
44 Estes Street Portfolio Lynn — Photo 1 of 34
$13,299,000
44 Estes Street Portfolio, Lynn, MA 01902
Lynn, MA 01902
Beds
64
Baths
62
SqFt
42,486
Style
5+ Family - 5+ Units Up/Down
Built
1926
Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.
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
Geography
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: Daniel Alper
Listing Office: Boston Realty Advisors
MLS® Number: 73549418
Browse More Homes in Lynn
Explore other active listings in the area.
- No Image$585,000223 Linwood StLynn, MA3 bd2 ba1,924 sqft
- No Image$825,000431 BroadwayLynn, MA5 bd2 ba2,574 sqft
- No Image$959,999427 BroadwayLynn, MA7 bd4 ba3,755 sqft
$499,00018 Melvin AveLynn, MA2 bd1 ba941 sqft- No Image$499,00010 Windsor AveLynn, MA3 bd2 ba1,127 sqft
$640,0005 Clarner RdLynn, MA3 bd2 ba1,604 sqft


