Multi Family
79 Johnson St
Lynn, MA 1902 · MLS 73576708
$1,100,000
1 / 35
- Beds—
- Baths—
- Sq Ft2,870
- Year1985
- Style—
- $ / Sq Ft$383
- HOA—
- Taxes$5,820
- Parking6
- Lot6686.0
- MLS73576708
- StatusActive
About this home
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.
Location
More about Lynn
| Lynn Profile | Snapshot |
|---|---|
| Primary Vibe | Affordable coastal city with beaches, diverse community, and an emerging arts scene. Popular with buyers seeking relative value and water access. |
| Housing Prices | More approachable than many closer areas. Beachfront and transit-proximate properties command premiums. Multi-family homes offer rental potential. |
| Commute to Boston | Commuter rail provides access. Driving and bus options exist. Parking varies by location. |
| Schools | Served by Lynn Public Schools. Confirm assignments with the district. |
| Market | Demand supported by coastal location and pricing. Updated properties near the beach or rail attract interest. |
| Housing Styles | Multi-family homes, condominiums, and single-family properties. Condition varies. |
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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.

