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INVESTMENT SNAPSHOT
About this property
Incredible investment opportunity! Option to be sold as a package for $1,600,000 with MLS #73493206 and #73492307 or purchased separately. Well-maintained 2-family property in a prime Lynn location—ideal for investors or owner-occupants. Each unit features 2 bedrooms, 1 full bath, hardwood flooring throughout, and a functional layout with bright, inviting living spaces. Enclosed porches add additional charm and flexibility. Off-street parking adds to the overall appeal and ease of living. Ideally located near shops, restaurants, public transportation, and everyday amenities, this property offers both strong rental potential and lifestyle appeal. Property will be delivered vacant, providing immediate flexibility for occupancy or market rents. A fantastic opportunity for income generation or multi-generational living.
Property details
| Units | 2 |
| Living area | 1,392 sqft |
| Lot size | 4,552 sqft |
| Year built | 1900 |
| Price / sqft | $489 |
| County | Essex |
| MLS # | 73492307 |
Listing status
| Days on market | 52 days |
| Listed on | March 26, 2026 |
Taxes & financials
| Annual property tax | $5,982 |
| Tax year | 2025 |
| Assessed value | $577,383 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 2 |
| Total rooms | 8 |
| Lot size | 0.1 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood |
Utilities & systems
| Heating | Steam |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of Serhant — Karshis & Co.. 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 74 Myrtle St, Lynn MA 01905 have?
It is a 2-unit multi-family property with 1,392 sqft of living area, built in 1900.
How long has 74 Myrtle St, Lynn MA 01905 been on the market?
74 Myrtle St, Lynn MA 01905 has been listed for 52 days (since March 26, 2026).
What is the estimated cap rate on this 2-family in Lynn?
Based on area median rents, the estimated cap rate is about 5.3%, with a Signal Score of 89/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $680,000 across 2 units, that works out to roughly $340,000 per unit.
What are the property taxes on 74 Myrtle St, Lynn MA 01905?
Annual property taxes are $5,982 (2025), on an assessed value of $577,383.
What is the price per square foot?
At $680,000 for 1,392 sqft, that's about $489 per square foot.
Is there parking?
5 total parking spaces (paved drive).
Where is this property located?
74 Myrtle St, Lynn MA 01905 is in Lynn, Essex County, MA 01905.
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