Multifamily perfect for CONTRACTORS, FLIPPERS or other ALL-CASH buyers looking for next project.Great investment opportunity with *significant upside potential* for those ready to roll up their sleeves. Whether you’re looking to renovate & flip, create cash-flowing rental units, or live in 1 unit & rent the other, this is a fantastic opportunity to build equity. House has solid bones & spacious units. 1st floor consists of spacious LR, kitchen, full bath, and 3 to 4 BRs depending on whether you want a separate dining room. 2nd unit consists of a kitchen, LR, dining room, 3 BRs, Flex Room & 1.5 baths. Flex Room on 3rd floor can be used as an exercise area or office or maybe a small sleeping area? Both units have separate utilities. Common laundry & common storage in bsmt. Fenced in backyard. 3 tandem parking spots in driveway! Property sold AS IS & AS SEEN. SELLERS & SELLER AGENT MAKES NO WARRANTIES OR REPRESENTATIONS! CASH BUYER ONLY! Buyer responsible for obtaining smoke certificate

Property Details

Price:
$594,900
MLS #:
73397010
Status:
Active Under Contract
Beds:
7
Baths:
2.5
Address:
344 Essex St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Lynn
Listed Date:
Jun 26, 2025
State:
MA
Finished Sq Ft:
2,487
Total Sq Ft:
2,487
ZIP:
01902
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
2

Schools

Interior

Appliances
Range, Oven, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s)
Flooring
Vinyl, Varies, Wood
Heating
Central
Laundry Features
Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Tandem, Paved
Parking Spots
3
Roof
Shingle, Rubber

Financial

Tax Year
2025
Taxes
$6,480

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.,…

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344 Essex St
Lynn, MA