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27 Houston Pl Lynn — Photo 1 of 39

27 Houston Pl Lynn — Photo 1 of 39

$575,000

Investment Analysis — 27 Houston Pl

Lynn, MA 01905

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01905 carries an estimated $3,080/mo in gross rent — about a 4.12% cap rate and $23,670/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,225

Style

Single Family

Built

1900

Here is your chance, if you are looking for a cute, cozy and affordable single family home with spacious backyard in a very convenient location in Lynn near Saugus Border. The first floor features 1 bedroom, half bathroom, living room, dining room, kitchen which slides open to a beautiful deck to the green backyard. Second floor features two good sized bedrooms and full bathroom. The home has unfinished basement with washer/dryer. Big leveled side yard to enjoy outdoor activities and summer BBQ. Nearby MBTA buses, easy access to Route 1 & highways and minutes away from the Boston Logan Airport makes this a very convenient location. Also, nearby shops, restaurants, Market Basket, Square One Mall, Home Depot, Walmart, micro breweries and more the city life has to offer. A little TLC can really make this your sweet home. Easy showing on Lockbox. Don't miss it.

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: 613 sq ft (the lesser of 900 sq ft or half the 1,225 sq ft principal dwelling). Lot size: 4,747 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.

Open Houses

Property Details

Financials

Original Price$575,000
Annual Taxes$4,420

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingSteam, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningR2

Property & Lot

Acres0.11
SqFt Lot4,747
Lot FeaturesCorner Lot

Amenities & Appliances

Gas Water Heater • Range • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Park • Medical Facility • Laundromat • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl First
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Arjun Kunwar

Listing Office: eXp Realty LLC - Corporate Office

MLS® Number: 73575953