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INVESTMENT SNAPSHOT
About this property
A rare turnkey 3-family investment opportunity moments from the desirable East Lynn neighborhood. Completely gut-renovated in approximately 2017 and meticulously maintained, this fully sprinklered property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit — each thoughtfully updated with modern kitchens and bathrooms, hardwood flooring, and open-concept living and dining layouts. Additional highlights include a generous backyard, off-street parking, and strong rental demand in one of the North Shore's most rapidly growing markets. Ideally situated approximately 1.5 miles from the beautiful Kings Beach and just minutes from the MBTA Commuter Rail station in Lynn — with convenient access to Swampscott and the broader North Shore corridor. Whether you are an end user or a seasoned investor, this is a truly turnkey asset offering immediate income potential and exceptional long-term upside. Opportunities like this don't come along often.
Property details
| Units | 3 |
| Living area | 2,141 sqft |
| Lot size | 3,515 sqft |
| Year built | 1900 |
| Price / sqft | $430 |
| County | Essex |
| MLS # | 73549163 |
Listing status
| Days on market | 24 days |
| Listed on | July 14, 2026 |
Taxes & financials
| Annual property tax | $8,498 |
| Tax year | 2025 |
| Assessed value | $820,300 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 11 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street |
| Basement | Concrete, Unfinished |
| Foundation | Block, Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Vinyl |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Lynn →
Listing courtesy of Serhant — Vincent Rizzo. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 7 Ward St., Lynn MA 01902 have?
It is a 3-unit multi-family property with 2,141 sqft of living area, built in 1900.
How long was 7 Ward St., Lynn MA 01902 on the market before it sold?
7 Ward St., Lynn MA 01902 sold after about 108 days on the market (listed July 14, 2026, closed October 30, 2026).
What is the price per unit?
At a list price of $899,999 across 3 units, that works out to roughly $300,000 per unit.
What are the property taxes on 7 Ward St., Lynn MA 01902?
Annual property taxes are $8,498 (2025), on an assessed value of $820,300.
What is the price per square foot?
At $899,999 for 2,141 sqft, that's about $430 per square foot.
Is there parking?
2 total parking spaces (paved drive, off street).
Where is this property located?
7 Ward St., Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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