17 Alice Ave Lynn — Photo 1 of 36
$749,900
Investment Analysis — 17 Alice 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 $5,240/mo in gross rent — about a 5.48% cap rate and $41,089/yr in estimated NOI at the $749,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,176
Style
Multi Family
Built
1900
Rare fully renovated 2 family property with a large 3BR townhouse upstairs and four room 1BR unit downstairs, both in move-in condition. Perfect for someone looking to live in a huge 3BR unit and get income from the 1BR unit downstairs. Tons of storage in both units and the basement. 2 newer gas furnaces, updated kitchens and baths, separate utilities, 8+ off-street parking spaces, laundry in the basement and a large yard with a shed. Maintenance-free vinyl siding, brand-new roof installed at the end of 2025 and all of this within a 2-minute walk to bus line to Boston.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Disposal • Refrigerator • Range Hood
Neighborhood
Public Transportation
Geography
Listing Agent: Gene Zhitomirsky
Listing Office: Core Real Estate
MLS® Number: 73555147
