An exceptional and rare opportunity to own a fully renovated, townhouse-style two-family residence in one of Lynnfield’s most tranquil, single-family neighborhoods near the town center. This is the first multifamily property to come to market in Lynnfield in over two years! A compelling option for owner-occupants seeking supplemental rental income, investors pursuing a turnkey cash-flowing asset, or those seeking a multigenerational living arrangement. Each impeccably designed townhouse unit offers 2 bedrooms, 1 full bath, gleaming hardwood floors, in-unit laundry, walkout basements, and gorgeous, modern finishes throughout. Situated on a generous lot, the home boasts an expansive deck, a spacious yard, and a detached two-car garage with a full second level—ideal for storage, workshop, or potential to make a finished space. A truly distinctive property offering flexibility, strong investment value, and endless possibilities! Offer deadline 6/2 at 3pm.

Property Details

Price:
$1,195,000
MLS #:
73380292
Status:
Active
Beds:
4
Baths:
2
Address:
62-64 Lincoln Ave
Type:
Multi Family
Subtype:
2 Family – 2 Units Side by Side
City:
Lynnfield
Listed Date:
May 27, 2025
State:
MA
Finished Sq Ft:
2,568
Total Sq Ft:
2,568
ZIP:
01940
Lot Size:
20,255 sqft / 0.46 acres (approx)
Year Built:
1890
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, None
Flooring
Hardwood
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
10
Roof
Asphalt/ Composition Shingles

Financial

Net Operating Income
$36,000
Tax Year
2025
Taxes
$11,110

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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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62-64 Lincoln Ave
Lynnfield, MA