Active Under Contract
18 Days on market
11 Brownville Ave Lynn — Photo 1 of 7

11 Brownville Ave Lynn — Photo 1 of 7

$550,000

Investment Analysis — 11 Brownville Ave

Lynn, MA 01902

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01902 carries an estimated $6,160/mo in gross rent — about a 8.96% cap rate and $49,260/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

2

SqFt

2,333

Style

Multi Family

Built

1900

Investors and visionaries take notice! Imagine the possibilities this spacious 2-family in Lynn, MA offers—located in the thriving downtown area, it’s the kind of property where some sweat equity can bring big dreams to life. The first-floor apartment features 3 bedrooms and 1 bath, while the second unit is a multi-level, 2-story layout offering 3–5 bedrooms and 1 bath. Whether you’re looking to renovate and live in one unit while renting the other, or you’re an investor aiming to maximize the benefits of owning a multi-family, this is an opportunity you won’t want to miss.Perfectly positioned just minutes from the Lynn coastal waterfront, local beaches, downtown dining, public transit, and the MBTA Commuter Rail, this home delivers fantastic coastal-area convenience with a straightforward commute into Boston. Property will not qualify for conventional financing. Cash or rehab loans only

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$550,000
Annual Taxes$6,919

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms12
FireplacesNone
Flooring--
BasementFull, Interior Entry, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningB

Property & Lot

Acres0.06
SqFt Lot2,457
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • T-Station

Geography

Property History

Listed
$550,000

Aug 25, 2026

MLS® 73567730

Sold
$92,625

Apr 28, 2011

MLS® 71127714

Listed
$95,400

Aug 24, 2010

MLS® 71127714

Listing Provided By

Listing Agent: Team Rovi

Listing Office: Real Broker MA, LLC

MLS® Number: 73567730