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INVESTMENT SNAPSHOT
About this property
Spectacular OVERSIZED TRIPLE-DECKER with a HUGE PARKING LOT and RARE TWO-LEVEL, THREE-CAR GARAGE — perfect for a BUSINESS OWNER, CONTRACTOR, or INVESTOR. This exceptionally large property features a first-floor unit with 3 BEDROOMS and 2 BATHS, a second-floor unit with 4 BEDROOMS and 1 BATH, and a top-floor unit with 2 BEDROOMS and 1 BATH.The SEMI-FINISHED BASEMENT includes TWO ADDITIONAL BATHROOMS, ideal for ENTERTAINMENT or BONUS SPACE. All units have SEPARATE UTILITIES for added convenience and LOWER OPERATING RISK. The location is AMAZING, just off MAJOR ROUTES and right by ROUTE 107 and the LYNNWAY, offering easy access to SHOPPING, DINING, and TRANSPORTATION. DO NOT MISS THIS OPPORTUNITY — THIS ONE WILL NOT LAST!
Property details
| Units | 3 |
| Living area | 3,650 sqft |
| Lot size | 7,588 sqft |
| Year built | 1900 |
| Price / sqft | $307 |
| County | Essex |
| MLS # | 73527722 |
Listing status
| Days on market | 6 days |
| Listed on | June 1, 2026 |
Taxes & financials
| Annual property tax | $9,450 |
| Tax year | 2025 |
| Assessed value | $912,200 |
| Zoning | 0 |
| Gross income (actual) | $0/yr |
| Net operating income (actual) | $0/yr |
| Total actual rent | $0/mo |
| Electric expense | $0/yr |
| Insurance expense | $0/yr |
Building & lot
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.17 acres |
| Garage spaces | 3 |
| Parking spaces | 11 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Partially Finished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Oven, Varies per Unit |
Location
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Listing courtesy of Century 21 Mario Real Estate — Veraluxe Team. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 42 Baker St, Lynn MA 01902 have?
It is a 3-unit multi-family property with 3,650 sqft of living area, built in 1900.
How long was 42 Baker St, Lynn MA 01902 on the market before it sold?
42 Baker St, Lynn MA 01902 sold after about 80 days on the market (listed June 1, 2026, closed August 20, 2026).
What is the estimated cap rate on this 3-family in Lynn?
Based on area median rents, the estimated cap rate is about 4.9%, with a Signal Score of 85/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,099,900 across 3 units, that works out to roughly $366,633 per unit.
What are the property taxes on 42 Baker St, Lynn MA 01902?
Annual property taxes are $9,450 (2025), on an assessed value of $912,200.
What is the price per square foot?
At $1,099,900 for 3,650 sqft, that's about $307 per square foot.
Is there parking?
3 garage spaces and 11 total parking spaces (paved drive, off street).
Where is this property located?
42 Baker St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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