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43 Highrock Street Lynn — Photo 1 of 21

43 Highrock Street Lynn — Photo 1 of 21

Recent Drop: $100,000

$1,800,000
$1,700,000

$1,700,000

Investment Analysis — 43 Highrock Street

Lynn, MA 01902

Based on rent reported on the MLS listing, a 6-unit multi-family in 01902 carries $18,645/mo in gross rent — about a 9.07% cap rate and $154,128/yr in estimated NOI at the $1,700,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

18

Baths

6

SqFt

4,230

Style

5-9 Family

Built

1900

Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.

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 MLS and other third-party data may be inaccurate or out of date.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$1,900,000
Annual Taxes$15,914

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms30
FireplacesNone
FlooringLaminate, Hardwood
BasementFull, Interior Entry, Concrete

Climate & Utilities

HeatingSteam
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationStone
ZoningR2

Property & Lot

Acres0.1
SqFt Lot4,230
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Laundromat • Private School • Public School

Geography

Property History

Price Drop
$1,700,000

Was $1,800,000

Aug 20, 2026

MLS® 73535795

Price Drop
$1,800,000

Was $1,900,000

Aug 3, 2026

MLS® 73535795

Listed
$1,900,000

Jun 19, 2026

MLS® 73535795

Listed
$1,700,000

Jun 19, 2026

MLS® 73538789

Listing Provided By

Listing Agent: Eugene L. Clements

Listing Office: Clements Realty Group

MLS® Number: 73535795