
13 Fremont Place Lynn — Photo 1 of 35
$564,900
Investment Analysis — 13 Fremont Place
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 4.04% cap rate and $22,802/yr in estimated NOI at the $564,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,274
Style
Single Family
Built
1890
Welcome to 13 Fremont Place, where space, privacy and versatility come together! Filled with abundant natural sunlight, this inviting 3-bedroom, 2-bath home offers approximately 1,274 sq. ft. of comfortable living space and a host of desirable updates.Updated windows bring natural light throughout the home, while the fully applianced kitchen is ready for everyday living and entertaining. A newer roof and hot water heater add to the home's appeal and provide valuable updates for the next owner. Bring your ideas and personal touches to make this home truly your own!A true highlight is the generously sized approximately 0.19-acre lot, offering exceptional outdoor space for the neighborhood. Step onto the back deck overlooking a private backyard with plenty of room for relaxing, entertaining, gardening and summer cookouts.The detached garage/workshop is another standout feature, providing valuable space for hobbies, projects, storage or a dedicated workspace. Plenty of off-street parking adds even more convenience.Ideally located near shopping, dining, public transportation and major routes, 13 Fremont Place delivers a hard-to-find combination of a generously sized lot, private outdoor space, detached garage/workshop, ample parking and important updates. Bring your vision, add your finishing touches and create a home that's uniquely yours. Come discover the possibilities!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 637 sq ft (the lesser of 900 sq ft or half the 1,274 sq ft principal dwelling). Lot size: 7,662 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Richard Navarro
Listing Office: Citylight Homes LLC
MLS® Number: 73575391
