$1,199,000
162 Washington St
Lynn, MA, 01902
Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!
Property Details
Price:
$1,199,000
MLS #:
73546120
Status:
Active
Beds:
11
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Jul 7, 2026
Finished Sq Ft:
4,088
Total Sq Ft:
4,088
Lot Size:
3,306 sqft / 0.08 acres (approx)
Year Built:
1890
Units:
3
Schools
Interior
Above Grade Finished Area
4088
Appliances
Range, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Tile, Hardwood
Heating
Baseboard, Natural Gas, Hot Water, Forced Air
Interior Features
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School, T-Station
Construction Materials
Frame
Exterior Features
Balcony/Deck, Balcony
Lot Features
Corner Lot, Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch
Stories
3
Waterfront Features
Ocean, 1 to 2 Mile To Beach
Financial
Tax Year
2025
Taxes
$9,659
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Lynn as of Jul 17, 2026
72
Multi Family Listed
114
Avg DOM
327
Avg $ / SqFt
$1,605,212
Avg List Price
Community
- Address162 Washington St Lynn MA
- CityLynn
- CountyEssex
- Zip Code01902
Subdivisions in Lynn
Similar Listings Nearby
Property Summary
- 162 Washington St Lynn MA is a Multi Family for sale in Lynn, MA, 01902. It is listed for $1,199,000 To schedule a showing of MLS#73546120 at 162 Washington St in Lynn, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Lyv Realty. 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.
162 Washington St
Lynn, MA