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40 Hamilton Ave, Lynn, MA 01902

  • $1,000,050

    •

  • 7

    bed

  • 3

    bath

  • 3,274

    Sqft ($305/Sqft)

Multi-family for sale 8 days
Movoto is helping 57 homebuyers near you

About 40 Hamilton Ave

Property type Multi-family
Neighborhood
Year built 1918
HOA fee $0/month
Lot size 6,199 Sqft
Movoto estimate
Property description
3-Unit Investment at 40 Hamilton Ave, Lynn! Fantastic opportunity for investors or owner-occupants—this multi-unit offers strong rental income potential with 3 units ready to generate cash flow. Benefit from ample off-street parking and a large backyard, a rare find perfect for tenants and added value. Ideally located near public transportation, commuter routes, shopping, dining, and Lynn’s vibrant downtown, with easy access to Boston—making it highly attractive for renters. Whether you’re expanding your portfolio or looking to live in one unit while collecting rents, this property delivers income, convenience, and long-term upside.
Listed by
Listing Agent - Adele Faso
Listing Office - eXp Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73514325 • last updated 1 week ago
Movoto checked MLS Property Information Network, Inc. for data 10 minutes ago
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Overview
Levels/Style 3, 3
MLS # 73514325
Type Residential Income
Status Active
SubType 3 Family - 3 Units Up/Down
SqFt 3274
Lot Size (SqFt) 6199
Lot Size (Acres) 0.14
Annual Property Tax 9328.71
Year Built 1918
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 7
Basement Full, Walk-Out Access, Concrete, Unfinished
Total # of Rooms 17
Flooring Tile, Hardwood
Appliances Range, Refrigerator
Interior Features High Speed Internet, Bathroom With Tub, Living Room, Kitchen
Window Features Insulated Windows
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 9
Exterior Features Balcony/Deck, Balcony
Patio/ Porch Porch
Fencing Fenced/Enclosed
Amenities / Utilities
Sewer Public Sewer
Electricity 220 Volts
Water Source Public
Location
County Essex
Community Features Public Transportation, Shopping, Public School
Zoning R2
APN 2003984
Directions Please Follow GPS
Multifamily Details
Net Operating Income 72600
Total Actual Rent 6050
Gross Income 72600
Lot/ Land Details
Road Frontage Public
Road Surface Paved
Open houses
for 40 Hamilton Ave.

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3/10
Cobbet Elementary School
public Grades K-5
Lynn School District
N/A
William R Fallon Elementary School
public Grades 1-5
Lynn School District
1/10
Fecteau-Leary Junior/Senior High School
public Grades 6-12
Lynn School District
3/10
Pickering Middle School
public Grades 6-8
Lynn School District
2/10
Lynn English High School
public Grades 9-12
Lynn School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Highlands

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80/100
Walk
89/100
Family
82/100
Dining
95/100
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  • Real Estate
  • MA
  • Essex County
  • Lynn
  • 01902
  • Highlands
  • 40 Hamilton Ave

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Massachusetts Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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