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INVESTMENT SNAPSHOT
About this property
Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.
Property details
| Units | 6 |
| Living area | 4,230 sqft |
| Lot size | 4,230 sqft |
| Year built | 1900 |
| Price / sqft | $426 |
| County | Essex |
| MLS # | 73535795 |
Listing status
| Days on market | 45 days |
| Listed on | June 19, 2026 |
Taxes & financials
| Annual property tax | $15,914 |
| Tax year | 2025 |
| Assessed value | $154,200 |
| Zoning | R2 |
| Gross income (actual) | $223,740/yr |
| Net operating income (actual) | $134,857/yr |
| Total actual rent | $18,645/mo |
| Electric expense | $1,265/yr |
Building & lot
| Stories | 5 |
| Total rooms | 30 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Interior Entry, Concrete |
| Foundation | Stone |
| Roof | Rubber |
| Flooring | Laminate, Hardwood |
Utilities & systems
| Heating | Steam |
| Sewer | Public Sewer |
| Water | Public |
| 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 43 Highrock Street, Lynn MA 01902 have?
It is a 6-unit multi-family property with 4,230 sqft of living area, built in 1900.
How long has 43 Highrock Street, Lynn MA 01902 been on the market?
43 Highrock Street, Lynn MA 01902 has been listed for 45 days (since June 19, 2026).
What is the price per unit?
At a list price of $1,800,000 across 6 units, that works out to roughly $300,000 per unit.
What are the property taxes on 43 Highrock Street, Lynn MA 01902?
Annual property taxes are $15,914 (2025), on an assessed value of $154,200.
What is the price per square foot?
At $1,800,000 for 4,230 sqft, that's about $426 per square foot.
Where is this property located?
43 Highrock Street, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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