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INVESTMENT SNAPSHOT
About this property
Attention investors! First time on the market in almost 20 years! A substantial investment has been made to replace all six gas-fired heating systems, hot water tanks and common area upgrades in this well-maintained six-unit apartment building. Each oversized three-bedroom unit has separate utilities, and the property offers off-street parking and an established rent roll. Three units have recently undergone extensive renovations, including new bathrooms, refinished hardwood floors, fresh paint, and additional updates. All units have Letters of Deleading Compliance. Professionally maintained with significant recent improvements, this income-producing property offers a desirable unit mix and potential for future rental growth.
Property details
| Units | 6 |
| Living area | 7,785 sqft |
| Lot size | 4,866 sqft |
| Year built | 1900 |
| Price / sqft | $231 |
| County | Essex |
| MLS # | 73582954 |
Listing status
| Days on market | 0 days |
| Listed on | September 26, 2026 |
Taxes & financials
| Annual property tax | $12,925 |
| Tax year | 2026 |
| Assessed value | $1,254,900 |
| Zoning | R3 |
| Gross income (actual) | $208,200/yr |
| Net operating income (actual) | $144,825/yr |
| Total actual rent | $17,350/mo |
| Electric expense | $766/yr |
Building & lot
| Stories | 5 |
| Total rooms | 30 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Interior Entry, Unfinished |
| Foundation | Stone |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Hardwood |
Utilities & systems
| Heating | Forced Air, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range |
| Appliances | Range, Refrigerator |
Location
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Listing courtesy of a MLS PIN member office. 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 55 Rock Ave, Lynn MA 01902 have?
It is a 6-unit multi-family property with 7,785 sqft of living area, built in 1900.
How long has 55 Rock Ave, Lynn MA 01902 been on the market?
55 Rock Ave, Lynn MA 01902 has been listed for 0 days (since September 26, 2026).
What is the price per unit?
At a list price of $1,800,000 across 6 units, that works out to roughly $300,000 per unit.
What are the property taxes on 55 Rock Ave, Lynn MA 01902?
Annual property taxes are $12,925 (2026), on an assessed value of $1,254,900.
What is the price per square foot?
At $1,800,000 for 7,785 sqft, that's about $231 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street, paved).
Where is this property located?
55 Rock Ave, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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