Active
12 Days on market
22 Porter St Lynn — Photo 1 of 24

22 Porter St Lynn — Photo 1 of 24

$565,000

Investment Analysis — 22 Porter St

Lynn, MA 01902 — East Lynn

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 4.01% cap rate and $22,636/yr in estimated NOI at the $565,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,603

Style

Single Family

Built

1880

Picture pulling into a driveway with room for nine vehicles, work trucks, an RV, or all your gear with space to spare. Relax on the front porch as the evening winds down, or gather around a fire pit in the side yard with friends on a Saturday night. Step inside and soaring ceilings, rich hardwood floors, and a renovated kitchen set a tone that feels both grand and welcoming. A spacious unfinished basement is ready for your next project, whether that is a home gym, workshop, or extra storage. The seller just completed a full electrical upgrade, replacing all knob and tube wiring throughout the home, along with a partial roof replacement, so you can settle in without wondering what is behind the walls. A new water heater, new storm windows, freshly painted siding, updated bath fixtures, and redone front steps mean the big jobs are already handled. The rest of the home is ready for your personal touch, giving you the chance to update it your way and build equity as you go. You are minutes from the commuter rail, Lynn's waterfront, restaurants, and art galleries.

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: 802 sq ft (the lesser of 900 sq ft or half the 1,603 sq ft principal dwelling). Lot size: 7,035 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

Original Price$565,000
Annual Taxes$5,454

Parking

Garage0
Off-Street9

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile
BasementFull, Bulkhead

Climate & Utilities

HeatingHot Water, Radiant, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.16
SqFt Lot7,035
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Dining RoomKitchenFamily RoomBathroom 1
Dining Room
Lvl First

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Kitchen Island, Cabinets - Upgraded, Remodeled, Gas Stove, Lighting - Overhead

Family Room
Lvl First

Flooring - Hardwood, Lighting - Overhead

Master Bedroom
Lvl Second

Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood, Attic Access, Lighting - Overhead

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Gas, Washer Hookup, Lighting - Overhead

Bathroom 2
Lvl Second

Bathroom - Full, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead

Property History

Listed
$565,000

Aug 31, 2026

MLS® 73570039

Expired
$569,900

Aug 7, 2026

MLS® 73537551

Listed
$569,900

Jun 17, 2026

MLS® 73537551

Listing Provided By

Listing Agent: Johnathon Harman

Listing Office: Team Zingales Realty, LLC

MLS® Number: 73570039