44 Estes Street Portfolio, Lynn, MA 01902
44 Estes Street Portfolio, Lynn, MA 01902
44 Estes Street Portfolio, Lynn, MA 01902
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$13,299,000
Est. payment /mo
64 Beds
62 Baths
42,486 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 42,486 sqft

Price per Sqft $313

MLS Listing ID 73549418

Bedrooms 64

Full Baths 62

Year Built 1926

Annual Tax Amount $9

Tax Year 2026

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.

Location

State MA

County Essex

Zoning 9

Direction Broad St -> Estes Street

Rooms

Basement Full

Exterior

Exterior Feature Other

Waterfront Description Bay,Walk to,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Rubber,Other

Total Parking Spaces 15

Garage No

Building

Lot Description Other

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false


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Listed by Boston Realty Advisors
Kimberly Winslow

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(413) 374-3186

realtorkimwins@gmail.com

39899 BalentineDr, Suite 200, Newark, MA 94560, USA

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44 Estes Street Portfolio