33 Nicholson St Lynn — Photo 1 of 28
$599,000
Investment Analysis — 33 Nicholson St
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 3.81% cap rate and $22,817/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
912
Style
Single Family
Built
1955
Welcome to 33 Nicholson Street! This beautifully maintained 3-bedroom, 1.5-bath Ranch offers comfortable one-level living in desirable West Lynn. The updated kitchen features granite countertops, new stainless-steel appliances, and direct access to a private deck—perfect for morning coffee or outdoor dining. The inviting living room offers hardwood floors and a cozy fireplace, while both bathrooms have been tastefully renovated. Three well-appointed bedrooms provide flexibility for family, guests, or a home office. The basement offers excellent storage and potential for future expansion. Additional highlights include low-maintenance vinyl siding, central air, and solar panels to help reduce electricity costs. Step outside to enjoy the fenced backyard oasis, complete with a firepit and storage shed—an ideal setting for relaxing or entertaining. With updated cosmetics and mechanicals, this move-in-ready home offers comfort, convenience, and peace of mind. A wonderful opportunity to enjoy easy one-level living in a sought-after West Lynn location!
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: 456 sq ft (the lesser of 900 sq ft or half the 912 sq ft principal dwelling). Lot size: 5,702 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 11
Flooring - Hardwood
Kitchen
Lvl Main,First10 x 11
Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Stainless Steel Appliances
Master Bedroom
Lvl First13 x 9
Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First10 x 7
Bedroom 3
Lvl First11 x 8
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile, Remodeled
Bathroom 2
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: Krystal Solimine
Listing Office: RE/MAX Partners
MLS® Number: 73575928
