44 Estes Street Portfolio, Lynn, MA 01902
44 Estes Street Portfolio, Lynn, MA 01902
44 Estes Street Portfolio, Lynn, MA 01902
44 Estes Street Portfolio, Lynn, MA 01902
44 Estes Street Portfolio, Lynn, MA 01902
44 Estes Street Portfolio, Lynn, MA 01902
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Debi Savard

Debi Savard

+1(508) 277-6616
$ 13,299,000
Est. payment | /mo

64 Beds

62 Baths

42,486 SqFt

Save
$ 13,299,000
Est. payment | /mo
Save

64 Beds

62 Baths

42,486 SqFt

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 42,486 sqft

Price per Sqft $313

MLS Listing ID 73549418

Bedrooms 64

Full Baths 62

Year Built 1926

Annual Tax Amount $9

Tax Year 2026

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.

Location

State MA

County Essex

Zoning 9

Direction Broad St -> Estes Street

Rooms

Basement Full

Exterior

Exterior Feature Other

Waterfront Description Bay,Walk to,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Rubber,Other

Total Parking Spaces 15

Garage No

Building

Lot Description Other

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Boston Realty Advisors

Schools and Properties Nearby

Debi Savard

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(508) 277-6616

mysouthcoasthome@gmail.com

Learn More About LPT Realty

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44 Estes Street Portfolio