Investor or Owner-Occupant Opportunity –Tremendous Value Add in Lynn! Welcome to this spacious 2-family home located on a wide, desirable street in Lynn. Bursting with potential, this property offers the perfect canvas for renovation-minded buyers—whether you’re an owner-occupant looking to customize your dream home or an investor seeking strong upside. The first-floor unit features 2 bedrooms, nice layout & high ceilings. The kitchen & bathroom have already been removed, saving you demo time & making this unit ready for your vision & updates. The second-floor unit spans two levels & has been used as a 4-bedroom for years, though it offers potential for 5 bedrooms. The layout includes 1 bedroom on the main floor & 3 bedrooms upstairs. The second floor was renovated approximately 27 years ago & while in good condition, would benefit from cosmetic updates. There’s also space to add a 2nd bathroom for increased functionality & value. Don’t miss out on this home’s full potential!
Property Details
Price:
$689,000
MLS #:
73356151
Status:
Pending
Beds:
6
Baths:
2
Address:
55 Winthrop St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Lynn
Listed Date:
Apr 8, 2025
State:
MA
Finished Sq Ft:
2,343
Total Sq Ft:
2,343
ZIP:
01904
Lot Size:
6,682 sqft / 0.15 acres (approx)
Year Built:
1900
Units:
2
Schools
Interior
Bathrooms
2 Full Bathrooms
Flooring
Wood, Plywood, Carpet, Varies, Laminate, Hardwood
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2025
Taxes
$7,588
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 Trinity 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.
55 Winthrop St
Lynn, MA
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