Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend their portfolio, so do not miss out on this one.
Property Details
Price:
$815,000
MLS #:
73385270
Status:
Active
Beds:
6
Baths:
3
Address:
42 Valley Ave
Type:
Multi Family
City:
Lynn
Listed Date:
Jun 3, 2025
State:
MA
Finished Sq Ft:
2,388
Total Sq Ft:
2,388
ZIP:
01902
Lot Size:
2,566 sqft / 0.06 acres (approx)
Year Built:
1880
Units:
2
Schools
Elementary School:
Ford
Middle School:
Marshalls
High School:
English
Interior
Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2025
Taxes
$7,968
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 JamesCourtesy of Re-yes Real Estate. 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.
42 Valley Ave
Lynn, MA
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