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98 Lafayette Park Lynn — Photo 1 of 16

98 Lafayette Park Lynn — Photo 1 of 16

$975,000

Investment Analysis — 98 Lafayette Park

Lynn, MA 01902

Based on rent reported on the MLS listing, a 2-unit multi-family in 01902 carries $6,500/mo in gross rent — about a 5.04% cap rate and $49,170/yr in estimated NOI at the $975,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

2

SqFt

3,425

Style

Multi Family

Built

1900

Rare gem alert! Lynn multifamily opportunity offering approximately 3,425 sq. ft. with 8 bedrooms and 2 full baths. The two-family layout, separate utilities, off-street parking, and fenced yard provide excellent flexibility for owner-occupants or investors. Conveniently located near shopping, parks, public transportation, and everyday amenities, with easy access to surrounding Lynn and Boston-area destinations. A strong opportunity to add value and build equity in a well-located Lynn property. This property has had many updates and is currently income producing. Come check it out.

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 MLS and other third-party data may be inaccurate or out of date.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$10,110

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Tile
BasementConcrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningR1

Property & Lot

Acres0.15
SqFt Lot6,499
Lot Features--

Geography

Property History

Listed
$975,000

Oct 4, 2026

MLS® 73586370

Expired
$3,300

Apr 1, 2026

MLS® 73466709

Listed
$3,300

Jan 8, 2026

MLS® 73466709

Sold
$240,000

Jun 24, 2025

MLS® 73393891

Listed
$239,900

Jun 19, 2025

MLS® 73393891

Listing Provided By

Listing Agent: Fermin Group

Listing Office: Century 21 North East

MLS® Number: 73586370