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INVESTMENT SNAPSHOT
About this property
Exceptional income-producing two-family opportunity featuring two fully detached residences on one conveniently located lot. With separate utilities and six off-street parking spaces, this versatile property offers an appealing option for investors, owner-occupants, or buyers exploring a potential condominium conversion. The rear residence is a brand-new 2026 construction, never before occupied, featuring an open kitchen and living area, three bedrooms, one full bathroom, and efficient mini-split heating and central air conditioning. The front residence is currently leased on a tenancy-at-will basis, providing immediate rental income. This spacious home offers three to four bedrooms, two full bathrooms, a kitchen, living room, and a finished basement family room. Live in one residence while collecting rent from the other, add a strong multi-family asset to your portfolio, or explore future conversion possibilities. Two detached buildings, immediate income, modern new construction, separate utilities, and ample parking make this a rare and flexible investment opportunity.
Property details
| Units | 2 |
| Living area | 2,870 sqft |
| Lot size | 6,686 sqft |
| Year built | 1985 |
| Price / sqft | $383 |
| County | Essex |
| MLS # | 73576708 |
Listing status
| Days on market | 0 days |
| Listed on | September 14, 2026 |
Taxes & financials
| Annual property tax | $5,820 |
| Tax year | 2026 |
| Assessed value | $565,000 |
| Zoning | R3 |
| Gross income (actual) | $0/yr |
| Net operating income (actual) | $0/yr |
| Total actual rent | $2,750/mo |
Building & lot
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.15 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Off Street, Paved |
| Basement | Full, Partially Finished, Walk-Out Access |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Flooring | Wood, Vinyl, Hardwood |
Utilities & systems
| Heating | Baseboard, Natural Gas, Central, Ductless |
| Cooling | Window Unit(s), Central Air, Ductless |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric 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 79 Johnson St, Lynn MA 01902 have?
It is a 2-unit multi-family property with 2,870 sqft of living area, built in 1985.
How long has 79 Johnson St, Lynn MA 01902 been on the market?
79 Johnson St, Lynn MA 01902 has been listed for 0 days (since September 14, 2026).
What is the price per unit?
At a list price of $1,100,000 across 2 units, that works out to roughly $550,000 per unit.
What are the property taxes on 79 Johnson St, Lynn MA 01902?
Annual property taxes are $5,820 (2026), on an assessed value of $565,000.
What is the price per square foot?
At $1,100,000 for 2,870 sqft, that's about $383 per square foot.
Is there parking?
6 total parking spaces (off street, paved).
Where is this property located?
79 Johnson St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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