32 Morris Street, Lynn, MA 01905
Essex County
Key Facts
Description
Best deal in Lynn! Outstanding investment or owner-occupant opportunity in a highly desirable West Lynn location. Situated on a quiet side street with ample off-street parking, this well-maintained three-family property offers three spacious units, each currently configured with five rooms and three bedrooms. The first-floor unit will be delivered vacant, providing an excellent opportunity for an owner-occupant or investor to renovate and potentially reconfigure the space into a four-bedroom unit for added value and increased rental income. Each apartment is separately metered and features gas heat. Additional highlights include letters of de-leaded compliance, low-maintenance vinyl siding, and a rubber roof. A rare opportunity to expand your portfolio or occupy one unit while collecting rental income from the others in one of Lynn’s most desirable neighborhoods.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1923
Stories
3
Living Area
3,456 sq ft
Lot Size
0.07 acres
Parking Spaces
4
Zoning
R3
Days on Market
29
MLS® Listing#
73536399
Property Features
Exterior
Appliances
Heating
Basement
Parking
Patio
Construction
Foundation
Roof
Windows
Community
Sewer
Water Source
Financial Details
Annual Taxes
$8,400
Tax year 2025
Assessed Value
$815,500
Parcel Number
1993683
Directions
Western Avenue to Morris Street
Affordability Calculator
$197,980
Estimated monthly payment
$5,269/mo
Principal $791,920 · Est. interest $1,104,799 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lynn, MA
- $624,390
- Median Listing Price
- 37
- Median Days on Market
- 1,519
- Median Sq Ft
- $377
- Median Price / Sq Ft
- 150
- Active Listings
- This home’s price is 59% above the area median.
- Its price per sq ft is 24% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lynn, MA.
Location
Points of Interest in Lynn, MA
Showing the Lynn area map.
Nearby Schools
Drewicz Elementary School
Elementary · 0.2 mi away
Sacred Heart School
School · 0.4 mi away
Meryeme's Daycare
School · 0.4 mi away
Lynn Public Schools
School · 0.5 mi away
Connery Elementary School
Elementary · 0.5 mi away
Lincoln-Thomson Elementary School
Elementary · 0.7 mi away
Fallon Elementary School
Elementary · 0.7 mi away
Lynn Classical High School
Secondary · 0.8 mi away
Tracy
Elementary · 0.8 mi away
Julia F Callahan School
Elementary · 0.9 mi away
Connery Annex
School · 0.9 mi away
Lynn Vocational Technical Institute
School · 0.9 mi away
Washington Elementary School
Elementary · 1.0 mi away
Ballard School
School · 1.0 mi away
Fecteau-Leary Junior/Senior High School
Secondary · 1.0 mi away
Cobbet Elementary
Elementary · 1.0 mi away
Breed Middle School
Secondary · 1.0 mi away
Sewell Anderson Elementary School
Elementary · 1.1 mi away
Lynn Alternative High School
Secondary · 1.1 mi away
St. Mary's Lynn
Secondary · 1.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 76 High Rock St, Lynn, MA | $849,900 | 8 | 3 | 2,465 |
| 15 Hanover St, Lynn, MA | $887,977 | 9 | 2 | 2,452 |
| 56 Orchard St, Lynn, MA | $989,000 | 8 | 3 | 3,304 |
| 73 Woodman Street, Lynn, MA | $999,000 | 9 | 3 | 3,594 |
| 121 N Common, Lynn, MA | $999,000 | 13 | 6 | 4,982 |
| 17-19 Acorn St, Lynn, MA | $1,099,986 | 8 | 4 | 2,760 |
Moving Cost Estimate
EXIT Agents in Lynn
Listing Courtesy: Clements Realty Group - 7815959600
Presented by: Eugene L. Clements