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INVESTMENT SNAPSHOT
About this property
Exceptional opportunity to own a well-maintained three-family in Lynn's highly desirable Diamond District, less than one-half mile from the beach. This spacious property offers over 4,400 square feet of living space with three large apartments featuring high ceilings, original character, and functional layouts. The first and second floor units each offer 3 bedrooms, while the third floor features a 4-bedroom apartment with an additional office/den. Additional highlights include two off-street parking spaces, private porches and decks, and a basement with two additional rooms and a full bath, offering excellent flexible space. The property also includes enclosed storage areas, adding valuable utility for owners and tenants alike. A rare opportunity to own a substantial multifamily property in one of Lynn's most sought-after neighborhoods with convenient access to beaches, restaurants, public transportation, and commuter routes. Lead compliance certificates are available for all 3 units.
Property details
| Units | 3 |
| Living area | 4,432 sqft |
| Lot size | 3,202 sqft |
| Year built | 1910 |
| Price / sqft | $214 |
| County | Essex |
| MLS # | 73556663 |
Listing status
| Days on market | 0 days |
| Listed on | August 19, 2026 |
Taxes & financials
| Annual property tax | $10,388 |
| Tax year | 2025 |
| Assessed value | $1,002,700 |
| Zoning | R1 |
| Gross income (actual) | $78,600/yr |
| Net operating income (actual) | $60,839/yr |
| Total actual rent | $6,550/mo |
| Electric expense | $600/yr |
| Insurance expense | $6,361/yr |
Building & lot
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street |
| Basement | Full |
| Foundation | Stone, Brick/Mortar |
| Roof | Shingle |
| Flooring | Wood, Tile, Vinyl |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
| Appliances | Range, 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 2 Mace Pl, Lynn MA 01902 have?
It is a 3-unit multi-family property with 4,432 sqft of living area, built in 1910.
How long has 2 Mace Pl, Lynn MA 01902 been on the market?
2 Mace Pl, Lynn MA 01902 has been listed for 0 days (since August 19, 2026).
What is the price per unit?
At a list price of $950,000 across 3 units, that works out to roughly $316,667 per unit.
What are the property taxes on 2 Mace Pl, Lynn MA 01902?
Annual property taxes are $10,388 (2025), on an assessed value of $1,002,700.
What is the price per square foot?
At $950,000 for 4,432 sqft, that's about $214 per square foot.
Is there parking?
2 total parking spaces (paved drive, off street).
Where is this property located?
2 Mace Pl, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
