MLS #73447102 image #0MLS #73447102 image #1MLS #73447102 image #2MLS #73447102 image #3MLS #73447102 image #4MLS #73447102 image #5MLS #73447102 image #6MLS #73447102 image #7MLS #73447102 image #8
Turnkey 4-Unit Investment Property – Fully Rented!Exceptional opportunity to own a high-performing, fully rented four-unit property generating $8,985 per month in rental income. Unit 1 is currently configured as a two-bedroom, though public records list it as a three-bedroom. Property features include an updated boiler and water heaters, separately metered utilities, and a strong rental history ensuring consistent cash flow. Ideal for investors seeking a stable, low-maintenance asset in a desirable location.Private showings by appointment only. No open houses. Serious, vetted buyers only.
Current real estate data for Multi Family in Lynn as of Oct 24, 2025
50
Multi Family Listed
125
Avg DOM
298
Avg $ / SqFt
$1,146,210
Avg List Price

Property Details

Price:
$1,315,000
MLS #:
73447102
Status:
Active
Beds:
9
Baths:
4
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Listed Date:
Oct 23, 2025
Finished Sq Ft:
3,765
Total Sq Ft:
3,765
Lot Size:
3,250 sqft / 0.07 acres (approx)
Year Built:
1910
Units:
4
Parking Total

Schools

Interior

Bathrooms
4 Full Bathrooms

Exterior

Parking Features
Other
Parking Spots
1

Financial

Net Operating Income
$107,820
Tax Year
2025
Taxes
$10,085

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Property Summary

    505-507 Boston St Lynn MA is a Multi Family for sale in Lynn, MA, 01905. It is listed for $1,315,000 To schedule a showing of MLS#73447102 at 505-507 Boston St 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.,…

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505-507 Boston St
Lynn, MA