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INVESTMENT SNAPSHOT
About this property
LYNN/SWAMPSCOTT LINE MULTI-FAMILY HOME! New to the market sits this Conventional 2-Family Home with 10 rooms, 4 bedrooms, 3 baths, 2,440 approximate living area and 4,408 sq ft of land. Each unit consists of 5 rooms, living room, dining room, eat-in-kitchen, 2 bedrooms, 1 full bath and hardwood floors. Recent updates include fully insulated, newer heating system, and asphalt roof 3+ years old. There is an unfinished walk-up attic for potential additional living space. The basement is partial finished with a full bath, and plenty of storage. There is a fenced yard plus 3+ car driveway parking. Walk to the beach and Lynn Shore Drive and close to Swampscott Train Station. Great opportunity lies here to invest or owner occupied in this multi-family home. Property to be sold in "as is condition" and does not qualify for FHA financing.
Property details
| Units | 2 |
| Living area | 2,440 sqft |
| Lot size | 4,408 sqft |
| Year built | 1910 |
| Price / sqft | $327 |
| County | Essex |
| MLS # | 73526142 |
Listing status
| Days on market | 6 days |
| Listed on | May 28, 2026 |
Taxes & financials
| Annual property tax | $8,609 |
| Tax year | 2025 |
| Assessed value | $830,981 |
| Zoning | R1 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 2 |
| Total rooms | 10 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Partially Finished |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood |
Utilities & systems
| Heating | Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator |
Location
More about investing in Lynn →
Listing courtesy of Connor Real Estate — Michael Connor. 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 191 Eastern Ave, Lynn MA 01902 have?
It is a 2-unit multi-family property with 2,440 sqft of living area, built in 1910.
How long has 191 Eastern Ave, Lynn MA 01902 been on the market?
191 Eastern Ave, Lynn MA 01902 has been listed for 6 days (since May 28, 2026).
What is the estimated cap rate on this 2-family in Lynn?
Based on area median rents, the estimated cap rate is about 4.5%, with a Signal Score of 79/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $799,000 across 2 units, that works out to roughly $399,500 per unit.
What are the property taxes on 191 Eastern Ave, Lynn MA 01902?
Annual property taxes are $8,609 (2025), on an assessed value of $830,981.
What is the price per square foot?
At $799,000 for 2,440 sqft, that's about $327 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street, paved).
Where is this property located?
191 Eastern Ave, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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