Active
72 Days on market
56 Orchard St Lynn — Photo 1 of 12

56 Orchard St Lynn — Photo 1 of 12

Recent Drop: $20,000

$989,000
$969,000

$969,000

56 Orchard St, Lynn, MA 01905

Lynn, MA 01905 — West Lynn

Beds

8

Baths

3

SqFt

3,304

Style

3 Family - 3 Units Up/Down

Built

1910

Exceptional three-family opportunity for investors or owner-occupants! This well-maintained property features two spacious three-bedroom units and one two-bedroom unit, separate utilities, three gas heating systems, low-maintenance vinyl siding, and off-street parking for four vehicles. A turnkey investment with strong income potential or the perfect opportunity to live in one unit while collecting rental income from the others.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$293/sqft
Local Avg (Lynn)$319/sqft
8% BelowMarket Average

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

Property Details

Financials

Original Price$989,000
Annual Taxes$7,987

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms14
FireplacesNone
FlooringHardwood
BasementFull, Walk-Out Access, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR4

Property & Lot

Acres0.07
SqFt Lot3,149
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Private School • Public School

Geography

Property History

Price Drop
$969,000

Was $989,000

Jul 31, 2026

MLS® 73543356

Listed
$989,000

Jun 30, 2026

MLS® 73543356

Population

28,221

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

Median Household Income

$84K

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

Renter-Occupied Homes

48.3%

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: Eugene L. Clements

Listing Office: Clements Realty Group

MLS® Number: 73543356

Browse More Homes in Lynn

Explore other active listings in the area.