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11 Sachem St Lynn — Photo 1 of 18

11 Sachem St Lynn — Photo 1 of 18

$975,000

Investment Analysis — 11 Sachem St

Lynn, MA 01902

Based on rent reported on the MLS listing, a 3-unit multi-family in 01902 carries $8,400/mo in gross rent — about a 6.83% cap rate and $66,572/yr in estimated NOI at the $975,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

3

SqFt

3,199

Style

3 Family

Built

1900

Excellent opportunity for investors or owner-occupants in Lynn’s desirable Diamond District, just blocks from the beach and conveniently located near the Commuter Rail, MBTA service, Route 1A, North Shore Community College, downtown dining, shopping, and area amenities. This well-maintained three-family has been updated over the past several years, including kitchens, flooring, fixtures, windows, electrical, and other utilities. Unit 1 offers three bedrooms and one bath, while Units 2 and 3 each feature two bedrooms and one bath. The units enjoy comfortable layouts, generously sized bedrooms, eat-in kitchens, and abundant natural light. Separate utilities add convenience and efficiency, while the spacious basement provides additional storage and laundry hookups. A versatile property offering strong income potential and an excellent opportunity to live in one unit while renting the others.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$975,000
Annual Taxes$10,036

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms13
FireplacesNone
Flooring--
BasementFull, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationStone
ZoningR3

Property & Lot

Acres0.05
SqFt Lot2,152
Lot FeaturesLevel

Amenities & Appliances

Range • Microwave • Refrigerator

Neighborhood

Public Transportation • Park • Medical Facility • Laundromat • Public School

Geography

Listing Provided By

Listing Agent: Vincent Forzese

Listing Office: Realty One Group Nest

MLS® Number: 73583742