zoning and full basement offer potential for storage or added value (buyer to verify). Walk to Lynn Harbor, commuter rail, buses, shops and downtown dining; about 10 mi to Boston via Rt-1A/128. All tenants are tenants at will.

Property Details

Price:
$950,000
MLS #:
73363826
Status:
Active
Beds:
6
Baths:
3
Address:
19-21 Laurel St
Type:
Multi Family
Subtype:
3 Family
City:
Lynn
Listed Date:
Apr 23, 2025
State:
MA
Finished Sq Ft:
3,663
Total Sq Ft:
3,663
ZIP:
01905
Year Built:
1900
Units:
3

Schools

Elementary School:
Per Board Of Ed
Middle School:
Per Board Of Ed
High School:
Per Board Of Ed

Interior

Appliances
Washer, Dryer, Range, Dishwasher, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
None
Flooring
Wood, Tile, Carpet, Laminate
Heating
Forced Air

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, House of Worship
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
6
Roof
Tar/ Gravel

Financial

Net Operating Income
$32,400
Tax Year
2025
Taxes
$8,496

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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.,…

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19-21 Laurel St
Lynn, MA