Active
187 Days on market
135 Allen Ave Lynn — Photo 1 of 23

135 Allen Ave Lynn — Photo 1 of 23

Recent Drop: $84,000

$599,000
$515,000

$515,000

135 Allen Ave, Lynn, MA 01902

Lynn, MA 01902

Investor Analysis

Beds

4

Baths

2

SqFt

1,855

Style

Single Family

Built

1892

Set on a quiet residential street atop a hill with sweeping views of Lynn, this charming single-family home has been lovingly owned by a single family for many decades. The well-laid-out floor plan offers bright living areas, generously sized rooms, and natural light throughout. The kitchen provides ample storage and everyday functionality.The walk-in basement is a standout feature — fully ready to be finished and offering tremendous value-add potential. Outside, the large backyard sits on a 5,972 sq ft lot, opening the door for a possible addition, expansion, or simply room to relax and entertain. The elevated setting adds to its quiet, tucked-away charm.Ideally located near public transportation, major highways, local shops, and Lynn's revitalized downtown and waterfront, this home delivers convenience, character, and serious long-term upside. Whether you're an owner-occupant or investor, the bones are here — bring your vision.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$278/sqft
Local Avg (Lynn)$399/sqft
30% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$599,000
Annual Taxes$5,600

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingSteam, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.14
SqFt Lot5,972
Lot FeaturesLevel, Other

Amenities & Appliances

Gas Water Heater

Neighborhood

Public Transportation • Shopping • Highway Access • Public School • Sidewalks

Geography

Property History

Price Drop
$515,000

Was $530,000

Sep 11, 2026

MLS® 73484065

Price Drop
$530,000

Was $559,000

Jul 15, 2026

MLS® 73484065

Price Drop
$559,000

Was $599,000

Apr 15, 2026

MLS® 73484065

Listed
$599,000

Mar 9, 2026

MLS® 73484065

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

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: 900 sq ft (the lesser of 900 sq ft or half the 1,855 sq ft principal dwelling). Lot size: 5,972 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.

Listing Provided By

Listing Agent: Creatini Group

Listing Office: eXp Realty LLC - Corporate Office

MLS® Number: 73484065

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