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3 Days on market
122-124 Beacon Hill Ave #1 Lynn — Photo 1 of 29

122-124 Beacon Hill Ave #1 Lynn — Photo 1 of 29

$429,900

Investment Analysis — 122-124 Beacon Hill Ave #1

Lynn, MA 01902

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 5.18% cap rate and $22,285/yr in estimated NOI at the $429,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,179

Style

Condominium

Built

1900

Welcome to a home where space, comfort, and convenience come together in this bright and spacious three bedroom condominium. Featuring an inviting open layout, the home offers a comfortable flow between the living, dining, and kitchen areas, creating an ideal setting for both everyday living and entertaining. The updated kitchen with newer appliances adds a modern touch, while hardwood floors run throughout much of the home, providing warmth and character. Convenience is built right in with private laundry, central A/C, ample storage, and numerous updates throughout. The versatile basement space for this unit provides a large private storage area and a dedicated laundry area, giving you the flexibility and functionality that is hard to find. Deeded parking adds another valuable amenity to this exceptional property, with plenty of off street parking available as well. The location is a major highlight. Enjoy easy access to Lynn's vibrant and increasingly popular downtown, with an diverse mix of restaurants, cafés, local businesses, cultural destinations, and community events. Commuters will appreciate the proximity to the Lynn MBTA Commuter Rail station, providing convenient access toward Boston and the North Shore. For those who love the outdoors, you're just minutes from Lynn's beautiful coastline, including Lynn Shore Reservation and Nahant Beach, where miles of shoreline, enjoyable paths, swimming, and scenic ocean views are all close to home. Nature enthusiasts can also take advantage of the expansive Lynn Woods Reservation, featuring approximately 2,200 acres and more than 30 miles of trails and exploring. With its spacious layout, desirable features, deeded parking, and a location that puts the commuter rail, beaches, parks, downtown amenities, and Boston-area conveniences within easy reach, 122-124 Beacon Hill Ave Unit 1 offers the best opportunity to enjoy everything Lynn has to offer. Come and see for yourself this highly desired home in a fantastic location.

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.

Open Houses

Property Details

Financials

Original Price$429,900
Annual Taxes$4,212
HOA Fee$132.68

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Public School

Geography

Floorplan Breakdown

Structural Layout

Main,First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl Main,First

13 x 13

Flooring - Hardwood, Flooring - Wood, Window(s) - Picture, Lighting - Overhead

Dining Room
Lvl Main,First

14 x 11

Flooring - Hardwood, Flooring - Wood, Open Floorplan, Recessed Lighting, Lighting - Overhead

Kitchen
Lvl Main,First

12 x 9

Flooring - Hardwood, Flooring - Wood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula

Master Bedroom
Lvl Main,First

13 x 11

Closet, Flooring - Hardwood, Flooring - Wood, Lighting - Overhead

Bedroom 2
Lvl Main,First

12 x 11

Bedroom 3
Lvl Main,First

9 x 12

Closet, Flooring - Hardwood, Flooring - Wood, Lighting - Overhead

Bathroom 1
Lvl Main,First

8 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled

Listing Provided By

Listing Agent: Rey Garcia

Listing Office: Compass

MLS® Number: 73573948