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INVESTMENT SNAPSHOT
About this property
Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!
Property details
| Units | 3 |
| Living area | 4,088 sqft |
| Lot size | 3,306 sqft |
| Year built | 1890 |
| Price / sqft | $293 |
| County | Essex |
| MLS # | 73546120 |
Listing status
| Days on market | 4 days |
| Listed on | July 7, 2026 |
Taxes & financials
| Annual property tax | $9,659 |
| Tax year | 2025 |
| Assessed value | $932,300 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Heating | Baseboard, Natural Gas, Hot Water, Forced Air |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Microwave, Refrigerator |
Location
More about investing in Lynn →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 162 Washington St, Lynn MA 01902 have?
It is a 3-unit multi-family property with 4,088 sqft of living area, built in 1890.
How long has 162 Washington St, Lynn MA 01902 been on the market?
162 Washington St, Lynn MA 01902 has been listed for 4 days (since July 7, 2026).
What is the price per unit?
At a list price of $1,199,000 across 3 units, that works out to roughly $399,667 per unit.
What are the property taxes on 162 Washington St, Lynn MA 01902?
Annual property taxes are $9,659 (2025), on an assessed value of $932,300.
What is the price per square foot?
At $1,199,000 for 4,088 sqft, that's about $293 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street, paved).
Where is this property located?
162 Washington St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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