Active
75 Days on market
56 Orchard St Lynn — Photo 1 of 12

56 Orchard St Lynn — Photo 1 of 12

Recent Drop: $20,000

$989,000
$969,000

$969,000

Investment Analysis — 56 Orchard St

Lynn, MA 01905 — West Lynn

Based on rent reported on the MLS listing, a 3-unit multi-family in 01905 carries $8,280/mo in gross rent — about a 6.97% cap rate and $67,527/yr in estimated NOI at the $969,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

3

SqFt

3,304

Style

3 Family - 3 Units Up/Down

Built

1910

Exceptional three-family opportunity for investors or owner-occupants! This well-maintained property features two spacious three-bedroom units and one two-bedroom unit, separate utilities, three gas heating systems, low-maintenance vinyl siding, and off-street parking for four vehicles. A turnkey investment with strong income potential or the perfect opportunity to live in one unit while collecting rental income from the others.

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 MLS and other third-party data may be inaccurate or out of date.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$989,000
Annual Taxes$7,987

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms14
FireplacesNone
FlooringHardwood
BasementFull, Walk-Out Access, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR4

Property & Lot

Acres0.07
SqFt Lot3,149
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Private School • Public School

Geography

Property History

Price Drop
$969,000

Was $989,000

Jul 31, 2026

MLS® 73543356

Listed
$989,000

Jun 30, 2026

MLS® 73543356

Listing Provided By

Listing Agent: Eugene L. Clements

Listing Office: Clements Realty Group

MLS® Number: 73543356