15 Hanover St, Lynn, MA 01902
Essex County
Key Facts
Description
Cash Flow Opportunity – Space, Location & Strong Potential! Welcome to 15 Hanover St, Lynn — a rare 9+ bedroom income-producing property featuring a newer roof, newer porches, and expansive off-street parking. Conveniently located just 15 minutes to Boston, 10 minutes to Revere Beach, a short distance to the commuter rail and public transportation, and surrounded by shops, restaurants, and everyday conveniences. Offering excellent rental appeal, major exterior updates, and a prime commuter-friendly location — this is an investment opportunity buyers won’t want to miss. casa grande con un potential gigantesco recipe was $4,000 de rent casa de oportunidad!!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1860
Stories
3
Living Area
2,452 sq ft
Lot Size
0.16 acres
Parking Spaces
8
Zoning
R5
MLS® Listing#
73551062
Property Features
Appliances
Heating
Flooring
Basement
Parking
Foundation
Roof
Windows
Sewer
Water Source
Financial Details
Annual Taxes
$6,650
Tax year 2025
Assessed Value
$641,874
Parcel Number
2005553
Directions
Franklin Street to Hanover Street
Affordability Calculator
$177,595
Estimated monthly payment
$4,726/mo
Principal $710,382 · Est. interest $991,046 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 42% above the area median.
- Its price per sq ft is 4% 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
Fecteau-Leary Junior/Senior High School
Secondary · 0.0 mi away
Cobbet Elementary
Elementary · 0.1 mi away
Connery Annex
School · 0.1 mi away
Washington Elementary School
Elementary · 0.2 mi away
St. Mary's Lynn
Secondary · 0.3 mi away
St Mary's Regional High School
Secondary · 0.3 mi away
Lynn Vocational Technical Institute
School · 0.3 mi away
Lynn Alternative High School
Secondary · 0.4 mi away
Kipp Academy Lynn Charter School
School · 0.4 mi away
Connery Elementary School
Elementary · 0.4 mi away
L P S Environmental School
School · 0.5 mi away
Tracy
Elementary · 0.6 mi away
Robert L Ford School
Elementary · 0.6 mi away
Lynn Public Schools
School · 0.7 mi away
Drewicz Elementary School
Elementary · 0.7 mi away
Operation Bootstrap
School · 0.8 mi away
Fallon Elementary School
Elementary · 0.8 mi away
Harrington Elementary School
Elementary · 0.8 mi away
Sewell Anderson Elementary School
Elementary · 0.9 mi away
Sacred Heart School
School · 0.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
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 |
| 56 Orchard St, Lynn, MA | $989,000 | 8 | 3 | 3,304 |
| 32 Morris Street, Lynn, MA | $989,900 | 9 | 3 | 3,456 |
| 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: Century 21 North East - 9782080449
Presented by: Fermin Group