Active
106 Days on market
2 Peirce Rd Lynn — Photo 1 of 42

2 Peirce Rd Lynn — Photo 1 of 42

Recent Drop: $124,900

$1,299,900
$1,175,000

$1,175,000

2 Peirce Rd, Lynn, MA 01902

Lynn, MA 01902 — Diamond District

Beds

5

Baths

4.5

SqFt

3,064

Style

3 Family

Built

1920

NEW PRICE, NEW OPPORTUNITY in Lynn’s Diamond District! This LEGAL 3-family offers 3,064 sq ft of living space and a rare combination of coastal lifestyle, flexible living, and income potential. The impressive owner’s residence spans the 2nd and 3rd floors with 4 bedrooms, 2 renovated baths, a beautifully updated kitchen, soaring ceilings, hardwood floors, a 9x12 laundry room, and 2 private decks with ocean views. The 1st-floor residence features a renovated kitchen, 1 bedroom, 1.5 baths, high ceilings, period details, and a spacious front porch. The ground level offers a separate 2-room studio, providing additional flexibility and rental potential. A 1-car garage plus 5 off-street parking spaces adds even more value. Live in the expansive owner’s unit while rental income from the other two residences helps offset the cost of ownership. Just steps from Lynn Shore Drive Promenade, King’s Beach, Red Rock Park, and local restaurants, this is a unique opportunity to own a multi-family property near the ocean with space, income potential, and lifestyle all in one.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$383/sqft
Local Avg (Lynn)$368/sqft
4% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$1,299,900
Annual Taxes$11,463.9

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms12
Fireplaces1
FlooringTile, Hardwood, Stone/Ceramic Tile
BasementFull, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingElectric, Natural Gas
CoolingWindow Unit(s), Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationStone
ZoningR2

Property & Lot

Acres0.09
SqFt Lot3,781
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • House of Worship • Marina • Public School

Geography

Property History

Price Drop
$1,175,000

Was $1,200,000

Sep 5, 2026

MLS® 73524847

Price Drop
$1,200,000

Was $1,299,900

Jul 19, 2026

MLS® 73524847

Listed
$1,299,900

May 27, 2026

MLS® 73524847

Expired
$1,199,999

Dec 15, 2025

MLS® 73336103

Listed
$1,199,999

Feb 18, 2025

MLS® 73336103

Terminated
$1,329,900

Nov 1, 2024

MLS® 73280725

Listed
$1,329,900

Aug 22, 2024

MLS® 73280725

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Sean K Connelly

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73524847

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