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Active

71 Harwood St

Lynn, MA 01902

$3,300,000
12Bedrooms
12Bathrooms
10,224Square feet
1905Year built

Residential Income · Active · MLS #73561330
Listing Courtesy of Lamacchia Realty, Inc. | Katy Loucks

MLS PIN data

About this home

Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.

Property information

Details at a glance

Interior

Rooms
36
Flooring
Wood, Tile, Vinyl

Building

Style
5+ Family - 5+ Units Up/Down
Year built
1905
Parking
6
Foundation
Stone
Roof
Rubber

Land & utilities

Lot size
0.18 acres
Water
Public
Sewer
Public Sewer
Zoning
R4

Financial

Annual taxes
$24,526
Assessment year
2025

Listing history

Price and status timeline

  1. Exp

    $2,200 · May 12, 2026

  2. Lsd

    $2,100 · Sold $2,100 · May 12, 2026

  3. Exp

    $1,900 · May 16, 2025

  4. Lsd

    $1,900 · Sold $1,900 · Nov 22, 2024

Property value estimate

An informed starting point

Estimated value$3,083,952

Estimated range $2,631,595$3,536,308

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Lynn

MetricThis propertyLynn
List price$3,300,000$1,125,000193% above local
Price / sq ft$323$3191% above local
Days on market244951% below local
Explore homes in Lynn

Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Bean Group guidance

Useful next steps

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Common questions

About 71 Harwood St

Can I schedule a private showing?

Yes. Request a tour of 71 Harwood St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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