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140 Lynnfield St Lynn — Photo 1 of 35

140 Lynnfield St Lynn — Photo 1 of 35

$699,000

Investment Analysis — 140 Lynnfield St

Lynn, MA 01904

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01904 carries an estimated $3,390/mo in gross rent — about a 3.46% cap rate and $24,172/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

2,665

Style

Single Family

Built

1952

Welcome to 140 Lynnfield St., an extraordinary residence offering an unbeatable combination of space, versatility, and modern comfort. Boasting 5 generously sized bedrooms and 3 full bathrooms, this thoughtfully upgraded home is designed to cater to a variety of lifestyle needs, including an ideal setup for multi-generational living or dynamic work-from-home options. Step inside to experience an inviting and functional layout filled with natural light. The heart of the home features an expansive galley kitchen, making for easy at-home cooking. Unwind in the warm and cozy living room, complete with a pellet stove that adds charm and ambiance during colder months. The primary bedroom serves as your own private sanctuary, showcasing a peaceful walk-out balcony/deck where you can enjoy your morning coffee. The spa-like upstairs bathroom is highlighted by an extra-large jetted soaking tub, perfect for relaxing after a long day. The fully finished basement adds incredible value and flexible square footage, featuring 2 full bedrooms and a full bath—offering fantastic potential for extended family, guests, or an expansive recreation area. Enjoy year-round indoor-outdoor transition with a bright 3-season porch located just off the back of the home. Key mechanical and infrastructure updates provide complete peace of mind, including a high-efficiency oil-to-gas heating conversion and a recently installed 1-year-old water heater. Outside, you'll find an expanded driveway with added parking and a massive backyard offering views of Sluice Pond, there is unlimited potential to build your dream outdoor oasis. Don't miss this rare opportunity to own a flexible, turn-key property packed with premium value!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,665 sq ft principal dwelling). Lot size: 9,082 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

Immersive Experience

Property Details

Financials

Original Price$699,000
Annual Taxes$6,745

Parking

Garage0
Off-Street7

Interior Specifications

Total Rooms7
Fireplaces1
FlooringTile, Vinyl, Carpet, Hardwood, Flooring - Vinyl, Flooring - Hardwood
BasementFull, Finished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.21
SqFt Lot9,082
Lot FeaturesGentle Sloping

Amenities & Appliances

Electric Water Heater • Range • Oven • Dishwasher • Disposal • Trash Compactor • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Park • Golf • Medical Facility • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
OfficePrimary BedroomBedroom 4Bedroom 5Bathroom 3
First
Bathroom 2
Basement
Family RoomBedroom 2Bedroom 3Bathroom 1
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

20 x 16

Flooring - Hardwood, Exterior Access

Dining Room
Lvl Main,First

12.333333333 x 16

Closet, Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl Main,First

17.166666666 x 10.25

Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Stainless Steel Appliances, Lighting - Overhead

Office
Lvl Second

5.083333333 x 7

Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead

Family Room
Lvl Basement

18 x 16

Closet, Flooring - Wall to Wall Carpet, Recessed Lighting

Primary Bedroom
Lvl Second

17.5 x 12

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Slider, Lighting - Overhead

Bedroom 2
Lvl Basement

12 x 12.416666666

Bedroom 3
Lvl Basement

9.166666666 x 10.5

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

14.666666666 x 13

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 5
Lvl Second

14 x 10.166666666

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl Basement

4.916666666 x 8.333333333

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 2
Lvl First

8.5 x 9.416666666

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 3
Lvl Second

10.416666666 x 7

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Jessica Psaros

Listing Office: Redfin Corp.

MLS® Number: 73584315