
2 Peirce Rd Lynn — Photo 1 of 42
Recent Drop: $124,900
$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
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • House of Worship • Marina • Public School
Geography
Property History
$1,175,000
Was $1,200,000
Sep 5, 2026
MLS® 73524847
$1,200,000
Was $1,299,900
Jul 19, 2026
MLS® 73524847
$1,299,900
May 27, 2026
MLS® 73524847
$1,199,999
Dec 15, 2025
MLS® 73336103
$1,199,999
Feb 18, 2025
MLS® 73336103
$1,329,900
Nov 1, 2024
MLS® 73280725
$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 Agent: Sean K Connelly
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73524847
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