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Located at 72 74 Hanover Street, in the vibrant city of Lynn, Massachusetts, this multi-family residence presents a unique opportunity to own a substantial property with enduring character. Its location offers convenience and access to the amenities of city life. This classic Triple Decker features updated heat and hot water. All 3 units have Certificates of Compliance. Great rents with 3 bedrooms in each unit. Third floor is leased until, 1st and second floors vacant and ready to occupancy. Third floor rent is actual, 1st and second floor rents are from most recent tenants. All in all a great opportunity for the owner occupant to live and collect solid rental income, or the investor to capitalize!
Current real estate data for Multi Family in Lynn as of Dec 08, 2025
48
Multi Family Listed
142
Avg DOM
302
Avg $ / SqFt
$1,461,792
Avg List Price

Property Details

Price:
$975,000
MLS #:
73460401
Status:
Active Under Contract
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Dec 5, 2025
Finished Sq Ft:
3,513
Total Sq Ft:
3,513
Lot Size:
2,378 sqft / 0.05 acres (approx)
Year Built:
1910
Units:
3

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Heating
Baseboard, Natural Gas

Exterior

Parking Features
Paved Drive, Off Street
Parking Spots
2

Financial

Net Operating Income
$99,084
Tax Year
2026
Taxes
$8,340

Map

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Property Summary

    72 74 Hanover Street Lynn MA is a Multi Family for sale in Lynn, MA, 01902. It is listed for $975,000 To schedule a showing of MLS#73460401 at 72 74 Hanover Street 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.,…

More About James
72 74 Hanover Street
Lynn, MA