Back to Search
Active
183 Days on market
51 High Rock St Lynn — Photo 1 of 37

51 High Rock St Lynn — Photo 1 of 37

Recent Drop: $5,000

$870,000
$865,000

$865,000

Investment Analysis — 51 High Rock St

Lynn, MA 01902

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01902 carries an estimated $5,950/mo in gross rent — about a 5.32% cap rate and $46,026/yr in estimated NOI at the $865,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

3

SqFt

3,245

Style

2 Family - 2 Units Up/Down

Built

1880

Welcome to High Rock Castle! Located at 51 High Rock St in Lynn, this spacious two-family home offers 3,245 sq ft of living space and incredible potential for both owner-occupants and investors.The first unit features 2 bedrooms, 1 full bath, and high ceilings. The second unit spans two levels and offers 4 bedrooms plus 2 bonus rooms, providing flexibility for up to 6 bedrooms. It includes 1 full bath on the second floor and an additional full bath on the third level. The home can be delivered vacant, making it a great opportunity to live in one unit while renting the other, or to add a strong asset to your investment portfolio. Additional features include a basement with high ceilings and walk-out access, as well as newer water tanks. Ideally located next to High Rock Park & Tower Observatory, known for its stunning views of the ocean, city, and Boston skyline. Don’t miss this opportunity-this property is full of potential! *Back on the market due to the buyer being unable to secure financing.*

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 MLS and other third-party data may be inaccurate or out of date.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$925,000
Annual Taxes$8,238

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Vinyl, Laminate, Marble
BasementFull

Climate & Utilities

HeatingOil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningR2

Property & Lot

Acres0.08
SqFt Lot3,332
Lot Features--

Neighborhood

Public Transportation • Shopping • Park

Geography

Property History

Price Drop
$865,000

Was $870,000

Sep 25, 2026

MLS® 73496426

Price Drop
$870,000

Was $889,900

Aug 20, 2026

MLS® 73496426

Price Drop
$889,900

Was $900,000

May 9, 2026

MLS® 73496426

Price Drop
$900,000

Was $925,000

Apr 22, 2026

MLS® 73496426

Listed
$925,000

Apr 6, 2026

MLS® 73496426

Listing Provided By

Listing Agent: Miguel Feliz

Listing Office: Coldwell Banker Realty - Andovers/Readings Regional

MLS® Number: 73496426