Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend their portfolio, so do not miss out on this one.
| Units | 2 |
| Living area | 2,388 sqft |
| Lot size | 2,566 sqft |
| Year built | 1880 |
| Price / sqft | $335 |
| County | Essex |
| MLS # | 73385270 |
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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 2-unit multi-family property with 2,388 sqft of living area, built in 1880.
At a list price of $799,900 across 2 units, that works out to roughly $399,950 per unit.
At $799,900 for 2,388 sqft, that's about $335 per square foot.
42 Valley 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.