Excellent Three-Family Investment Opportunity in Lynn! Welcome to 147–149 Tracy Ave, a spacious multifamily property offering approximately 3,162 sq. ft. of living space with three residential units. Each apartment features generous living areas, hardwood flooring, two bedrooms, and one full bathroom. Additional highlights include separately metered utilities, private outdoor deck space, ample off-street parking, and a two-car garage. Conveniently situated on a residential street near schools, shopping, public transportation, and everyday amenities. Whether you’re looking to expand your investment portfolio or enjoy the benefits of owner-occupied multifamily living, this property offers flexibility, convenience, and excellent income potential. Don’t miss this opportunity!
| Units | 3 |
| Living area | 3,162 sqft |
| Lot size | 5,415 sqft |
| Year built | 1915 |
| Price / sqft | $348 |
| County | Essex |
| MLS # | 73596141 |
| Days on market | 0 days |
| Listed on | October 28, 2026 |
| Annual property tax | $9,233 |
| Tax year | 2026 |
| Assessed value | $896,400 |
| Zoning | R2 |
| Gross income (actual) | $96,000/yr |
| Net operating income (actual) | $96,000/yr |
| Total actual rent | $8,000/mo |
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.12 acres |
| Garage spaces | 1 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Walk-Out Access |
| Foundation | Stone |
| Flooring | Hardwood |
| Heating | Oil, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 3,162 sqft of living area, built in 1915.
147-149 Tracy Ave, Lynn MA 01902 has been listed for 0 days (since October 28, 2026).
At a list price of $1,099,000 across 3 units, that works out to roughly $366,333 per unit.
Annual property taxes are $9,233 (2026), on an assessed value of $896,400.
At $1,099,000 for 3,162 sqft, that's about $348 per square foot.
1 garage space and 6 total parking spaces (paved drive, off street).
147-149 Tracy Ave, Lynn MA 01902 is in Lynn, Essex County, MA 01902.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.