Move-in ready and fully vacant 2 1/2 family with strong rental income potential! a two-car garage, driveway parking, and bonus yard space—all conveniently located near the T. Tall basement offers expansion potential. Seller may consider a rate buydown credit on offers above asking. Rents shown are neighborhood estimates. Will have 30 minute open houses weekdays at 6pm beginning Thursday, 1-2pm Saturday & Sunday. This large home is great for a large family to bring everyone home.
| Units | 2 |
| Living area | 3,162 sqft |
| Lot size | 4,792 sqft |
| Year built | 1880 |
| Price / sqft | $275 |
| County | Essex |
| MLS # | 73587552 |
| Days on market | 0 days |
| Listed on | October 7, 2026 |
| Annual property tax | $8,470 |
| Tax year | 2026 |
| Assessed value | $822,290 |
| Zoning | R2 |
| Gross income (actual) | $81,600/yr |
| Net operating income (actual) | $81,600/yr |
| Total actual rent | $6,800/mo |
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.11 acres |
| Garage spaces | 2 |
| Parking spaces | 5 |
| Parking | Paved Drive |
| Basement | Full, Walk-Out Access, Concrete |
| Foundation | Block, Stone |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 3,162 sqft of living area, built in 1880.
7 Alice Ave, Lynn MA 01902 has been listed for 0 days (since October 7, 2026).
At a list price of $868,900 across 2 units, that works out to roughly $434,450 per unit.
Annual property taxes are $8,470 (2026), on an assessed value of $822,290.
At $868,900 for 3,162 sqft, that's about $275 per square foot.
2 garage spaces and 5 total parking spaces (paved drive).
7 Alice Ave, Lynn MA 01902 is in Lynn, Essex County, MA 01902.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.