Active
121 Days on market
35-37 Park St Lynn — Photo 1 of 42

35-37 Park St Lynn — Photo 1 of 42

Recent Drop: $35,000

$1,529,986
$1,494,986

$1,494,986

35-37 Park St, Lynn, MA 01905

Lynn, MA 01905

Beds

12

Baths

6

SqFt

5,631

Style

5-9 Family

Built

1900

Welcome to your next investment opportunity! 35-37 Park St presents a rare chance to acquire a well-located 6-family property in one of Lynn’s strong and continuously growing rental markets. 7.2% current CAP and fully lead compliant! This large multifamily offers excellent income-producing potential with multiple units, strong cash flow opportunity, and long-term upside for both seasoned investors and owner-occupants looking to build wealth through real estate. New front entrance with with granite steps, new fencing, new concrete around foundation, new landscaping, repaired siding, rear porch, exterior of building. Conveniently located near major highways, public transportation, shopping, restaurants, schools, parks, and downtown Lynn. With consistent rental demand and future value-add potential, this is an ideal opportunity for investors looking to generate steady rental income while benefiting from long-term appreciation.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$265/sqft
Local Avg (Lynn)$298/sqft
11% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$1,529,986
Annual Taxes$12,063

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms27
FireplacesNone
FlooringTile, Vinyl, Carpet, Varies, Hardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingHot Water
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone, Brick/Mortar
ZoningR4

Property & Lot

Acres0.12
SqFt Lot5,123
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Property History

Price Drop
$1,494,986

Was $1,529,986

Jul 14, 2026

MLS® 73519410

Listed
$1,529,986

May 14, 2026

MLS® 73519410

Population

28,221

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

48.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Ahmet Tasgin

Listing Office: United Brokers

MLS® Number: 73519410

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