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You are here:
Home Lynn Multi-Family Homes for Sale

453-455 Summer St Lynn, MA 01905

$1,549,000
5 Unit
6 Beds
6 Baths
3988 SQFT
0.17 Acre
453-455 Summer St
Lynn, MA 01905

Property Description

Prime Multi-Unit Investment Opportunity in Lynn, MA – This well-maintained multi-family property is perfect for serious investors seeking a high-performing asset. Featuring spacious units with modern updates, hardwood floors, and abundant natural light, this property offers strong rental income potential. Updated kitchens and bathrooms, a basement with separate utilities, and a large backyard add to its appeal. Located in a high-demand rental market near public transportation, shopping, and schools, this is an excellent opportunity for investors looking to expand their portfolio.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 11
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Highway Access, Laundromat, Medical Facility, Public School, Public Transportation, Shopping
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Upgraded Cabinets
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 45600
  • Net Operating Income: 45600

Utilities

  • Cooling Zones: 1
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1903
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73341648
  • Last Updated: 03/10/25
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
03/09/2025Active$1,549,000$388MLSPIN
03/05/2025New$1,549,000$388MLSPIN

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Map & Resources

Wm. P. Connery Elementary School

Public Elementary School, Grades: PK-5

0.18mi

William P Connery School

School

0.18mi

A. Drewicz Elementary School

Public Elementary School, Grades: PK-5

0.23mi

Saint Patricks School

School

0.38mi

Juan Parrilla Bar & Grill

Bar

0.25mi

Cafe Bayon

Asian Restaurant

0.28mi

Super Seven Subs & Pizza

Sandwich Restaurant

0.3mi

La Fonda De Don Juan

Restaurant

0.37mi

Cafe El Molino

Restaurant

0.41mi

Lynn Fire Department

Fire Station

0.29mi

Warren St. Playground

Municipal Park

0.24mi

Lynn Common

Municipal Park

0.27mi

Neptune Boulevard Playground

Municipal Park

0.32mi

Barry Park

Park

0.43mi

General Electric Athletic Association Field

Municipal Park

0.43mi

Bennett Street Playground

Playground

0.26mi

Filenes Playground

Playground

0.42mi

River Works Credit Union

Bank

0.42mi

Liling's Beauty Salon

Beauty

0.21mi

Anny's Hair Designs

Hairdresser

0.29mi

The SALON by InStyle

Hairdresser

0.38mi

Nora Dube DDS

Dentist

0.31mi

D. & T. Convenience Store

Convenience

0.17mi

Soriya Market

Convenience

0.26mi

Linden Market

Convenience

0.41mi

Mekong Market

Supermarket

0.23mi

Market Basket

Supermarket

0.28mi

La Familia Market

Supermarket

0.38mi

Western Ave @ Walden St

424
426
441
442
450
455

0.16mi

760 Western Ave

424
426
441
442
450
455

0.17mi

Western Ave @ Breed Square

424
426
436
442
450
455

0.19mi

743 Western Ave

424
426
436
442
450
455

0.2mi

Market Square @ Western Ave

426
441
442
455

0.22mi

Western Ave @ Summer St

424
426
441
442
450
455

0.23mi

Market Square @ Western Ave

426
436
442
455

0.24mi

Western Ave @ Market Square

424
450

0.25mi

Seller's Representative: Treetop Group, Keller Williams Realty
MLS ID#: 73341648

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-03-10 13:11:00

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