
43 Highrock Street Lynn — Photo 1 of 21
Recent Drop: $200,000
$1,700,000
43 Highrock Street, Lynn, MA 01902
Lynn, MA 01902
Beds
18
Baths
6
SqFt
4,230
Style
5-9 Family
Built
1900
Attention investors! Don’t miss this exceptional opportunity to acquire a well-maintained six-unit apartment building featuring spacious three-bedroom units throughout, a strong established rent roll, and an attractive 7.1% cap rate. Three of the units have recently undergone extensive renovations, including brand-new bathrooms, refinished hardwood floors, fresh paint, and numerous additional updates, providing immediate value and future rental growth potential. All units have Letters of Deleading Compliance, offering added value and peace of mind. The property has been professionally maintained and features a heating system that is only 3 years old. This turnkey investment offers a desirable unit mix that continues to attract strong tenant demand and is an excellent opportunity for investors seeking a stable, income-producing asset with significant recent capital improvements and long-term upside potential.
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 • Refrigerator
Neighborhood
Public Transportation • Shopping • Laundromat • Private School • Public School
Geography
Property History
$1,700,000
Was $1,800,000
Aug 20, 2026
MLS® 73535795
$1,800,000
Was $1,900,000
Aug 3, 2026
MLS® 73535795
$1,900,000
Jun 19, 2026
MLS® 73535795
$1,700,000
Jun 19, 2026
MLS® 73538789
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: Eugene L. Clements
Listing Office: Clements Realty Group
MLS® Number: 73535795
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