2 Mace Pl Lynn — Photo 1 of 22
Recent Drop: $150,000
$950,000
Investment Analysis — 2 Mace Pl
Lynn, MA 01902
Based on rent reported on the MLS listing, a 3-unit multi-family in 01902 carries $6,550/mo in gross rent — about a 5.19% cap rate and $49,348/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.
Beds
10
Baths
3
SqFt
4,432
Style
3 Family
Built
1910
Exceptional opportunity to own a well-maintained three-family in Lynn's highly desirable Diamond District, less than one-half mile from the beach. This spacious property offers over 4,400 square feet of living space with three large apartments featuring high ceilings, original character, and functional layouts. The first and second floor units each offer 3 bedrooms, while the third floor features a 4-bedroom apartment with an additional office/den. Additional highlights include two off-street parking spaces, private porches and decks, and a basement with two additional rooms and a full bath, offering excellent flexible space. The property also includes enclosed storage areas, adding valuable utility for owners and tenants alike. A rare opportunity to own a substantial multifamily property in one of Lynn's most sought-after neighborhoods with convenient access to beaches, restaurants, public transportation, and commuter routes. Lead compliance certificates are available for all 3 units.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property History
$950,000
Was $1,100,000
Aug 25, 2026
MLS® 73556663
$1,100,000
Aug 19, 2026
MLS® 73556663
Listing Agent: Dalbon & Company
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73556663
