Active
77 Days on market
204 Eastern Avenue Lynn — Photo 1 of 42

204 Eastern Avenue Lynn — Photo 1 of 42

Recent Drop: $50,000

$1,399,999
$1,349,999

$1,349,999

204 Eastern Avenue, Lynn, MA 01902

Lynn, MA 01902

Beds

7

Baths

5

SqFt

3,567

Style

3 Family

Built

1880

Exceptional Turnkey Multi-Family Opportunity on the Lynn/Swampscott Line! This fully renovated legal 3-family property offers outstanding flexibility for investors or owner-occupants. Featuring 7 bedrooms & 5 full baths, the home includes beautifully updated units with bright living spaces, eat-in kitchens, white cabinetry, quartz countertops, stainless steel appliances, and stylish modern finishes throughout. Bathrooms showcase today's sought-after design with oversized showers & elegant gray-and-white décor. The finished attic provides additional living space with a bedroom, flex room, full bath, and kitchenette. Enjoy five maintenance-free composite decks, a fenced yard, updated windows, newly redone walkways, & low-maintenance vinyl siding w/stone accents. Ample parking includes a 2-car garage plus additional off-street spaces for up to 5 vehicles. Conveniently located near shopping, restaurants, beaches, & the Swampscott Commuter Rail. A rare move-in-ready investment opportunity.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$378/sqft
Local Avg (Lynn)$305/sqft
24% AboveMarket Average

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

Property Details

Financials

Original Price$1,399,999
Annual Taxes$828,800

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms18
FireplacesNone
FlooringHardwood
BasementFull

Climate & Utilities

HeatingSteam, Oil, Electric, Hot Water, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningResidental

Property & Lot

Acres0.12
SqFt Lot5,327
Lot FeaturesCleared

Amenities & Appliances

Washer • Dryer • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Highway Access

Geography

Property History

Price Drop
$1,349,999

Was $1,399,999

Aug 31, 2026

MLS® 73541580

Listed
$1,399,999

Jun 25, 2026

MLS® 73541580

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: Nikki Martin Team

Listing Office: Compass

MLS® Number: 73541580

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